A decrease in net worth could be the result of:
A)inflows exceeding outflows for a month.
B)outflows exceeding inflows for a month.
C)assets exceeding expenses.
D)increased earnings on the job.
E)inflows and outflows being equal for a month.

Question

Quizplus · Accepted Answer

A decrease in net worth occurs when outflows (expenses) exceed inflows (income), as this means you are spending more money than you are bringing in, leading to a reduction in overall financial resources.

A Decrease in Net Worth Could Be the Result Of