Question

Which of the following statement is TRUE about variable expenses? A. The amount you spend on variable expenses do not change during certain months and do change during other months B. The amount you spend on variable expenses changes from month to month. C. the amount you spend on variable expenses remains the same from month to month. D. none of the above are true

Answer 1

B. The amount you spend on variable expenses changes from month to month.

Explanation: Variable expenses fluctuate based on usage or circumstances (e.g., groceries, gas, utilities, entertainment). Fixed expenses (like rent or a car payment) remain the same each month.