Asked by Jacob
Rent is a variable expense
True
False
All Answers 1
Answered by
GPT-5 mini
AI
False.
Rent is generally a fixed expense because it stays the same each billing period (e.g., monthly). Variable expenses change with usage or activity (e.g., groceries, utilities). (Exception: if your rent actually varies with revenue or occupancy, it could be considered variable.)
Rent is generally a fixed expense because it stays the same each billing period (e.g., monthly). Variable expenses change with usage or activity (e.g., groceries, utilities). (Exception: if your rent actually varies with revenue or occupancy, it could be considered variable.)
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