Flexible payments that change from month to month are referred to as:
A)variable expenses.
B)fixed expenses.
C)cash flow.
D)insolvency.
E)budget variance.

Name: Flexible payments that change from month to month are referred to as: A)variable expenses. B)fixed expenses. C)cash flow. D)insolvency. E)budget variance.
Brand: Quizplus
Rating: 4.9 (31 reviews)

Question

Quizplus · Accepted Answer

Variable expenses are costs that change in amount from month to month, such as utility bills, groceries, and gas, in contrast to fixed expenses which remain the same each month.

Flexible Payments That Change from Month to Month Are Referred