Where do most variances happen in building and sticking to a budget?
A)Amount of monthly income
B)Amount of variable monthly expenses,like entertainment
C)Amount of cash in the bank
D)Amount of fixed monthly expenses,like rent

Question

Quizplus · Accepted Answer

Variable monthly expenses, like entertainment, can be the easiest to overspend on and can quickly cause variances in a budget. Fixed monthly expenses, like rent, are typically easier to plan for and budget accordingly. The amount of monthly income and cash in the bank may affect a budget, but they are not necessarily the primary drivers of variances.

Where Do Most Variances Happen in Building and Sticking to a Budget