An expenditure over which you have control and are not obligated to make,and which may vary from month to month is called a ________ expenditure.
A)fixed
B)flexible
C)liquid
D)vacillating

Question

Quizplus · Accepted Answer

A flexible expenditure is one that can vary from month to month and is under your control. Fixed expenses are the opposite and remain stable, such as rent or a car payment, while liquid expenses are related to cash and securities. Vacillating is not a financial term and does not apply in this context.

An Expenditure Over Which You Have Control and Are Not