Variable expenses include all of the following EXCEPT
A) insurance.
B) automobile maintenance.
C) clothing.
D) gas.
E) food.

Question

Quizplus · Accepted Answer

Insurance is typically a fixed expense, as it usually costs a consistent amount on a regular schedule (monthly, quarterly, annually), unlike variable expenses which fluctuate based on usage or consumption, such as automobile maintenance, clothing, gas, and food.

Variable Expenses Include All of the Following EXCEPT