Which of the following payments would be considered a variable expense?
A)Rent
B)An installment loan payment
C)A mortgage payment
D)A monthlyparking fee
E)A telephone bill

Question

Quizplus · Accepted Answer

A telephone bill is considered a variable expense because the amount can fluctuate each month based on usage, unlike fixed expenses such as rent, loan payments, mortgage payments, and monthly parking fees, which remain constant.

Which of the Following Payments Would Be Considered a Variable