Scenario: ahmad needs to create a budget for his first year at college. he will need to include the following expense categories: his health insurance, the electricity bill, the water bill, his rent, his food expenses, and discretionary spending. which of ahmad's expenses will most likely be ranked as variable expenses? check all that apply. rent discretionary spending groceries health insurance electricity bill water bill

Respuesta :

Answer:

The following expenses are considered variable expenses:Discretionary spendingGroceriesElectricity billWater billVariable expenses are defined in contrast to fixed expenses. The first represent those costs which can change from one month to the next, or from one year to the next, depending on the use you make from the product or service they are linked to. Variable expenses are not necessarily discretionary, in fact many are not because you cannot live without them. In opposition, fixed costs would be those whose quantity remains equal during the time the contract lasts, for example, in the case of the rent.

Explanation:

Answer:

B) discretionary spending

C) groceries

E) electricity bill

F) water bill

Explanation:

Got it right on edge. Hope this helps, I hope you have a great day :)

ACCESS MORE
ACCESS MORE
ACCESS MORE
ACCESS MORE