Question

Question 9 of 10

How do flexible expenses differ from fixed expenses?
OA. Flexible expenses occur only in emergencies.
OB. Flexible expenses cannot fit into a budget.
C. Flexible expenses vary over time.
D. Flexible expenses pay for luxuries.

Answer 1

C. Flexible expenses vary over time. Unlike fixed expenses, which remain constant, flexible expenses can change and fluctuate over time. They are not set in stone and can be adjusted based on your needs and priorities. It's important to consider both fixed and flexible expenses when managing your budget.