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Which of these qualify as variable expenses? Choose three answers.

clothing purchases
loan payment
monthly groceries
apartment rent
medical bills

Sagot :

The expenses that qualify as variable expenses are:

  • A. Clothing purchases
  • C. Monthly groceries
  • E. Medical bills

What is a Variable Expense?

This refers to the type of expenses that are said to be recurring as they are different from fixed expenses.

Hence, we can see that from the answer choices, looking at the recurring expenses, we can note that expenses such as clothing purchases, medical bills and monthly groceries are variable expenses.

Read more about variable expenses here:

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Answer:

A, C, E

Explanation: