goodwin21258 goodwin21258

03-07-2024
Business

Answered

Identify if the following statement is True or False:

A budget should include fixed and variable expenses.

A. True
B. False

Answer :

GinnyAnswer GinnyAnswer

03-07-2024

Final answer:

A budget should include both fixed and variable expenses, as fixed expenses remain constant while variable expenses fluctuate.

Explanation:

True. A budget should include both fixed and variable expenses. Fixed expenses are monthly costs that remain constant, such as rent or mortgage payments, while variable expenses fluctuate based on needs and wants, like groceries or dining out.

Learn more about Budgeting here:

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