Question

Match the types of expenses with the correct descriptions

Answer 1

Answer:

When I Entered the below I got 100%

Explanation:

A) Occur at different times throughout the year and tend to be in large lumo sums, like college tuition payments and car repairs.

Answer - Intermittent Expenses

B) Thins you don't need, like eating out, gifts, and candy.

Answer - Discretionary Expenses

C) Change in dollar amount every month and include things like utility bills, gasoline, and groceries.

Answer - Variable Expenses

D) Remain the same from month to month like rent and insurance premiums.

Answer - Fixed Expenses

Answer 2

Answer:

See below

Explanation:

1). Intermittent Expenses

Occur at different times throughout the year and tend to be in large lump sums, like college tuition payments and car repairs.

Although intermittent expenses are irregular (do not occur monthly), the amounts involved are predictable.

2). Variable Expenses

Change in dollar amount every month and include  things like utility bills,

gasoline and groceries

variable expenses are the business expenses that change as the production volume changes. Variable expenses are directly related to the output of a business.

3) Fixed expenses

Remain the same from month to months like rent and insurance premiums

Fixed costs are constant. They are not expected to change in the current financial year.

4) Discretionary Expenses

Things you don't  necessarily need, like eating

Description costs are unnecessary or non-essintial expenses. A business or household will continue functioning even without the discretionary expenses.