QUESTION IMAGE
Question
which of the following describes a variable recurring startup cost?
- electric bill
- licenses and permits
- market research
- vehicle insurance
Brief Explanations
A variable recurring cost changes with usage and repeats over time. An electric bill is recurring (monthly/regular) and varies based on how much electricity the business uses in its startup phase. Licenses/permits are fixed one-time or fixed recurring costs, market research is typically a one-time startup cost, and vehicle insurance is a fixed recurring cost.
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A. Electric bill