scenario: ahmad needs to create a budget for his first year at college. he will need to include the…

scenario: ahmad needs to create a budget for his first year at college. he will need to include the following expense categories: his health insurance, the electricity bill, the water bill, his rent, his food expenses, and discretionary spending. which of ahmads expenses will most likely be ranked as variable expenses? check all that apply. rent discretionary spending groceries health insurance electricity bill water bill
Answer
Brief Explanations:
Variable expenses change in amount. Discretionary spending varies based on choices. Groceries can vary in quantity and cost. Electricity and water bills depend on usage. Rent and health - insurance are usually fixed.
Answer:
discretionary spending, groceries, electricity bill, water bill