The Budget Is Usually Divided into Two Classes of Expenses

question 70

Multiple Choice

The budget is usually divided into two classes of expenses, __________.

• A) fixed and variable
• B) common and general
• C) long-term and short-term
• D) mandatory and compulsory

---

Definitions:

Voltage Drops

A reduction in voltage across a component or section of a circuit, indicating resistance or a loss of electrical power.

Resistance

A measure of the opposition to current flow in an electrical circuit, affecting how much current flows for a given voltage.

Circuit Breakers

A circuit protection device that acts like a switch to open the circuit when current flow becomes excessive.

Excessive Current

A condition where the flow of electrical current exceeds the design limits of a circuit or device, potentially causing damage or overheating.