Which of the Following Would Be Considered a Variable Expense

question 37

Multiple Choice

Which of the following would be considered a variable expense  

• A) Rent
• B) Raw materials
• C) Interest
• D) Insurance

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Definitions:

Capital Contributions

Investments or payments made by owners or shareholders into a company or partnership to provide it with working capital or to cover operational needs.

Dissolved

The process by which a company or partnership formally closes its business and ceases operations.

Limited Partner

A partner in a partnership whose liability is limited to the amount of their investment, and who typically does not participate in the day-to-day management of the business.

Limited Partnership

A form of partnership consisting of at least one general partner and one limited partner, where the latter has limited liability.