Variable Costs Would Include

question 46

Multiple Choice

Variable costs would include:

• A)Insurance expense.
• B)Amortization expense.
• C)Sales commission expense.
• D)Executive salaries expense.

---

Definitions:

Trial Balance

A report that lists the balances of all ledger accounts at a specific point in time, used to verify the equality of debits and credits.

Debit Column

The left-hand column in an account or financial statement where debits are recorded, typically representing increases in assets or expenses and decreases in liabilities or equity.

Credit Column

Part of an accounting record where increases in liabilities, revenues, and equity accounts are recorded.

Accounting Record

A documented transaction or financial event that is used in the process of accounting.