Untitled Quiz

To determine total expenses

To simplify financial reporting

To identify areas for cost-cutting (correct)

To calculate the ratio of variable expenses to net sales

Variable expenses are always higher than fixed expenses

Fixed expenses are easier to control (correct)

Variable expenses remain constant over time

Fixed expenses change with production levels

It categorizes expenses based on time periods

It identifies fixed expenses accurately

It determines the total revenue of the business

It helps in assessing profit margins (correct)

<p>Variable expenses</p> Signup and view all the answers

<p>When looking to improve its profit margin</p> Signup and view all the answers