Question

Balance can be either regular or variable. State whether the statement is True (or) False And Justify it

Answer 1

The statement is true..

Answer 2

The statement can be different for different conditions.

The regular basis will be the one that depends on the monthly, weekly, quarterly or even annually basis.

Whereas variable is the one which showcases the fixed expenses with the budgets that help in representing the decision of total spending for requirements.