The statement : "Living expenses aren't considered startup costs." is a True statement. They are known as the cost of living.
A start-up cost is the expenses incurred when one established a new business or an organization.
Start Up cost are the expenses or the amount incurred for creating a new business or a trade.
The cost or expenses incurred as a part of living a daily life is knonw as cost of living. It is the cost needed for one's food, housing, bills, groceries, health care, etc.
Thus, a living expenses are not considered as a startup costs.
Learn more about "Start-Up cost" here :
https://brainly.com/question/25881160
