Looking for answers? Westonci.ca is your go-to Q&A platform, offering quick, trustworthy responses from a community of experts. Experience the ease of finding accurate answers to your questions from a knowledgeable community of professionals. Explore comprehensive solutions to your questions from a wide range of professionals on our user-friendly platform.

Question 4 (1 point)
Is the following a fixed or a variable expense?

Car Insurance

Question 4 options:

A) Fixed Expense
B) Variable Expense


Sagot :

Fixed expense because

Answer:

(A) Expenses

Step-by-step explanation:

I believe this would be A because you never know when a car insurance company will change the price of your rates but you can rely on them keeping it one consecutive price as long as you have no accidents.