Answered

Discover answers to your most pressing questions at Westonci.ca, the ultimate Q&A platform that connects you with expert solutions. Ask your questions and receive accurate answers from professionals with extensive experience in various fields on our platform. Join our Q&A platform to connect with experts dedicated to providing accurate answers to your questions in various fields.

1. Which budget items are examples of a fixed expense? (Select all that apply.)

- Rent
- Doctor's Visit
- Groceries
- Clothing
- Car Payments

Sagot :

GinnyAnswer

Final answer:

Fixed expenses like rent and car payments remain constant, unlike variable expenses that can change.


Explanation:

Fixed expenses are monthly costs that do not change, irrespective of usage or production levels. Examples of fixed expenses include:

  • Rent
  • Car Payments

On the other hand, groceries, doctor's visits, and clothing are variable expenses that can fluctuate based on needs and choices.


Learn more about Fixed vs. Variable Expenses here:

https://brainly.com/question/32722883


Thanks for using our platform. We aim to provide accurate and up-to-date answers to all your queries. Come back soon. We appreciate your time. Please revisit us for more reliable answers to any questions you may have. Thank you for choosing Westonci.ca as your information source. We look forward to your next visit.