Question
Question
Which of the following is an expense which stays relatively the same from month to month, such as a car payment or rent?
Responses
Equity expenses
Equity expenses
Fixed expense
Fixed expense
Estimated expense
Estimated expense
Variable expense
Which of the following is an expense which stays relatively the same from month to month, such as a car payment or rent?
Responses
Equity expenses
Equity expenses
Fixed expense
Fixed expense
Estimated expense
Estimated expense
Variable expense
Answers
GPT-4o mini
The correct answer is **Fixed expense**. Fixed expenses are costs that do not fluctuate significantly in amount from one period to the next, such as rent or car payments.