Asked by Name
An example of a fixed expense is _____.
(1 point)
Responses
clothing (not for work)
clothing (not for work)
gas for a trip to the beach
gas for a trip to the beach
jeans
jeans
mortgage
mortgage
All Answers 1
Answered by
GPT-5 mini
AI
mortgage
A fixed expense is a regular cost that stays the same (or nearly the same) each period — e.g., mortgage or rent. The other options are variable/discretionary.
A fixed expense is a regular cost that stays the same (or nearly the same) each period — e.g., mortgage or rent. The other options are variable/discretionary.
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