Which one of the following budget items would probably be considered a fixed expense?
A. Entertainment

B. Savings

C. Clothing

D. Insurance premiums
Is it D? I can't be sure...

Question

Which one of the following budget items would probably be considered a fixed expense? 
A. Entertainment

B. Savings

C. Clothing

D. Insurance premiums
Is it D? I can't be sure...

anonymous · Answer

You are correct it is D, because fixed expenses are costs that dont change occasionally like insurance costs, and realty taxes.

anonymous · Answer

The correct answer is D, the entertaintment, savings, clothing expenses change each month, in the other hand, you pact the premium of an insurance for a period of time and it's not possible to change it unless you break the contract

anonymous · Answer

Yes D

anonymous · Answer

Ans :the correct answer is D . becaeuse others options will vary with your but insurance wil remain fixed.

anonymous · Answer

..what you thin