Which of the Following Would Be Considered a Fixed Expense

question 5

Multiple Choice

Which of the following would be considered a fixed expense?

• A)Electric bill
• B)Food at home
• C)Rent
• D)Donations
• E)Medical expenses

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Definitions:

Need For Achievement

A psychological trait that drives individuals to pursue and attain challenging goals or standards of excellence.

Equity Concepts

Principles related to fairness, justice, and impartiality within various contexts such as economics, law, and social interactions.

Collective Societies

Societies that prioritize the group over the individual, emphasizing shared goals, cooperation, and interdependence.

Expectancy Theory

A motivational theory suggesting that an individual's effort, performance, and motivation are influenced by their expectations of achieving desired outcomes.