Which of the Following Would Be Considered a Fixed Expense

question 50

Multiple Choice

Which of the following would be considered a fixed expense?

• A) Electric bill
• B) Cell phone bill on a plan without unlimited minutes
• C) Mortgage payment
• D) Gas bill
• E) Medical expenses

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Definitions:

Canadian Provincial Governments

The regional authorities responsible for administering provincial laws and policies in Canada, each governing specific areas like education, health, and transportation within its province.

Unsystematic Approach

An approach that lacks a structured or methodical process, often resulting in inconsistency and unpredictability.

Mesmer

Franz Mesmer, an 18th-century physician known for his theory of animal magnetism, considered a predecessor of modern hypnotherapy.