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13 August, 03:34

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

A) Entertainment

B) Savings

C) Clothing

D) Insurance premiums

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Answers (1)
  1. 13 August, 04:38
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    Out of the following choices given, the budget item that would probably be considered a fixed expense is insurance premiums. Entertainment, savings, and clothing expenses can change from week to week or from month to month. Insurance will be a fixed amount for a year at a time and most likely won't change. The correct answer is D.
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