BUISENESS MANAGEMENT
FINANCIAL MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which of the following is/ are fixed expenses?
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Insurance payments
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Rent
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House installments
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Petrol expenses
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Electricity bill
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Explanation:
Detailed explanation-1: -Your mortgage, loan payments, and property taxes are examples of fixed expenses.
Detailed explanation-2: -Examples of Fixed Expenses Mortgage or rent payments. Loan payments, such as auto loans or student loans. Insurance premiums, such as for car insurance and homeowners insurance. Property taxes.
Detailed explanation-3: -Examples of fixed costs are rent and lease costs, salaries, utility bills, insurance, and loan repayments.
There is 1 question to complete.