Question

question 10 of 10
what is an example of a fixed expense?
a. paying a cell phone bill
b. replacing a flat tire
c. buying a new holiday sweater
d. eating at a nice restaurant

Explanation:

Fixed expenses are regular and predictable costs. A cell phone bill is typically paid monthly at a set amount (assuming a standard plan), while replacing a flat tire (unexpected), buying a new holiday sweater (optional), and eating at a nice restaurant (variable spending) are not fixed.

Answer:

A. Paying a cell phone bill