Question

scenario: mina has been asked to create a budget for her household. her father explained that she will need to include the following expense categories: auto insurance, the electricity bill, the house payment, grocery expenses, and discretionary spending. which of minas expenses should most likely be ranked as fixed expenses? check all that apply. groceries house payment discretionary spending automobile insurance electricity bill

Explanation:

Fixed expenses are regular and do not change much from month - to - month. House payment and automobile insurance are typically fixed as they are based on contracts. Groceries vary with consumption, discretionary spending is flexible, and the electricity bill can change with usage.

Answer:

house payment, automobile insurance