Question

Question 4 (1 point)
Is the following a fixed or a variable expense?

Car Insurance

Question 4 options:

A) Fixed Expense
B) Variable Expense

Answer 1

Fixed expense because

Answer 2

Answer:

(A) Expenses

Step-by-step explanation:

I believe this would be A because you never know when a car insurance company will change the price of your rates but you can rely on them keeping it one consecutive price as long as you have no accidents.