In the context of spending habits, _____ are expenditures for which the spender has significant control in terms of the amount and timing.
A) obligatory payments
B) irremissible payments
C) discretionary payments
D) compulsory payments

Question

Quizplus · Accepted Answer

Discretionary payments are those that the spender can control, such as entertainment or luxury items, unlike obligatory or compulsory payments which are necessary and unavoidable.

In the Context of Spending Habits, _____ Are Expenditures for Which