Expenses that are contractual in nature and are normally paid every month are
A) monthly expenses.
B) automatic expenses.
C) variable expenses.
D) accounting expenses.
E) fixed expenses.

Name: Expenses that are contractual in nature and are normally paid every month are A) monthly expenses. B) automatic expenses. C) variable expenses. D) accounting expenses. E) fixed expenses.
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Question

Quizplus · Accepted Answer

Fixed expenses are contractual and typically paid monthly, such as rent or mortgage payments.

Expenses That Are Contractual in Nature and Are Normally Paid