Which item below contains all inflexible expenses?
A)Rent,dining out,payroll taxes
B)Hobbies,clothing,vacations
C)Life insurance,health insurance,utilities
D)Auto loan payments,mortgage payments,auto insurance

Question

Quizplus · Accepted Answer

Inflexible expenses are those that are fixed and cannot easily be changed or eliminated. Auto loan payments, mortgage payments, and auto insurance are examples of such expenses, as they are typically consistent amounts that must be paid regularly and are not discretionary.

Which Item Below Contains All Inflexible Expenses