asked 142k views
3 votes
Which of the following is considered a flexible expense ?

a. Restaurant meals
b. rent payment for apartment.
c. Credit card payment.
d. Car insurance payment.

asked
User Bux
by
7.9k points

1 Answer

6 votes

Answer:

A) Restaurant meals are considered a flexible expense.

Restaurant meals are classified as a flexible cost since they are not required for basic survival, and the amount spent on them can vary greatly based on personal tastes and choices. Rent, credit card payments, and auto insurance payments, on the other hand, are often considered fixed costs since they are required for basic living and the amount spent on them is normally established by contractual agreements or other considerations.

answered
User Gerb
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8.2k points

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