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Which of these is considered a fixed expense?
insurance
Is administrative expense a fixed cost or variable?
Fixed
What is a expense that does not change from month to month called?
An expense that does not change from month to month is called a fixed expense. Fixed expenses remain consistent regardless of usage or consumption, such as rent or mortgage payments, insurance premiums, and subscription services. These costs are predictable and essential for budgeting purposes.
What is a fixed expense?
A fixed expense is an expense that doesn't change, regardless of the activity level. For most companies, rent expense is fixed. No matter what the company's sales volume, rent expense stays the same.
What is another word for a regular expense?
Another word for a regular expense is a "fixed expense." Fixed expenses are costs that do not fluctuate in amount and occur consistently over time, such as rent or mortgage payments, insurance premiums, and subscription services. These expenses are predictable and typically remain the same each month.
Which of these is an example of a fixed expense?
Rent food car payment electric bill
Which of these is considered a fixed expense?
insurance
Is car insurance included in the debt-to-income ratio calculation?
Car insurance is typically not included in the debt-to-income ratio calculation because it is considered a variable expense rather than a fixed debt obligation.
Is health insurance an example of a fixed expense?
Only if the policy goes unchanged and the amount goes unchanged for the period of time that you're assessing the fixed expense for. A fixed expense is an amount that is payable, and that is the same amount each period. So if your health insurance policy is always $25 per week, than yes. But you must take into account that sometimes insurance companies increase rates, or your health insurance needs change as you get older, have a partner, have kids etc. I would only ever consider it a short term fixed expense. In business a fixed expense is generally that of overheads, such as rent etc.
Is a car payment a variable expense or liability?
A car is a variable expense having the following properties: Car payment ( fixed Expense) Maintenance and usage costs (variable) So in total it is a variable expense. A car payment is considered a liability.
Is administrative expense a fixed cost or variable?
Fixed
In which of these categories does car insurance fit?
fixed expenses
If you damage your own car will your insurance go up?
Sure will if you turn it into the insurance to be fixed.
What is a expense that does not change from month to month called?
An expense that does not change from month to month is called a fixed expense. Fixed expenses remain consistent regardless of usage or consumption, such as rent or mortgage payments, insurance premiums, and subscription services. These costs are predictable and essential for budgeting purposes.
What is a fixed expense?
A fixed expense is an expense that doesn't change, regardless of the activity level. For most companies, rent expense is fixed. No matter what the company's sales volume, rent expense stays the same.
Does your insurance increase for four wheel drive?
No unless the car was more expensive than the previous car. Insurance is based on the 'newness' or expense of the car and the driving record of the insured.
What is another word for a regular expense?
Another word for a regular expense is a "fixed expense." Fixed expenses are costs that do not fluctuate in amount and occur consistently over time, such as rent or mortgage payments, insurance premiums, and subscription services. These expenses are predictable and typically remain the same each month.
