Which of the following is an example of a fixed operating expense:*2 pointsInsuranceSales commissionsAdvertisingTravel expenses
Question
Solution 1
The example of a fixed operating expense from the options provided is Insurance.
Here's why:
- Insurance: This is a fixed operating expense because it is typically a set amount that is paid on a regular basis, such as monthly or annually. It does not change based on the volume of business activi Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study prob
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