Fixed expenses __________.
A) are those expenses incurred regardless of sales volume
B) can be estimated by examining industry benchmarks
C) include items such as rent, insurance, and utilities
D) All of the answers are correct.
E) None of the answers apply.

Question

Quizplus · Accepted Answer

Fixed expenses are costs that do not change with the level of sales or production, such as rent, insurance, and utilities. They can also be estimated using industry benchmarks.

Fixed Expenses __________