Jose's mother, who is 83 years old, has been hospitalized for almost four months because of deteriorating health conditions. Thus, each month, a major portion of Jose's income is spend on paying the hospital and medical bills and expenses incurred during diagnostic tests. In this scenario, Jose's medical expenses are an example of:

Question

Quizplus · Accepted Answer

Nondiscretionary payments are those that are necessary and unavoidable, such as medical expenses. These types of expenses cannot be easily reduced or eliminated, as they are essential for maintaining one's health and well-being. Obligatory, statutory, and compulsory payments all refer to payments that are required by law or contract, but they are not necessarily related to medical expenses specifically.

Jose's Mother, Who Is 83 Years Old, Has Been Hospitalized