Question

You have the following expenses: clothes - $98.95 , utilities - $234.98 , rent - $875.34 , and groceries - $103.98 . Which expenses are discretionary?

A. clothes
B. clothes and groceries
C. utilities ; rent , and groceries
D. utilities and rent

Answer 1

Discretionary and Fixed Expenses Quick Check

1. calculate the difference between your net income and fixed expenses

2. Involuntary and fixed

3. clothes

4. $202.24

Hope this Helps

Explanation:

Answer 2

Answer: Option 'A' is correct.

Explanation:

Since we have given that

Expenses for clothes =$98.95

Expenses for utilities = $234.98

Expenses for rent = $875.34

Expenses for groceries = $103.98

Discretionary expenses are those expense which are not essential for the operation of a home or business ,

So, among the four options ,Clothes are not essential for the operation of home.

Hence, Option 'A' is correct.