Final answer:
The cost of items such as insurance, gasoline, and parking are part of an automobile's operating expenses. 'Transaction fees' are related to the initial purchase or sale rather than to the ongoing cost of operating the vehicle.
Step-by-step explanation:
The subject of this question falls under the category of Business, as it relates to the costs associated with operating an automobile. When considering the cost factors of owning and using a car, there are various expenses to keep in mind.
Insurance, such as motor vehicle insurance, is definitely part of the operating costs since it is a necessary expense for protecting the driver against financial losses in case of accidents or theft. Insurance premiums can vary based on factors like the car's safety ratings, the driver's age, and driving history.
Gasoline is another significant cost to consider, especially because prices at the pump can influence driving habits. When gas prices are high, people may choose to drive less to save money.
Parking fees can also accumulate, especially if you're driving to places where free parking isn't available. Finally, while transaction fees could be associated with the initial purchase or sale of a vehicle, they are not ongoing operating expenses and therefore would not be considered a part of routine automobile operating costs.
So, the part of automobile operating costs that may not typically be considered a recurring expense is 'Transaction fees'.