Question 5
Which of the following categories do rent and mortgage payments fall under?
Long-term liabilities
Fixed expense
Short-term liabilities
Variable expense
Which of the following categories do rent and mortgage payments fall under?
Long-term liabilities
Fixed expense
Short-term liabilities
Variable expense
Correct answer
Fixed expense
Question 5 of 28 in the IIT Madras BS Strategies for Professional Growth (SPG) Quiz 2 paper sat on 6 Aug 2023, in the May 2023 term (IIT M DEGREE AN3 EXAM QPE3 06 Aug 2023). It carries 1 mark.