Question

question 18 of 20
a utility payment is an example of a(n) ______ expense.
a. housing
b. transportation
c. mortgage
d. insurance

Explanation:

Utility payments (such as electricity, water, gas) are directly tied to maintaining a home, making them a component of housing expenses. The other options do not fit: transportation covers travel costs, mortgage is a home loan repayment, and insurance is a risk-mitigation payment unrelated to basic home utilities.

Answer:

A. housing