alberto is making a budget. he owes a cell phone bill of $60 per month for 23 more months, plus the fees for…

alberto is making a budget. he owes a cell phone bill of $60 per month for 23 more months, plus the fees for any extra usage such as text messaging or extra minutes. which of the following is the correct category for this expense? a. essential (flexible) expense b. emergency fund c. essential (fixed) expense d. non - essential expense please select the best answer from the choices provided

alberto is making a budget. he owes a cell phone bill of $60 per month for 23 more months, plus the fees for any extra usage such as text messaging or extra minutes. which of the following is the correct category for this expense? a. essential (flexible) expense b. emergency fund c. essential (fixed) expense d. non - essential expense please select the best answer from the choices provided

Answer

Brief Explanations:

A cell - phone bill is essential for communication. The base amount of $60 is fixed, but additional usage fees for text messaging or extra minutes can vary, making it a flexible expense.

Answer:

a. Essential (flexible) expense