Question

WILL GIVE BRAINLIEST! A rent payment is an example of which type of expense?

Answer 1

Answer:

any expense that does not change from period to period," such as mortgage or rent payments, utility bills, and loan payments.

Explanation:

Rent expense is a type of fixed operating cost, or an absorption cost, for business—as opposed to a variable expense—that is subject to a one- or two-year contract between the lessor and lessee, with options to renew.

Hope this helps

Answer 2

Answer: Fixed Expenses

Explanation: Any expense that does not change from period to period, like mortgage or rent payments, utility bills, and loan payments.

              Hope this helped!!!! EDIT:Just realized this ended up posting late... welp.