Which statement must necessarily be true in order to avoid going into debt?

Fixed expenses must be more than discretionary spending.

Fixed expenses must be less than discretionary spending.

Fixed expenses should not total more than your net income.

Fixed expenses should not total more than your gross income.

Question

Donovan Michael

Mathematics

6 February, 11:35

Which statement must necessarily be true in order to avoid going into debt?

Fixed expenses must be more than discretionary spending.

Fixed expenses must be less than discretionary spending.

Fixed expenses should not total more than your net income.

Fixed expenses should not total more than your gross income.

+5

Answers (2)

Know the Answer?

Jaiden Marshall · Answer 1

Fixed expenses should not total more than your net income.

Step-by-step explanation:

This means that the fixed expenses should not be more than a person's salary

Jaelyn Dorsey · Answer 2

C is your answer