• 1

• 2

Which of the following is NOT a variable expense?

​ ​ (a)  

• Cable Payment
• clothes purchases
• car repairs
• Gas for Car

• 1
• 2

Making rent payments is a ​ (a)   expense because the amount ​ (b)   each month.

• fixed
• stays the same
• variable
• changes

• 1

Paying for entertainment, such as movie tickets, is an example of ​ (a)   expenses because the amount paid ​ (b)   every month.

• variable
• changes
• fixed
• stays the same

• 1

• 2

Which of the following is NOT a fixed expense?

• House payment

• Car Payment

• Rent Payment

• Electric Bill

True or False

The amount paid for health insurance is a fixed expense because it stays the same each month.

​ (a)  

• True
• False

True or False

Treating yourself to a Starbucks drink from time to time is an example of a fixed expense.

• True

• False