TEKS.MATH.4.10A

A cellphone bill is a 

• variable expense 
• fixed expense 

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TEKS.MATH.4.10A

Basketball tickets are a

• variable expense
• fixed expense 

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TEKS.MATH.4.10A

Which of the following is an example of a variable expense?

• Groceries
• Going to the movies
• Rent

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TEKS.MATH.4.10A

Some people borrow money to buy cars. They have to make car payments to pay back the money they borrowed. What kind of expenses are most car payments?

• Variable expenses, because the amount usually changes every month

• Variable expenses, because the payment is not due every month

• Fixed expenses, because the amount is usually the same every month

• Fixed expenses, because the car is usually paid for after one month

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TEKS.MATH.4.10A

Expenses that occur on a regular basis.

• variable expenses

• fixed expenses

• expense

• financial institution

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TEKS.MATH.4.10A

Expenses that do not occur on a regular basis

• fixed expenses

• variable expenses

• expences

• financial institution

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TEKS.MATH.4.10A

TRUE OR FALSE:

Fixed expenses are expenses that stay the same each month.

• TRUE

• FALSE

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TEKS.MATH.4.10A

TRUE or FALSE:

Variable expenses change and vary each month.

• TRUE

• FALSE

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TEKS.MATH.4.10A

Which expenses were fixed expenses during these three months?

• Groceries, gasoline, and utilities only

• Rent and Car Payment only

• All of the expenses

• None of the expenses

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TEKS.MATH.4.10A

The table shows the amounts Sheldon and Jenna paid for electricity in their apartments each month for the last six months.

Based on the table, which statement is true about the amounts Sheldon and Jenna paid for electricity during these six months?

• Only Sheldon’s electricity expense was a fixed expense.

• Only Jenna’s electricity expense was a fixed expense.

• Both Sheldon’s electricity expense and Jenna’s electricity expense were variable expenses.

• Both Sheldon’s electricity expense and Jenna’s electricity expense were fixed expenses.

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TEKS.MATH.4.10A