Fixed and Variable Expenses

Flashcard
•
Mathematics
•
4th Grade
•
Hard
Standards-aligned
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15 questions
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1.
FLASHCARD QUESTION
Front
What are fixed expenses?
Back
Expenses that stay the same from week to week or month to month.
2.
FLASHCARD QUESTION
Front
What is an example of a fixed expense?
Back
A loan payment.
3.
FLASHCARD QUESTION
Front
What are variable expenses?
Back
Irregular expenses that change from week to week or month to month.
4.
FLASHCARD QUESTION
Front
What is an example of a variable expense?
Back
The cost of food.
5.
FLASHCARD QUESTION
Front
Is rent for a shop a fixed or variable expense?
Back
Fixed expense.
6.
FLASHCARD QUESTION
Front
How do fixed expenses affect budgeting?
Back
They provide a predictable cost that must be covered each month.
7.
FLASHCARD QUESTION
Front
How do variable expenses affect budgeting?
Back
They can fluctuate, making budgeting more challenging.
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