Distinguish Fixed/Variable Expenses

Which of the following is not a fixed expense?

• Mortgage payment
• Water utility bill
• Movie ticket
• Food from grocery store

Which of the following is not a variable expense?

• Video bill
• Restaurant bill
• Electricity utility bill
• Arts and crafts supply costs

Which one of the following is a fixed expense?

• A candy bar each day
• A café cup of coffee each day
• A car payment each month
• A cable movie each month

Tags

TEKS 4.10A

Which one of the following is a variable expense?

• A mortgage payment each month
• An electrical payment each month
• A water bill each month
• A gym membership each month

Tags

TEKS 4.10A

Which one of the following is not a variable expense?

• Money for lunch
• Money for after school snacks
• Money from doing chores
• Money for entertainment

Tags

TEKS 4.10A

Which one of the following is not a fixed expense?

• Toys
• Clothes
• Food
• Shampoo

Tags

TEKS 4.10A

What are bills called that are the same amount every month, such as apartment rent or car payments?

• Fixed expenses
• Variable expenses
• Emergency expenses
• Rainy day expenses

Tags

TEKS 4.10A

What are expenses called that may change from month to month, such as an amount spent on clothing or entertainment?

• Fixed expenses
• Variable expenses
• Emergency expenses
• Rainy day expenses

Tags

TEKS 4.10A