4.10.A Distinguish fixed and variable expenses
Quiz by Grade 4 - Texas Education Agency
Grade 4
Math (Archived)
Texas Essential Knowledge and Skills (TEKS)
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- Q1Some 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 payment is not due every monthFixed expenses, because the car is usually paid for after one monthFixed expenses, because the amount is usually the same every monthVariable expenses, because the amount usually changes every month60s4.10.A: Personal Financial Literacy
- Q2Define the term 'fixed expenses'.Irregular expenses that change from week to week or month to monthThe amount of money in your bank accountThe amount of cash in your purse/walletCosts that do not fluctuate each month e.g. rent60s4.10.A: Personal Financial Literacy
- Q3What are 'variable expenses'?Irregular expenses that change from week to week or month to month.The amount of money in your bank accountThe amount of cash in your purse/walletCosts that do not fluctuate each month e.g. rent60s4.10.A: Personal Financial Literacy
- Q4Is a cell phone bill a fixed or variable expense?FixedNeitherBothVariable60s4.10.A: Personal Financial Literacy
- Q5After school snacks are a fixed expense?FalseTrue60s4.10.A: Personal Financial Literacy