Fixed Vs. Variable Expense Quiz

6 Questions | Total Attempts: 349

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Fixed Vs. Variable Expense Quiz

Hmmm! Which one is right?


Questions and Answers
  • 1. 
    Essential expenses are MUST-HAVE expenses which are not optional.
    • A. 

      True

    • B. 

      False

  • 2. 
    Paying your car's monthly payments is an example of NON-ESSENTIAL expense.
    • A. 

      True

    • B. 

      False

  • 3. 
    What does fixed expense mean?
  • 4. 
    Select all of the fixed expenses...
    • A. 

      Car payment

    • B. 

      Gas Bill

    • C. 

      Student Loan

    • D. 

      Mortgage

    • E. 

      Rent

    • F. 

      Groceries

    • G. 

      Eating out

  • 5. 
    What does variable expense mean?
  • 6. 
    Select all of the variable expenses...
    • A. 

      Car payment

    • B. 

      Gas Bill

    • C. 

      Student Loan

    • D. 

      Mortgage

    • E. 

      Rent

    • F. 

      Groceries

    • G. 

      Eating out

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