1) Fixed expenses a) Change from month to month b) Cost the same each month 2) Variable expenses a) Change from month to month b) Cost the same each month 3) Which of the expenses is variable? a) School lunch expenses b) Book fair expenses 4) Which of these expenses are fixed? Select TWO correct answers. a) Rent b) Water c) Electricity d) Cable TV 5) Which of these expenses are variable? Select ALL correct answers. a) Rent b) Car payment c) Groceries d) Gasoline e) Utilities 6) Which statement is true? a) Sheldon's electricity expenses are variable b) Jenna's electricity expenses are fixed c) Sheldon's electricity expenses are fixed 7) Which of these expenses are fixed? Select ALL correct answers. a) Water Service b) Car Insurance c) Disney Plus d) Groceries e) Lawn Care 8) Which statement is true? a) Rent and electricity are fixed expenses b) Water and cable TV are variable expenses c) Rent and cable TV are fixed expenses

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