What are fixed expenses quizlet?

Fixed Expense. Expense that stays the same from month to month. Variable Expense. Expense that changes from month to month.

What is a fixed expense Everfi quizlet?

fixed expenses. an expense that occurs regularly. This amount typically does not change from month-to-month.

What are fixed expenses?

Fixed expenses: These are costs that largely remain constant, such as your monthly rent. Variable expenses: These are costs that vary or are unpredictable, such as dining out or car repairs.

What is an example of a fixed expense quizlet?

A fixed variable expense is a cost that you pay every month, but the amount can change from month to month. (A good example of this is your electric bill. Meanwhile, you always need to pay your electric, water, or any other utility bill, making it a fixed cost – a staple in your budget.)

What is the best definition of a fixed expense quizlet?

Fixed Expense. Expense that stays the SAME from month to month.

Which of these would be a fixed expense?

Fixed expenses or costs are those that do not fluctuate with changes in production level or sales volume. They include such expenses as rent, insurance, dues and subscriptions, equipment leases, payments on loans, depreciation, management salaries, and advertising.

What is a fixed expense Everfi answers?

Fixed Expense. An expense that typically does not change month to month. Take Home Pay. The amount left over from your monthly paycheck after deductions. Federal Taxes.

Which of the following is a fixed expense?

Common examples of fixed costs include rental lease or mortgage payments, salaries, insurance payments, property taxes, interest expenses, depreciation, and some utilities.

What is a fixed expense give an example?

Is gas a fixed expense?

Utilities– the cost of electricity, gas, phones, trash and sewer services, etc. However, utilities are generally considered fixed costs, since the company must pay a minimum amount regardless of its output.

Which of these is an example of fixed expense?

Common examples of fixed costs include rental lease or mortgage payments, salaries, insurance, property taxes, interest expenses, depreciation, and potentially some utilities.

Which of the following is an example of a fixed expense?

What are some of the different types of variable expenses?

Variable Expense Expense that changes from month to month Rent/Mortgage Fixed Phone Fixed Utilities Varibale/Fixed YMCA Membership Fixed Netflix Subscription Fixed Car Payment Fixed Cable Internet Fixed Loan Payments Fixed Clothes Variable Groceries Variable Eating Out Variable Gas Variable Personal Care Products Variable Haircuts Variable

What are fixed and intermittent expenses?

Fixed expenses. Expenses that remain the same from month to month(rent, cable bill, car payment) Intermittent expenses. Expenses that occur at various times throughout the year and tend to be in large amounts(tuition payment, car repairs)

What expenses are considered expenses?

Expenses that remain the same from month to month(rent, cable bill, car payment) Intermittent expenses Expenses that occur at various times throughout the year and tend to be in large amounts(tuition payment, car repairs) Discretionary (non-essential) expenses Expenses for things we don’t need (eating out, gifts, snacks)