7
AssignmentMultiple Choice

Creating a Personal Budget

Question 7 • EA Academy Civics 9

The Porters’ food, clothing, and medical expenses are not fixed expenses. What do these expenses have in common?

Answer
A
They are expected to change from month to month.
B
They are expected to stay the same every month.
C
They are the three highest expenses every month.
D
They do not need to be included in the budget.

Explanation

Food, clothing, and medical costs are variable expenses rather than fixed expenses. Their amounts can differ from one month to the next, so they are expected to change from month to month. They should still be included in a budget.

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