TLE 6 Allocation of Family Income and Budget

TLE 6 Allocation of Family Income and Budget

6th Grade

20 Qs

quiz-placeholder

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TLE 6 Allocation of Family Income and Budget

TLE 6 Allocation of Family Income and Budget

Assessment

Quiz

Business

6th Grade

Easy

Created by

Jefferson Rabelas

Used 400+ times

FREE Resource

20 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Management of income and expenses that affects the family

Family Feud

Family Finance

Family Planning

Family Assets

2.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Monetary payment received by family members for goods and services offered.

income

expenses

assets

liabilities

3.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Refers to the money paid by the family for goods and services that it gets.

income

expenses

assets

liabilities

4.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

This gets the biggest share in the allocation

of your family income.

utilities

shelter

food

savings

5.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

These are paid on a monthly basis such

as electricity, water, telephone, and internet bills.

utilities

shelter

household operations

savings

6.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Families renting a house or apartment should have a fixed monthly budget for mortgage.

utilities

shelter

food

savings

7.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

This includes expenses for allowance,

tuition fees, uniforms, books, and school

supplies

utilities

household operation

education

savings

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