Management of income and expenses that affects the family
TLE 6 Allocation of Family Income and Budget

Quiz
•
Business
•
6th Grade
•
Easy
Jefferson Rabelas
Used 400+ times
FREE Resource
20 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
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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