Quiz in HELE 6 Lesson 2

Which of the following gets the biggest share in the allocation of family budget?

• Utilities

• Food

• Education

• Clothing

It is the money that is set aside for emergency purposes or allotted for the future.

• Income

• Expenses

• Savings

• Profit

Which of the following shows efficient management of family resources?

• Using credit card.

• Frequent shopping

• Buying items that are not in the shopping list

• Make a final decision on what to prioritize.

Which of the following is an example of flexible expenses?

• Water and electricity bills

• loans

• Medical and dental services

• House rental

It is the money paid by the family for the goods and services that it gets.

• Income

• Expenses

• Savings

• Profit