Family Income and Financial Management

Family Income and Financial Management

Assessment

Interactive Video

Business

5th - 6th Grade

Hard

Created by

Patricia Brown

FREE Resource

The video tutorial, led by teacher James Christian Orbao, covers the topic of family income. It explains the various sources of family income, such as wages, profits, and pensions, and provides tips on how to spend income wisely. The video also includes an activity section with questions to reinforce learning. The importance of managing family income and setting aside savings for future needs is emphasized.

Read more

10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why is family income important?

To buy luxury goods

To sustain family growth and achieve goals

To pay taxes

To travel the world

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is a source of family income?

Wages or salary

Gifts from friends

Inheritance

Lottery winnings

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is considered a profit source for a family?

Gifts from relatives

Dividends from stocks

Wages from a job

Government grants

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How can a family member earn additional income through creativity?

By selling old items

By writing a book or composing a song

By doing household chores

By working overtime

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a wise spending tip mentioned in the video?

Buy fruits and vegetables in season

Avoid making shopping lists

Purchase items on impulse

Always buy the cheapest option

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why should you compare prices before buying?

To find the most expensive option

To get the best quality

To avoid paying more than necessary

To ensure you buy the latest products

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the purpose of the activity section in the video?

To test knowledge on family income

To provide a break from learning

To introduce new topics

To entertain the viewers

Create a free account and access millions of resources

Create resources

Host any resource

Get auto-graded reports

Google

Continue with Google

Email

Continue with Email

Classlink

Continue with Classlink

Clever

Continue with Clever

or continue with

Microsoft

Microsoft

Apple

Apple

Others

Others

By signing up, you agree to our Terms of Service & Privacy Policy

Already have an account?