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T.L.E. 6 Test 1

Quiz by Janice C. Tutor

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5 questions
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  • Q1
    What do we call the allocation of budget for the family who attends personal events like birthdays, anniversaries and wedding.
    shelter
    social obligation
    clothing
    savings
    30s
  • Q2
    Transportation, water bills, electricity, insurances and house rentals are examples of what kind of expenses?
    irregular expenses
    fixed expenses
    family’s expenses
    flexible expenses
    30s
  • Q3
    It refers to the income of a retired member of the family.
    royalty and copyright
    pension
    commission
    wage or salary
    30s
  • Q4
    What do you call the money paid by the family for goods and services that they get?
    resources
    profit
    expenses
    income
    30s
  • Q5
    Which of the following is considered as the main resource of the family?
    lot
    money
    house
    car
    30s

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