Questions


November 2022 1 2 Report
_____ 1. How much of the budget was allocated for education?

A. Php. 3,000.00

C. Php. 15,500.00

B. Php. 12,500.00

D. Php. 20,000.00
2. How many percent were allotted for family’s recreation? A.2% B. 3% C. 5% D. 10% _____ 3. Household operations were given 6% budget allocation, how much money was allocated for it? A. Php. 2,000.00 C. Php. 3,000.00 B. Php. 2,500.00 D. Php. 5,000.00 _____ 4. How many percent were allotted for the family's savings? A. 2% B. 3% C. 5% D. 10% _____ 5. How much is the Family’s monthly budget? A. Php. 25,000.00 C. Php. 40,000.00 B. Php. 30,000.00 D. Php. 50,000.00 _____ 6. Groceries, raw and cooked food, staples, condiments, and spices are what component of a family's budget allocation? A. Clothing B. Education C. Food D. Shelter _____ 7. Paying electric, water and telephone bills, gas, salaries of helpers. A. Education B. Health C. House Operation D. Utilities _____ 8. Things needed in the house such as beddings, curtains, furniture and other paraphernalia to make members comfortable A. Clothing C. Recreation B. Household Operations D. Shelter _____ 9. It is the amount of money set aside for planned expenses. A. Amount Income C. Salary B. Budget D. Savings _____ 10. Which of the following is the first rule for making a good plan in allocating a budget for your family? A. Household income must be greater than household expenses. B. Household income must be lesser than household expenses. C. Household income must be equal to household expenses. D. Household expenses must be doubled of your household income.




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