Practice Family Resource Management Practical Work - 7.2.3 | 7. Practical Work | ICSE 11 Home Science
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Family Resource Management Practical Work

7.2.3 - Family Resource Management Practical Work

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Practice Questions

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Question 1 Easy

What is the first step in creating a budget?

💡 Hint: Think about how you receive money.

Question 2 Easy

Name two categories of expenses.

💡 Hint: Consider what you pay for monthly.

4 more questions available

Interactive Quizzes

Quick quizzes to reinforce your learning

Question 1

What is budgeting primarily used for?

Tracking income
Identifying expenses
Both tracking income and identifying expenses

💡 Hint: Think about what information budgeting provides.

Question 2

True or False: Effective time management can lead to reduced stress.

True
False

💡 Hint: How does organization impact your day?

1 more question available

Challenge Problems

Push your limits with advanced challenges

Challenge 1 Hard

A family finds their monthly expenses exceed their income by $200. Propose a detailed plan for them to adjust their budget.

💡 Hint: Where could cuts be made in your spending?

Challenge 2 Hard

Evaluate the time management strategies of a family who feels overwhelmed with activities and chores. Suggest a practical solution.

💡 Hint: How can scheduling improve your day?

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