Which among the following are the advantages of planning family budget?
A. Planning enables a family to take an overview of the use of their income
B. Amounts allocated to various categories can be studied in relation to total income
C. The planning helps families to use their income to first attain those goals which they consider most important
D. All of the above
Answer: Option D
This Question Belongs to Home Science >> Resource Management And Consumer Issues
Which of the following statement(s) is/are correct about management?
A. Management is a universal phenomena
B. It is an umbrella term under which individual work together to achieve a common goal
C. It is an art and as well as science
D. All of the above
The term 'management' is coined from the . . . . . . . . word 'menage'.
A. Greek
B. French
C. Latin
D. Spanish
A. K. Kautilya
B. Rose, Randle Knoll
C. Gross and Crandal
D. Nickell and Dorsey
The primary goal of money management is
A. to maximise the return
B. to minimise the risk
C. to maximise the wealth of owners
D. to maximise profit
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