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Subjects
Class 11Home ScienceWork, Livelihood and CareerTraditional occupations in India - HandicraftsHardLevel 12

If cash sales are high in handicrafts but savings are low, which management tool will be most useful?

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Answer and explanation

Correct answer: Income-expense and cash flow records

Savings need records of both expenses and income. In exams, link cash flow with savings.

Tags

handicraftscash-flowbookkeepingsavings

Frequently asked questions

What is the correct answer to this question?

Income-expense and cash flow records

Why is this the correct answer?

Savings need records of both expenses and income. In exams, link cash flow with savings.

Which subject and chapter does this question cover?

This is a Class 11 Home Science question. Chapter: Work, Livelihood and Career. Topic: Traditional occupations in India - Handicrafts.

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10 more MCQs
  1. 1What is the simplest meaning of handicraft?
  2. 2Why are handicrafts considered a traditional occupation in India?
  3. 3Making clay pots is an example of which traditional occupation?
  4. 4What is the main asset of an artisan in handicrafts?
  5. 5Why is use of local material important in handicraft products?
  6. 6Wood carving is related to which work?
  7. 7What mainly affects the beauty of a handicraft product?
  8. 8A handmade basket can commonly be made from which material?
  9. 9What is the main benefit of training in handicrafts?
  10. 10How can family participation be seen in a handicraft occupation?
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