1. Which best define the family resources * 1 point A. Those that family possesee and uses in home-making activities to achieve family goals B. Those that the family considered in effective management C. Those that family designed to simplify work D. Those that family inherent or acquired. 2. These are the things required by people to be able to survive. * 1 point A. Basic needs B. Resources C. Wants D. Social Needs 3. A person who can contribute their time, effort skills, strength, and expertise is considered part of the family's_________ * 1 point A. Family Resources B. Human Resources C. Material Resources D. Non- Material Resources
This is a required question 4. Groceries, raw, cooked food ,staples, condiments and spices are what component of the family's budget? * 1 point A. Food B. Clothing C. Shelter D. Education 5. Tangible assets such as house and lot, car appliances, jewelries. cash are_______ * 1 point A. Human Resources B. Natural Resources C. Material Resources D. Non-Material Resources 6. It is a process on how to allocate and balancing one's income or resources * 1 point A. Marketing B. Budgeting C. Travelling D. Surviving 7. The amount of money deposited in the bank is ____ * 1 point A. budget B. expenses C. utilities D. savings 8. It is an example of non-material resources * 1 point A. Furniture B. Jewelries C. Time D. Talents 9. It is one of thw steps in effective home management * 1 point A. Cooking B. Sweeping C. Budgetting D. Planning 10. The factors to consider in making family budget are * 1 point A. family size and composition B. Family values C. Family's needs and wants D. All of the above 11. Some Families may spend more on food, others on clothing, others on education. This means that the____ of the family influence its priorities. * 1 point A. health B. values C. wants D. shelter 12. Things needed in the house like beddings, curtains, furniture, and other paraphernalia to make family members comfortable is what components in a family budget? * 1 point A. shelter B. Household operations C. Recreation D. Utilities 13. Which of the following has the highest allocation in a family budget? * 1 point A. Food B. Education C. Savings D. Shelter 14. Skills in acting is what type of family resources * 1 point A. Human Resources B. Material Resources C. Non-Material Resources D. Non of the above 15. The following are list of resources. Which is not a non-material resources? * 1 point A. money B. experience C. health D. time
This is a required question 16. What is a family income? * 1 point A. Money income received over a certain period of time B. Money that an individual receives in exchange for providing goods or services C. Those that the family considered in effective management D. Total income earned by all the members of the household 17. Which of the is real income? * 1 point A. Salary B. Bonuses C. inherited land D. Pension 18. Which is classified as enjoyment income? * 1 point A. Farm, garden B. Trip to Boracay, and free dinner C. dividends and profits D. Salary and Wages
This is a required question 19. The other term for psychic income is ______ * 1 point A. Real income B. Money income C. Monthly income D. Enjoyment income 20. How can you help your family in wise spending your family budget? * 1 point A. Make a list of all the thins needed at home before going to a store B. Buy first the things you wanted like "sitsirya" before buying things needed C. Don't mind the qualities of the things you buy D. Go to the store that offers cheap merchandize but have low quality 21. The types of family income are * 1 point A. Money income B. Real income C. Psychic income D. All of the above 22. The amount of money set aside for planned expenses is _____ * 1 point A. Budget B. Health C. Recreation D. Education 23. It refers to family outings, outside dining, watching movies. * 1 point A. Savings B. Recreation C. Budgetting D. Healtth 24. Which of the following is an occasional expenses? * 1 point A. water bills B. Electric bills C. telephone bills D. Birthday celebration 25. Expenses that do not change over time is _____ * 1 point A. Fixed expenses B. Flexible expenses C. Occasional/emergency expenses D. None of the above
