1. Which is NOT a helpful tip in managing resources effectively? *
1 point
a. Use energy and time properly.
b. Know how to budget money.
c. Always order food from grab.
d. Know how to use and take care of gadgets and appliances.
2. These are tangible things and elements which are available to the family. *
1 point
a. Human resources
b. Material resources
c. Non-material resources
d. Natural resources
3. Refers to family members and what each one possesses. *
1 point
a. Human resources
b. Non-material resources
c. Material resources
d. Natural resources
4. This is the combined money earned by the father and the mother (if she is working), and other working members of the family. *
1 point
a. Annual income
b. Family income
c. Personal income
d. Daily income
5. The Following are some tips in wise spending of income EXCEPT? *
1 point
a. Buy fruits and vegetables in season.
b. Know the substitute ingredients for expensive items.
c. Be familiar with the stores offering lowest prices.
d. Buy all the things you want
6. Landig Family has a fruit stand business. What source of family income do they have? *
1 point
a. Profit
b. Pension
c. Bonus
d. Commission
7. Mario opens his vulcanizing shop from 7 in the morning until 5 in the afternoon. What source of family income do he has? *
1 point
a. Profit
b. Fees from service
c. Salaries
d. Pension
8. The following are human resource EXCEPT one? *
1 point
a. Intelligence
b. Skills
c. Strength
d. Health
9. Money earned from selling real estate, insurance educational plans etc. *
1 point
a. Salaries
b. Commission
c. Bonus
d. Pension
10. Which of the following is NOT a material resource? *
1 point
a. Jewelry
b. Time
c. Money
d. House and Lot
11. It is vital to life, humans, plants and animals and to all living things for them to live. *
1 point
a. Energy
b. Shelter
c. Education
d. Water
12. This is met by forging relationships with other people such as acceptance, appreciation, belonging and companionship. *
1 point
a. Basic needs
b. Love
c. Social needs
d. Relationship
13. It is in the category of non-material resources. This must be valued and used wisely. It is short and lost, cannot be regained. *
1 point
a. Energy
b. Savings
c. Time
d. Work
14. House and lot, furniture, appliances, jewelry and money are examples of. *
1 point
a. Human resources
b. Non-materials resources
c. Materials resources
d. Non-human resources
15.It is where the needle/s keep before and after use. *
1 point
a. Thread
b. Pin Cushion
c. Thimble
d. Shears​