(SECOND QUARTER)
S.Y 2020 2021
NAME
DATE:
Read and understand each sentence. Choose the correct answer
1. Lydia 12 years old studying in a Public School. Before the end of the day, she usually checks and
assess herself of the things she did. What value she displayed as a responsible kid?
a knows how planning is done
c knows how to organize
b. knows how to evaluate
d. knows how to implement
2. These are tangible assets such as house and lot, furniture and appliances, jewelry, automobiles and
cash are referred to as
a. human resources
c. material resources
b. non-material resources
d. all of these
3. These are luxuries, advantages and desires that every individual considers beyond necessity.
a. wants
b. desires
c. requirements
d. expenses
4. How will you describe a person who believes that in whatever he does, he can do well?
a confident in himself
c. persistent
b.goal setter
d. persuasive
5. The effective use of human and nonhuman resources to attain family goals for better and quality life is
known as
a. home management
c. family income
b. planning
d. budgeting
6. Mr. Santos wakes up early, does his moming routine, exercises and drinks his vitamins. He goes
early to work and never forgets to drop off to supermarket to buy goddess for his kids. He tries to...
a strengthen his energy
c. better his attitude
b. develop his knowledge
d. hone his skills and interest
7. Refers to those fundamental requirements that serve as the foundation for survival.
a. basic needs
C. wants
b. demands
d market demand
8. Jerome was always asked by his parents to do an errand because he immediately do it and he does it
properly. He is good in
a. planning
b. implementing
c.evaluating
d. dividing
9. The most important skills in managing financial resources through logical allocations of funds for
expenses and savings.
a. budgeting
b. basic needs
c. allowance
d expense
10. Those things that we would like to have but these are extra things that can wait
a expenses
b. wants
c demands
d. savings​