1st Periodical Test in TLE 6 (H.E.)
Quiz by Maria Linda Muli
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- Q1
It is a part of family life that is all about managing the family resources so that the needs and wants of each family member is met and satisfied.
Home Development
Home Duties
Home Management
Home Economics
30s - Q2
It is anything that is either tangible or intangible that helps provide for theneeds of its members.
Family Reunion
Family Resources
Family Affair
Family Problems
30s - Q3
These are family’s basic needs except___________.
shelter
clothing
recreation
education
30s - Q4
These are the following types of family resources except __________.
Material resources
Non-material resources
Natural resources
Human resources
30s - Q5
This pertains to the money that an individual or business receives in exchange forproviding goods or services.
Profits
Expenses
Income
Benefits
30s - Q6
This is also called as “enjoyment income”
Real income
Property income
Money income
Psychic income
30s - Q7
Money income may be in a form of _________________.
Wages and salary
Community facilities
inherited land/property
Food
30s - Q8
This is the cash that a government or private employee receives either semi-monthly or monthly.
salary
dividends
rental
pension
30s - Q9
It is the amount of money one sets aside for planned expenses.
Expenses
Needs
Budget
Resources
30s - Q10
A family’s budget is allocated with respect to these 2 basic needs:
basic and social needs
recreation and leisure needs
savings and investment needs
pension and dividend needs
30s - Q11
Which is one of the components of a family budget?
transportation
jewelries
pension
health
30s - Q12
This serves a guide on the wise use of family resources.
Spending
Saving
Income
Budgeting
30s - Q13
This is one of the components of family budget that usually allocates highest amount of money for the family.
Household operations
Food
Clothing
Utilities
30s - Q14
These are the factors that could affect managing family resources except____________.
Being well-known of the family
Size/composition of thefamily
Value of the family
Amount of income
30s - Q15
This is the best statement about managing the family’s resources.
Spend on unexpected expenses.
Teach the children spend their allowances wisely.
Avoid buying things that are needs.
Buy products that are not so good quality.
30s