4TH QUARTER-2ND SUMMATIVE TEST IN TLE 6
Quiz by KELVIN MALLARI
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40 questions
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- Q1Which of the following best defines "needs"?Non-essential things that you desire but can live withoutNone of the AboveEssential things necessary for survival and well-beingImpulsive purchases or actions without considering long-term impact60s
- Q2Which of the following best defines "wants"?Non-essential things that you desire but can live withoutImpulsive purchases or actions without considering long-term impactAll of the AboveEssential things necessary for survival and well-being60s
- Q3What are some examples of needs?Luxury items, entertainment, travelFood, shelter, clothing, healthcareResisting impulsive purchases or actionsNone of the Above60s
- Q4What is the importance of assessing urgency?It helps in differentiating between needs and wantsIt identifies how quickly a requirement needs to be addressedIt determines the impact on overall well-beingNone of the Above60s
- Q5How should resources be allocated when prioritizing needs over wants?Fulfill wants before addressing needsAllocate resources randomly without considering prioritiesAllocate resources based on importance and urgencyAll of the above60s
- Q6Why is discipline and self-control important in prioritizing needs over wants?It helps in distinguishing between needs and wantsIt ensures fulfillment of long-term goalsIt involves resisting impulsive purchases or actionsNone of the Above60s
- Q7Maria has limited funds and needs to decide between buying a new dress or paying her utility bill. What should she prioritize?Buying a new dressPaying her utility billBuying both the dress and paying the utility billNone of the Above60s
- Q8Why is it important to create a budget or plan when prioritizing needs over wants?It reduces the impact on overall well-beingIt helps in assessing urgencyAll of the aboveIt ensures resources are allocated accordingly60s
- Q9Alex wants to go on a vacation but also needs to save for his education. How should he prioritize his resources?None of the AbovePostpone education and go on the vacationAllocate resources based on importance and urgencySpend all the money on the vacation60s
- Q10Analyze the consequences of not fulfilling your needs.It may affect your survival, well-being, and basic functioningIt has no impact on overall well-beingIt only affects your desires, not your needsNone of the Above60s
- Q11Compare and contrast needs and wants, highlighting their differences.Needs are essential for survival, while wants are non-essential desiresNeeds and wants are interchangeable termsAll of the aboveNeeds and wants have no distinction60s
- Q12Evaluate the impact of fulfilling needs before addressing wants.It ensures essential requirements are met before fulfilling desiresIt has no impact on overall well-beingIt helps in distinguishing between needs and wantsNone of the Above60s
- Q13Develop a step-by-step plan for prioritizing needs over wants.Assess urgency, fulfill wants first, allocate resources randomlyIdentify needs and wants, allocate resources based on importance and urgency, practice discipline and self-controlIgnore the distinction between needs and wants, allocate resources randomlyNone of the Above60s
- Q14Create a budget template that reflects the priorities of needs over wants.Allocate all resources towards fulfilling wantsDo not create a budget or plan, spend impulsivelyAll of the AboveAllocate resources based on importance and urgency60s
- Q15Combine the concepts of discipline, self-control, and delayed satisfaction to explain how to prioritize needs over wants effectively.Prioritize wants over needs to achieve long-term goalsPractice delaying satisfaction, align decisions with priorities, and resist impulsive actionsNone of the AboveImpulsively fulfill wants without considering long-term impact60s