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4TH QUARTER-2ND SUMMATIVE TEST IN TLE 6

Quiz by KELVIN MALLARI

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40 questions
Show answers
  • Q1
    Which of the following best defines "needs"?
    Non-essential things that you desire but can live without
    None of the Above
    Essential things necessary for survival and well-being
    Impulsive purchases or actions without considering long-term impact
    60s
  • Q2
    Which of the following best defines "wants"?
    Non-essential things that you desire but can live without
    Impulsive purchases or actions without considering long-term impact
    All of the Above
    Essential things necessary for survival and well-being
    60s
  • Q3
    What are some examples of needs?
    Luxury items, entertainment, travel
    Food, shelter, clothing, healthcare
    Resisting impulsive purchases or actions
    None of the Above
    60s
  • Q4
    What is the importance of assessing urgency?
    It helps in differentiating between needs and wants
    It identifies how quickly a requirement needs to be addressed
    It determines the impact on overall well-being
    None of the Above
    60s
  • Q5
    How should resources be allocated when prioritizing needs over wants?
    Fulfill wants before addressing needs
    Allocate resources randomly without considering priorities
    Allocate resources based on importance and urgency
    All of the above
    60s
  • Q6
    Why is discipline and self-control important in prioritizing needs over wants?
    It helps in distinguishing between needs and wants
    It ensures fulfillment of long-term goals
    It involves resisting impulsive purchases or actions
    None of the Above
    60s
  • Q7
    Maria has limited funds and needs to decide between buying a new dress or paying her utility bill. What should she prioritize?
    Buying a new dress
    Paying her utility bill
    Buying both the dress and paying the utility bill
    None of the Above
    60s
  • Q8
    Why is it important to create a budget or plan when prioritizing needs over wants?
    It reduces the impact on overall well-being
    It helps in assessing urgency
    All of the above
    It ensures resources are allocated accordingly
    60s
  • Q9
    Alex wants to go on a vacation but also needs to save for his education. How should he prioritize his resources?
    None of the Above
    Postpone education and go on the vacation
    Allocate resources based on importance and urgency
    Spend all the money on the vacation
    60s
  • Q10
    Analyze the consequences of not fulfilling your needs.
    It may affect your survival, well-being, and basic functioning
    It has no impact on overall well-being
    It only affects your desires, not your needs
    None of the Above
    60s
  • Q11
    Compare and contrast needs and wants, highlighting their differences.
    Needs are essential for survival, while wants are non-essential desires
    Needs and wants are interchangeable terms
    All of the above
    Needs and wants have no distinction
    60s
  • Q12
    Evaluate the impact of fulfilling needs before addressing wants.
    It ensures essential requirements are met before fulfilling desires
    It has no impact on overall well-being
    It helps in distinguishing between needs and wants
    None of the Above
    60s
  • Q13
    Develop a step-by-step plan for prioritizing needs over wants.
    Assess urgency, fulfill wants first, allocate resources randomly
    Identify needs and wants, allocate resources based on importance and urgency, practice discipline and self-control
    Ignore the distinction between needs and wants, allocate resources randomly
    None of the Above
    60s
  • Q14
    Create a budget template that reflects the priorities of needs over wants.
    Allocate all resources towards fulfilling wants
    Do not create a budget or plan, spend impulsively
    All of the Above
    Allocate resources based on importance and urgency
    60s
  • Q15
    Combine 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 goals
    Practice delaying satisfaction, align decisions with priorities, and resist impulsive actions
    None of the Above
    Impulsively fulfill wants without considering long-term impact
    60s

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