FAMILY RESOURCE MANAGEMENT

Which of the following component of family budget involves tuition fees, books, transportation allowance of children in going to school?

• Cloth

• Education

• Food

• Shelter

What do you call the needs for belongingness, love, affection as well as for relationships with family and friends and companionship?

• Basic need

• Emotional needs

• Physical needs

• Social needs

A component of family budget involves the things needed in the house such as beddings, curtains, furniture, and other paraphernalia to make members comfortable.

• Education

• Food

• Household operations

• Shelter

Which of the following is NOT part of family budget for the household utilities?

• Electric bill

• Food

• Telephone bill

• Water bill

Which of the following is the wise spending of our family income?

• Buy things that are not needed.

• Purchased in a store offering expensive products.

• Do not compare the prices of the products to be bought.

• Make a list of all the things needed at home and their specification.

Which of the following needs allocate the greatest percentage in family budget?

• Cloth

• Education

• Food

• Shelter

What do you call the intangible resources which time, health, and experience belong without its family members will be unable to perform their duties and responsibilities at home?

• Clothing

• Human Resources

• Material Resources

• Non-material resources

Which of the following is NOT considered as basic human needs?

• Cellphone

• Clothing

• Food

• Shelter

It is non-material resources which considered important. This is used to start and finish the work in a short or long period.

• Experience

• Health

• Interest

• Time

What kind of family resources which refers to tangible assets such as things example house and lot, furniture and appliances, jewelry?

• Human resources

• Material resources

• Non-material resources

• Skills