HE 6 - Week 1 Quiz

What do you call the resources like effort, skills, strength and abilities?

• human resources

• material resources

• non-material resources

• resources

These are the tangible assets such as house and lot, furniture and appliances, jewelry, automobiles and cash.

• Human resources

• Material resources

• Non-material resources

• Resources

It refers to time, health, and your experience needed in accomplishing your task.

• Human resources

• Material resources

• Non-material resources

• None

What component of the family budget gets the biggest share?

• Education

• Food

• Shelter

• Utilities

It is a list of items that one plans to spend in a given time, given income or amount.

• Budget

• Expenses

• Income

• Wants

This is paid on a monthly basis. It includes electricity, water, telephone, and home cable.

• Food

• Household operations

• Medical and Dental care

• Utilities

This refers to activities that provide relaxation and entertainment for the family.

• Clothing

• Education

• Rest and recreation

• Shelter

This is a separate amount of money that is set aside for emergency purposes or something to be bought in the future.

• Education

• Food

• Savings

• Shelter

It is the income of a retired member of the family.

• Commission and Bonus

• Least of Property

• Pension

• Royalty and Copyright

Mother will buy food in the market. She did not make a list of all the things needed

• True

• False