Home Economics Quiz

What term do we use to describe the ideas or qualities that a person or a family possesses?

• goals

• resources

• values

• decisions

Mr. and Mrs. Antonio save money to buy a new house. They want a bigger one because their children grow older. What kind of resources do they need to meet the needs of their family?

• human resources

• non-human resources

• natural resources

• intangible resources

Needs are defined as the things we need to live. Without these, we will not survive. Which of the given choices are examples of needs?

• food, clothing and car

• food, gadgets and watch

• food, clothing and shelter

• food, clothing and jewelries

Which of the following resources are considered the most used by the family?

• time, energy, and money

• skills, attitude, and knowledge

• recreational center and transport facilities

• water, electricity, and hospitals

Family Bueno has a monthly budget of PhP 30, 000. How much is allotted for savings if they set aside 15% of their monthly budget?

• PhP 4, 000

• PhP 4, 500

• PhP 4, 005

• PhP 5, 400

How are family resources differing from family income?

• Family resources refer to the wise use of money while family income is tangible resources found in the nature.

• Family resources refer to the food we provide for the family while family income is the money, we use in buying the food.

• Family resources refer to tangible or intangible things that a family uses to support a family's needs while family income is the total amount of money earned by each member of the family.

• All of the above.

Mr. Espejo has an income of PhP 10, 000 per month allocated budget for his family's needs. How much is allotted for their food if it is 30% of their monthly budget?

• PhP 300.00

• PhP 3, 300.00

• PhP 3, 000.00

• PhP 3, 033.00

This refers to putting action on what has been planned organized carried out by the family member who's doing the activity.

• Planning

• Organizing

• Evaluating

• Implementing

Mr. Mangindo has an income of ₱ 20, 000.00 per month allocated budget for his family needs. How much is allotted to Medical and Dental Savings for Emergency if it is 5% of their monthly budget?

• Php 500.00

• Php 1,000.00

• Php 1,500.00

• Php 2,000.00

These are things that each family member desires to make their life comfortable. It may be the desire of having a car, gadgets etc. It is something that the family have or do not have but continue to live.

• Wants

• Needs

• Values

• Objective