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Final Exam (2A & 2B)

Total questions: 32

Worksheet time: 35mins

Name
Class
Date
1.

What is financial literacy?

a)

The process of consuming nutrients

b)

The ability to manage money effectively

c)

A method of creating spending habits

d)

The process of determining creditworthiness

2.

Which of the following is a factor affecting financial literacy?

a)

Physical fitness

b)

Gender

c)

Dietary habits

d)

Cultural background

3.

What is the first step in budgeting?

a)

Spending money on necessities

b)

Determining income and expenses

c)

Saving for the future

d)

Investing in stocks

4.

What percentage of adult Filipinos are knowledgeable about financial concepts according to the World Bank?

a)

50%

b)

10%

c)

25%

d)

75%

5.

Which type of savings is meant for emergency use?

a)

Long-term savings

b)

Goal savings

c)

Spending savings

d)

Emergency savings

6.

What is a characteristic of commercial banks?

a)

They focus on corporate mergers.

b)

They provide insurance products.

c)

They accept public deposits and give loans.

d)

They sell investment bonds directly.

7.

Which financial instrument is an example of revolving credit?

a)

Mortgage

b)

Visa credit card

c)

American Express charge card

d)

Monthly utility bills

8.

What type of nutrition involves organisms synthesizing their food?

a)

Heterotrophic

b)

Autotrophic

c)

Photosynthesis

d)

Assimilation

9.

Which of the following is considered a “Go” food?

a)

Fish

b)

Rice

c)

Apples

d)

Cheese

10.

What is the recommended daily calcium intake for healthy bones?

a)

500 milligrams

b)

1,200 milligrams

c)

800 milligrams

d)

2,000 milligrams

11.

Which is an example of simple carbohydrates?

a)

Sweet potatoes

b)

Table sugar

c)

Whole grains

d)

Dairy products

12.

What is the primary role of fiber in the diet?

a)

Build muscles

b)

Improve brain function

c)

Maintain digestive system health

d)

Enhance blood circulation

13.

Which vitamin is essential for healthy skin?

a)

Vitamin A

b)

Vitamin B

c)

Vitamin C

d)

Vitamin D

14.

What factor is NOT considered to influence food selection?

a)

Sensory criteria

b)

Cultural influences

c)

Nutritional content

d)

Income tax rate

15.

What is an example of a processed food?

a)

Fresh apple

b)

Whole grain bread

c)

Raw spinach

d)

Fresh milk

16.

Which is NOT a dietary guideline for good nutrition?

a)

Eat a variety of foods

b)

Avoid too much sodium

c)

Skip meals to reduce calories

d)

Choose whole grains daily

17.

What taste is influenced by the temperature of food?

a)

Sweet

b)

Sour

c)

Salty

d)

All of the above

18.

What type of credit must be paid in full each month?

a)

Revolving credit

b)

Charge card

c)

Installment credit

d)

Non-installment credit

19.

Which is NOT an example of a financial institution?

a)

Insurance company

b)

Brokerage firm

c)

Grocery store

d)

Commercial bank

20.

What is the key benefit of being financially literate?

a)

Making impulsive purchases

b)

Knowing how to manage money

c)

Accumulating debts

d)

Avoiding all forms of credit

21.

Budgeting helps you determine whether you have enough money for your needs.

a)

True

b)

False

22.

Revolving credit must be paid in full every month.

a)

True

b)

False

23.

Gender plays no role in financial literacy.

a)

True

b)

False

24.

Emergency savings are used for planned vacations.

a)

True

b)

False

25.

Financial literacy only applies to individuals and not businesses.

a)

True

b)

False

26.

Carbohydrates are one of the seven essential nutrients.

a)

True

b)

False

27.

Dietary fiber helps maintain a healthy digestive system.

a)

True

b)

False

28.

Processed food is always unhealthy.

a)

True

b)

False

29.

Physical activity is essential for health and wellness.

a)

True

b)

False

30.

Good nutrition requires avoiding all types of fats.

a)

True

b)

False

31.

How does financial literacy contribute to achieving personal and professional goals? (10pts)

4 lines
32.

Explain the importance of balanced nutrition in maintaining physical and mental well-being. (10pts)

4 lines