Question

True
Grade & Section
Teacher
Direction: Write TRUE if the statement is correct and FALSE if it is wrong Wite your answer on
the space provided before each number
1) Family resources include things that the members of the family may
possess
2) Every member of the family is not considered an important human
resource
3. One important consideration in making a list of expenditures is to know
your priorities
4. In family budgeting, we must prioritize our wants and not needs
5. Using family resources extravagantly will help attain goals for a better
home life
Direction: Choose and underline your answer from the words inside the parenthesis to complete
the sentence / thought.
6.(Human resource, Material resource) is a tangible asset such as house & lot, furniture and
appliances, etc
7 Every able-bodied member of the family is considered as an important (human,
material) resource
8 (Income, Wage) is money that an individual or business receives in exchange for
providing goods or services
9 A (budget, budgeting) is the amount of money set aside for planned expenses
10. (Pension, Dividend) is a money received by retired persons, old age widow and
other pensioners
Enumeration: List down the sources of family income
11
12
13
14
15​

Answer 1

Explanation:

1 is true

2 is false

3 true

4 true

5 true

6 material res.

7 human

8 wage

9 budget

10 pension