1. A source of supply, support, or aid, especially one that can be readily drawn upon when
needed
A. Management B. Resources C. Salary D. Money
2. The wise use of means to accomplish or achieve one's purpose.
A. Energy B. Resources C. Time D. Management
3. An example of material resources is...
A. Energy B. Time C. House and Lot D. Talents
4. It is in the category of non-material resources. It is short and once lost, cannot be
regained
A. Energy B. Time C. Work D. Savings
5. It is a resource that comes from within the people. It includes skills, knowledge, talents,
etc.
A. Human resources B. Material resources C. Non-material resources D. Cultural resources
6. These are the things we do not really need but would like to have.
A Money B. Wants C. Needs D. Foods
7. These are the factors that need to be considered when budgeting, except for one. What
is it?
A Size of the family B. Family income C. Talents and abilities of each member D. Friends
8. These are the social obligations, needs, wherein a person is obligated to have or
perform to be part of a group.
A wants B. Needs C. Social needs D. Budget
9. Something that a person must have in order to live.
A Needs B. Wants C. Money D. Foods
10. It is a current medium of exchange in the form of coins and banknotes.
A Money B Income C Salary D. Cheque