2. In family budgeting, which of the following is your priority?
A. desires
B. needs
C. wants
D. wishes
3. Which of the following is simply defined as "a plan where the family income is
divided into different expenditures?
A. budget
B. debt
C. expenditures D. savings
4. Which of the following is NOT a social need of a family?
A. acceptance B. appreciation C. bullying
D. sense of belonging
5. Mrs. Bueno considers the following as needs of her family during the Covid-19
pandemic. Which one is considered as wants only?
A. alcohol
C. face mask D. magazines
B. soap
6. Utilities is one of the components or elements of a family budget. Which group of
terms best describes utilities?
A. clothes and uniforms
B. family outings and watching movies
C. electric and telephone bills D. groceries and raw and cooked food
7. In what situation can you help your family save resources?
A. Spend their allowance wisely. B. Turn off appliances when not in use.
C. Walk on short distances.
D. All of the above.
8. Why budgeting is very important for your family?
A. It gives a feeling of comfort knowing that our family income is enough for a
period of time.
B. It enables our family to identify what needs to be prioritized.
C. It helps our family to control finances.
D. All of the above.
9. Who among the families practices "prioritizing needs over wants" during the
pandemic?
A. Arciaga family applied an internet connection for online games of the children.
B. Bravo family ate meals once a day to save money for their dream car.
C. Castro family cooked meals rather than going to fast food chains.
D. Delfino family used their savings in buying expensive plants.
10. Ortiza family allotted 8% for emergency or savings in their family budget plan.
How much budget will the family save in a year if their monthly earnings reach
to P68, 987.00?
A. P66, 227.52
B. P66, 225.72
C. P66, 222.75
D. P66, 222.57
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Answer:
2.B
3.A
4.C
5.A or C
6.
7.B
8.B
9.
10.
Explanation:
Yan lng po. Iba walang answer☺️