REPUBLIC OF THE PHILIPPINES

DEPARTMENT OF EDUCATION
REGION X
Gingoog SDA Academy
Jadol- Gundaya Sts, Gingoog City 9014
Gingoog City

T.L.E. 7
First Quarter Examination

Name: _______________________________________________ Date: __________ Score: ___________

Test I. Matching Type

Instruction: Match the descriptions in column A with the qualities of successful entrepreneurs in column B.
Write the letter of the correct answer on the blank before the number.

COLUMN A COLUMN B
____ 1. This qualities of successful entrepreneurs has a strong A. Managerial Ability
commitment to their job. B. Persuasive Ability
____ 2. This qualities of successful entrepreneurs is known for C. Creativity and Resourcefulness
faces dangers of failures D. Adequate Knowledge
____ 3. This qualities of successful entrepreneurs has always on E. Persistence and Hard work
the go F. Self-confidence and Self-reliance
____ 4. This qualities of successful entrepreneurs is knows how to G. Drive and Dynamism
motivate people H. Willingness to take risks
____ 5. This qualities of successful entrepreneurs is possesses I. Desire for responsibility
technical and general information about their business J. Drive for achievement
____ 6. This qualities of successful entrepreneurs they possesses
motivation to accomplish their goals
____ 7. This qualities of successful entrepreneurs works and
performs tasks tirelessly.
____ 8. This qualities of successful entrepreneurs believes in
themselves and be relied upon in him.
____ 9. This qualities of successful entrepreneurs they continuously
searches for new ideas and improve their products
____ 10. This qualities of successful entrepreneurs they plans,
implements and evaluates their goals well

Test II. True or False

Instructions: Write TRUE on the blank if the statement is correct; otherwise, write FALSE if incorrect.

__________ 1. Financial literacy is knowing how to make smart decisions with your money.
__________ 2. The youth learn financial literacy from their parents and other family members.
__________ 3. Financial literacy is solely for those who have permanent sources of income.
__________ 4. Young people acquire financial literacy through a variety of channels.
__________ 5. One of the most important financial goals to save unlimited amount of money for the future.
__________ 6. One is financially literate if they skip their meal and just save their food allowance.
__________ 7. One important aspect of financial literacy is to know how to borrow money and to know how
to settle it.
__________ 8. Barter is a medium of exchange in a country. false
__________ 9. U.S. dollars are used as an international medium of exchange true
__________ 10. Paper bills and coins are forms of currency in a country true
__________ 11. Ounces of gold and silver are precious objects that were used before as money true
__________ 12. Sari-Sari Store is a place where foreign currencies are converted. False
__________ 13. Money are used in a particular country true
__________ 14. Hi and Hello is way of exchanging goods with other goods. False
__________ 15. Money is one of the most important inventions of humankind.

Prepare by M r . G l a d s o n B i l l N . C a b a h i t | TLE 7
Test III. Enumeration
Instruction: Enumerate the following:
A. Basic Activities involving the use of money
1.
2.
3.
4.

B. The three functions of money

1.
2.
3.

C. Five examples of currencies of other countries

1.
2.
3.
4.
5.

D. Channels for young people to learn financial literacy

1.
2.
3.
4.
5.

Test IV. Essay

Instruction: Explain. Answer the following questions

1. How do you value your money?

__________________________________________________________________________________________
__________________________________________________________________________________________
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__________________________________________________________________________________________
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2. Why is money valuable to an individual, family and community?

__________________________________________________________________________________________
__________________________________________________________________________________________
__________________________________________________________________________________________
__________________________________________________________________________________________
__________________________________________________________________________________________

Prepare by M r . G l a d s o n B i l l N . C a b a h i t | TLE 7