NAME:___________________________________________________ SCORE:________

SUMMATIVE NO. 1
QUARTER 2
TLE 6
Directions: Write the letter of the correct answer in the blank.

_____1. What is human resources?

a. It is the monetary form of resources.
b. It is the tangible resources contributed by the members of the family.
c. It is the handling of employee relations, payroll, benefits, and training.
d. It is the contributed service or work of the family-like time, effort, skills, strength, and expertise.
_____2. What family resources can be enhanced and developed by attending seminars, reading, etc?
a. Human Resources
b. Material Resources
c. Non – Material Resources
d. Tangible Resources
_____3. Which of the following is a nonmaterial resources?
a. Appliances, jewelry, and cash
b. Time, health and experience
c. Capabilities, intelligence, and skills
d. House and lot

_____4. What family resources are in the form of cash and bank deposits?
a. Tangible resources
b. Intangible Resources
c. Monetary resources
d. Non-monetary resources
_____5. What is the other term of intangible resources?
a. Human resources
b. Material resources
c. Salary resources
d. Non-material resources
_____6. It is a payment made to the employee for services or work rendered.
a. Salary
b. Rental
c. Commission
d. Savings
_____7. It is the money that is received regularly by an individual, for providing goods or services, earnings
from labor, business, or investments.
a. Pension
b. Income
c. Real Income
d. Money

_____8. It is the total income earned by all the members of the household.
a. Real Income
b. Money Income
c. Family Income
d. Psychic Income
____9. It is a source of family income earned from the leased or rented property.
a. Pension
b. Dividends
c. Rentals
d. Profits
____10. It is another common source of family income. Profit is made by selling services or goods at a markup.
a. Salary
b. Money Income
c. Family Business
d. Commissions
Directions: Match the elements in column A with its definition in column B. Write your answer on the
space provided.
_____11. Savings a. groceries, food, staples, condiments,and spices
_____12. Budgeting b. uniforms, clothes, and accessories
_____13. Budget c. includes taxes, repair, and maintenance
_____14. Food d. medicine, check-up
_____15. Shelter e. electric, water, and telephone bills, gas
_____16. Recreation f. family outings, watching movies.
_____17. Health g. the amount set aside for future use
_____18. Utilities h. related to the wise use of family resources
_____19. Education i. things needed in the house, curtains, furniture,
_____20. Clothing and other paraphernalia
to make members comfortable j. tuition fees, books, daily food, transportation allowance of children
k. is the amount of money set aside for planned expenses