Re-exam Household Resources Management Final Exam
Questions and Answers
- 1.
Resources which factors are used in producing goods or provides services
- A.
Information Resources
- B.
Economic Resources
- C.
Financial Resources
- D.
Time Resources
Correct Answer
B. Economic ResourcesExplanation
Economic resources are used in producing goods or providing services. These resources include land, labor, capital, and entrepreneurship. Land refers to natural resources such as water, minerals, and forests. Labor refers to the human effort and skills required in production. Capital includes physical assets like machinery, buildings, and equipment. Entrepreneurship refers to the ability to organize and manage resources to create and operate a business. These economic resources are essential for the production process and contribute to the overall economic development.Rate this question:
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- 2.
It helps to facilitate or directly involved in the production distribution of good and services.
- A.
Information Resources
- B.
Economic Resources
- C.
Financial Resources
- D.
Time Resources
Correct Answer
B. Economic ResourcesExplanation
Economic resources are the factors of production that are used to produce goods and services. They include land, labor, capital, and entrepreneurship. These resources are necessary for the production and distribution of goods and services. They are involved in the process of creating products and making them available to consumers. Without economic resources, it would not be possible to produce and distribute goods and services efficiently.Rate this question:
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- 3.
Which financing funding states that “raising funding from equity is a trade
- A.
Equity Financing
- B.
Debt Financing
- C.
Grants
- D.
Loans
Correct Answer
A. Equity FinancingExplanation
Equity financing refers to the process of raising funds by selling shares of ownership in a company. This type of funding allows businesses to raise capital without incurring debt or interest payments. It is a trade-off because by selling equity, the company gives up a portion of ownership and control to the investors. This form of financing is often used by startups and small businesses that may not have the ability to secure loans or grants.Rate this question:
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- 4.
Which resources that aims you to be successful in life?
- A.
Physical
- B.
Education
- C.
Knowledge
- D.
Skills
Correct Answer
B. EducationExplanation
Education is a crucial resource that aims to make individuals successful in life. It provides individuals with the necessary knowledge, skills, and abilities to excel in various aspects of life. Education equips individuals with the tools and understanding needed to pursue their goals, make informed decisions, and adapt to changing circumstances. It broadens their horizons, expands their perspectives, and enhances their critical thinking abilities. Education also opens doors to opportunities, improves employability, and empowers individuals to lead fulfilling and meaningful lives.Rate this question:
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- 5.
Which non-human resources is important to a family for achieving the goals
- A.
Time
- B.
Money
- C.
Properties
- D.
Goods
Correct Answer
A. TimeExplanation
Time is an important non-human resource for a family to achieve their goals because it allows them to allocate their efforts and prioritize tasks effectively. With limited time, families can make the most of it by setting goals, planning activities, and managing their schedules efficiently. Time management enables families to spend quality time together, pursue personal and professional development, and accomplish their desired objectives. Therefore, time plays a crucial role in ensuring productivity, balance, and success for a family.Rate this question:
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- 6.
Learning through own effort and initiatives
- A.
Formal Education
- B.
Non-formal Education
- C.
Informal Education
- D.
Basic education
Correct Answer
C. Informal EducationExplanation
Informal education refers to the learning that occurs through daily life experiences, interactions with others, and self-directed activities. It is often unintentional and can take place outside of formal educational institutions. In contrast to formal education, which follows a structured curriculum and is typically provided by schools or colleges, informal education allows individuals to learn at their own pace and pursue their own interests. This type of education encourages self-motivation, curiosity, and personal growth, as individuals take ownership of their learning and actively seek out knowledge and skills through their own efforts and initiatives.Rate this question:
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- 7.
Which is not a skill in preparing food?
- A.
Managing
- B.
Sequencing
- C.
Literacy
- D.
Actions
Correct Answer
A. ManagingExplanation
Managing is not a skill in preparing food. The other options, sequencing, literacy, and actions, are all skills that are important in preparing food. Managing, on the other hand, refers to the ability to coordinate and oversee tasks, which may be important in a kitchen setting but is not specifically related to the act of preparing food itself.Rate this question:
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- 8.
Which of the following items is NOT a life skills?
- A.
Car maintenance
- B.
Shopping
- C.
Shopping
- D.
Attend School Meeting
Correct Answer
D. Attend School MeetingExplanation
The correct answer is "Attend School Meeting." Life skills are typically defined as abilities or competencies that help individuals navigate and manage various aspects of their daily lives. Car maintenance and shopping are examples of life skills as they involve practical knowledge and decision-making. However, attending a school meeting is not typically considered a life skill, as it is a specific event or activity that may or may not be relevant to an individual's overall life skills development.Rate this question:
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- 9.
Which human resources consider as the containers that store explicit knowledge.
- A.
Physical
- B.
Education
- C.
Knowledge
- D.
Skills
Correct Answer
C. KnowledgeExplanation
Human resources consider knowledge as the containers that store explicit knowledge. Knowledge refers to the information, facts, and expertise that individuals possess and can articulate. It is considered a container because it holds explicit knowledge, which can be documented and shared with others. This explicit knowledge can be stored in various forms such as documents, databases, and manuals, making it accessible to employees within the organization. By recognizing knowledge as containers, human resources can effectively manage and utilize the explicit knowledge within the organization for the benefit of its employees and overall success.Rate this question:
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- 10.
Which of following is the benefit of manual labor
- A.
Builds Character
- B.
Aids Sleep
- C.
Build mental ability
- D.
All of the above
Correct Answer
D. All of the aboveExplanation
Manual labor has several benefits, including building character, aiding sleep, and building mental ability. Engaging in physical work not only builds physical strength but also instills qualities such as discipline, perseverance, and work ethic, thus contributing to the development of one's character. Manual labor can also be physically tiring, which can promote better sleep quality and help individuals fall asleep faster. Additionally, manual labor often involves problem-solving and critical thinking, which can enhance mental abilities such as cognitive skills and decision-making capabilities. Therefore, all of the given options are valid benefits of manual labor.Rate this question:
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- 11.
Which goals of HRM in Education that is critical for effective educational functioning.
- A.
Strategic Roles
- B.
Lack of Education
- C.
Poverty Trap
- D.
Poor Health
Correct Answer
A. Strategic RolesExplanation
Strategic Roles in HRM in Education are critical for effective educational functioning. HRM plays a crucial role in aligning HR strategies with the overall goals and objectives of an educational institution. It involves activities such as recruitment, training, performance management, and talent development to ensure that the right people are in the right roles and are equipped with the necessary skills and competencies. By strategically managing human resources, educational institutions can enhance their performance, improve student outcomes, and create a positive learning environment.Rate this question:
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- 12.
Which effect of lack of education that is considered as do not have skills in speaking in public?
- A.
Poor Health
- B.
Lack of Voice
- C.
Poverty Trap
- D.
Unemployment
Correct Answer
B. Lack of VoiceExplanation
Lack of Voice refers to the effect of lack of education where individuals do not have the skills or confidence to speak in public. This can be a result of limited access to education and opportunities for public speaking, leading to difficulties in expressing oneself effectively and advocating for one's rights or needs. It can hinder personal and professional development, limit social interactions, and perpetuate a cycle of marginalization and disempowerment.Rate this question:
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- 13.
Which skills that are ideal opportunity to train your child hoe to categorized the items and used it in the future?
- A.
Preparing Food
- B.
Recycling
- C.
Filing
- D.
Laundry
Correct Answer
B. RecyclingExplanation
Recycling is an ideal opportunity to train a child how to categorize items and use them in the future. By teaching a child about recycling, they learn to sort different materials such as paper, plastic, and glass, and understand the importance of reusing and reducing waste. This skill can be applied in their daily life and future endeavors, promoting environmental consciousness and sustainability.Rate this question:
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- 14.
It refers to who does what, when, how, for how long, etc., and can be disaggregated by gender, age and other socio-economic variables.
- A.
Division of Labor
- B.
Household head
- C.
Gender
- D.
Gender Analysis
Correct Answer
A. Division of LaborExplanation
The answer "Division of Labor" is correct because it refers to the allocation of tasks and responsibilities within a household or society. It involves determining who does what, when, how, for how long, etc. This division can be influenced by factors such as gender, age, and socio-economic variables. By analyzing the division of labor, we can gain insights into the roles and responsibilities assigned to different individuals based on their gender and other characteristics.Rate this question:
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- 15.
The following are factors that would reduce household food insecurity. Which is NOT?
- A.
Increased Agricultural Land Productivity
- B.
Investment in Business economy
- C.
Investments in Market Infrastructure
- D.
Provision of education/skills to Smallholder farmers
Correct Answer
B. Investment in Business economyExplanation
Investment in Business economy is not a factor that would reduce household food insecurity. While investments in agricultural productivity, market infrastructure, and education/skills for smallholder farmers can contribute to increased food security, investment in the business economy may not directly address the issue of food insecurity at the household level. It is important to focus on factors that directly impact food production, access, and availability for households in order to reduce food insecurity.Rate this question:
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- 16.
The following are the Indirect Indicators or contributing factors of food and nutrition security. Which is NOT?
- A.
Hazards and Vulnerabilities
- B.
Food availability
- C.
Financial Stability
- D.
Economic Access to food
Correct Answer
C. Financial StabilityExplanation
Financial stability is not an indirect indicator or contributing factor of food and nutrition security. While financial stability may indirectly affect food security, it is not specifically listed as an indicator or factor in this context. The other options, hazards and vulnerabilities, food availability, and economic access to food, are all recognized as contributing factors to food and nutrition security.Rate this question:
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- 17.
Which of the following is NOT a characteristic of resources?
- A.
Resources are useful
- B.
Resources are inter-related
- C.
Resources are limited in supply
- D.
Resources are sustainable
Correct Answer
D. Resources are sustainableExplanation
The given question asks for a characteristic that is NOT associated with resources. The first three options - resources are useful, resources are inter-related, and resources are limited in supply - are all characteristics of resources. However, the fourth option - resources are sustainable - is not a characteristic of resources. Sustainability refers to the ability to maintain or support something over the long term, and while it is desirable for resources to be sustainable, it is not a defining characteristic of resources.Rate this question:
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- 18.
The following are the ways of maximizing benefits from the use of resources. Which is NOT?
- A.
Identify all the available resources.
- B.
Make use of only the right amount of resources
- C.
​​​​​​Substitute the less expensive resources for the more expensive ones.
- D.
Develop the habits that can worsen the use of resourcesIdentify all the available resources
Correct Answer
D. Develop the habits that can worsen the use of resourcesIdentify all the available resources -
- 19.
Which skills that are ideal opportunity to train your child hoe to categorized the items and used it in the future?
- A.
Preparing Food
- B.
Recycling
- C.
Filing
- D.
Laundry
Correct Answer
B. RecyclingExplanation
Recycling is an ideal opportunity to train your child how to categorize items and use them in the future. By teaching them about recycling, they will learn to sort different materials such as paper, plastic, and glass into separate bins. This skill will not only help them understand the importance of reducing waste and conserving resources, but it will also teach them how to categorize and organize items based on their properties. Additionally, they will learn how to reuse and repurpose certain materials, which can be beneficial in their future endeavors.Rate this question:
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- 20.
Encompasses early childhood in elementary.
- A.
Formal Education
- B.
Non-formal Education
- C.
Informal Education
- D.
Basic Education
Correct Answer
D. Basic EducationExplanation
Basic Education is the correct answer because it encompasses early childhood in elementary. Basic Education refers to the foundational education that children receive during their early years, typically from preschool through elementary school. It includes the fundamental knowledge and skills that are necessary for further learning and development. This answer is supported by the information provided in the question, which states that Basic Education encompasses early childhood in elementary.Rate this question:
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- 21.
Name the acronym HRM
Correct Answer
Household Reource Management - 22.
TESDA means
Correct Answer
Technical Education and Skills Development AuthorityExplanation
TESDA stands for Technical Education and Skills Development Authority. TESDA is an agency in the Philippines that is responsible for the development and promotion of technical vocational education and training. It aims to provide skills development programs and opportunities for Filipinos to enhance their capabilities and improve their employability. TESDA offers various courses and programs in different fields such as agriculture, automotive, information technology, and many more. Through its initiatives, TESDA plays a crucial role in equipping individuals with the necessary skills and knowledge to succeed in their chosen careers.Rate this question:
- 23.
TVL Means
Correct Answer
Technical Vocational LivelihoodExplanation
The correct answer for TVL is Technical Vocational Livelihood. This acronym refers to a type of education and training that focuses on providing practical skills and knowledge for specific trades or vocations. It aims to equip individuals with the necessary skills to enter the workforce or start their own livelihood ventures. TVL programs often include hands-on training, internships, and apprenticeships to ensure that students gain practical experience in their chosen fields.Rate this question:
- 24.
A federal, state , or local governments have various initiatives for supporting business.
- A.
Equity Financing
- B.
Debt Financing
- C.
Grants
- D.
Loans
Correct Answer
C. GrantsExplanation
Governments have various initiatives to support businesses, such as equity financing, debt financing, grants, and loans. Among these options, grants are a form of financial aid provided by the government to businesses without the expectation of repayment. Unlike loans, grants do not need to be repaid and can be used by businesses to fund specific projects or initiatives. Grants are often awarded based on certain criteria, such as the business's industry, location, or potential for economic growth. Therefore, grants are a favorable option for businesses as they provide financial support without creating additional debt.Rate this question:
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- 25.
The smallest and the most important social institutions.
Correct Answer
FamilyExplanation
The family is considered the smallest and most important social institution because it is the fundamental unit of society where individuals are nurtured, socialized, and provided with emotional support. It is within the family that individuals learn values, norms, and cultural practices, shaping their behavior and identity. Families also provide a sense of belonging, love, and security, which are essential for human development and well-being. Additionally, families play a crucial role in the reproduction of society, passing down traditions, and providing care for its members.Rate this question:
- 26.
It refers to the social, economic and cultural roles and relations between women and men, and takes into account the different responsibilities of women and men in a given culture.
- A.
Division of labor
- B.
Household head
- C.
Gender
- D.
Gender Analysis
Correct Answer
C. GenderExplanation
The given answer is "Gender" because it is the term that encompasses the social, economic, and cultural roles and relations between women and men. It also recognizes the different responsibilities that women and men have in a specific culture. The other terms mentioned in the question, such as division of labor, household head, and gender analysis, are related to the concept of gender but do not capture its full meaning.Rate this question:
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- 27.
Which of the ff does NOT belong to the group?
- A.
Organization
- B.
Negotiation
- C.
Communication
- D.
Onboarding
Correct Answer
D. OnboardingExplanation
Onboarding does not belong to the group because it is the only term that refers to the process of integrating and assimilating new employees into an organization. The other terms, organization, negotiation, and communication, are all general concepts that can be applied to various contexts and situations, whereas onboarding specifically pertains to the process of welcoming and orienting new employees.Rate this question:
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- 28.
Which of the ff does NOT belong to the group?
- A.
Job Satisfaction
- B.
Poverty Trap
- C.
Aids Sleep
- D.
Reduces Obesity
Correct Answer
B. Poverty TrapExplanation
The other options in the list, namely Job Satisfaction, Aids Sleep, and Reduces Obesity, are all related to personal well-being or improvement. Poverty Trap, on the other hand, refers to a situation where individuals or communities are unable to escape poverty due to various factors such as lack of education, limited access to resources, or systemic inequalities. Therefore, Poverty Trap does not belong to the group as it is not directly related to personal well-being or improvement.Rate this question:
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- 29.
Which of the ff does NOT belong to the group?
- A.
Labor
- B.
Skills
- C.
Knowledge
- D.
Time
Correct Answer
D. TimeExplanation
The given options can be categorized into three groups - Labor, Skills, and Knowledge, as they all pertain to abilities or qualities possessed by individuals. However, Time does not fit into this category as it is not an ability or quality, but rather a measure of duration or a resource. Therefore, Time does not belong to the group.Rate this question:
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- 30.
A resources done by hand
- A.
Land
- B.
Labor
- C.
Time
- D.
Resources
Correct Answer
B. LaborExplanation
Labor refers to the physical and mental effort exerted by individuals in the production of goods and services. It involves the skills, knowledge, and abilities of workers. In the given context, "a resources done by hand," labor is the most appropriate answer as it directly relates to the manual work done by individuals. The other options such as land, time, and resources do not specifically capture the concept of manual labor.Rate this question:
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