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Understanding Cash Register Receipts

Authored by Nilesh Lal

Financial Education

10th Grade

Used 3+ times

Understanding Cash Register Receipts
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18 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a cash register receipt?

A cash register receipt is a record of employee hours worked.

A cash register receipt is a digital invoice sent via email.

A cash register receipt is a summary of monthly expenses.

A cash register receipt is a printed record of a transaction that includes details of items purchased and payment information.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Anika is trying to manage her personal finances better. Why are cash register receipts important for her?

Cash register receipts are important for tracking spending, managing budgets, and providing proof of purchase.

They are used to calculate taxes owed.

They help in determining credit scores.

They are necessary for applying for loans.

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Nora went shopping and received a cash register receipt. What information is typically found on this receipt?

Employee's name and ID

Customer's phone number

Store's return policy

Date and time, items purchased, prices, taxes, total amount, payment method, store name and address.

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Ava went shopping and received a receipt. How can she identify the date of her transaction on the receipt?

The date of a transaction is identified by locating the 'Date' label on the receipt.

Look for the 'Transaction ID' to find the date.

The date is usually printed on the back of the receipt.

The date is found in the 'Total' section of the receipt.

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does the total amount on a receipt represent?

The total amount is the price before discounts.

The total amount represents the final cost of the purchase.

The total amount represents the quantity of items purchased.

The total amount includes only the tax.

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Abigail went shopping and received a receipt. How can she verify if the items listed on the receipt match her purchase?

Look for a discount code on the receipt.

Ensure the receipt is signed by the cashier.

Check if the receipt is printed on colored paper.

Verify that the item names, quantities, and prices on the receipt match your purchased items.

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Abigail went shopping and received a receipt. What is the significance of the store name on her receipt?

The store name indicates the retailer for the purchase, aiding in expense tracking and returns.

The store name is irrelevant and can be ignored on the receipt.

The store name provides a warranty for the purchased items.

The store name is used to calculate sales tax on the purchase.

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