Life Skills Class Diagnostic Exam - Section 1: Money Management

What is the purpose of a budget?

• To spend money without thinking

• To track income and expenses and plan for future spending

• To hide money from others

If you earn $50 per week from your part-time job and your expenses for the week total $40, how much money will you have left?

• $10

• $50

• $40

Tags

CCSS.3.OA.D.8

What is an ATM used for?

• To buy groceries

• To check your weight

• To withdraw cash from your bank account

Why is it important to save some of your money instead of spending it all?

• To buy more toys

• To be prepared for unexpected expenses or emergencies

• To show off to your friends

Tags

CCSS.RI.4.2

CCSS.RL.3.2

CCSS.RL.4.1

CCSS.RL.5.1

CCSS.RL.5.2

What is the difference between "needs" and "wants" when it comes to spending money?

• There is no difference

• Needs are things you must have for survival, while wants are things you desire,but can live without.

Tags

CCSS.RI.4.2

CCSS.RL.3.1

CCSS.RL.3.2

CCSS.RL.4.1

CCSS.RL.5.1

When using a sharp knife in the kitchen, what should you always do?

• Run with the knife

• Use a cutting board and cut away from your body

• Share the knife with others

What is the safest way to put out a small grease fire on the stove?

• Pour water on it

• Cover it with a lid or a damp cloth

• Ignore it and hope it goes away

What should you do before touching a hot pot or pan?

• Use your bare hands

• Wear oven mitts or use a towel to protect your hands

• Blow on it to cool it down

Why is it important to wash your hands before handling food?

• To make the food taste better

• To prevent the spread of germs and keep food safe to eat

• Because it's a rule, even if it doesn't matter

Tags

CCSS.RI.3.5

CCSS.RI.4.3

CCSS.RI.4.5

CCSS.RI.5.3

CCSS.RI.5.5

What should you do if you accidentally cut yourself with a knife while cooking?

• Ignore it and keep cooking

• Wash the cut with soap and water and cover it with a bandage

• Yell for help and run around the kitchen