Understanding Transactions and Change

Understanding Transactions and Change

Assessment

Interactive Video

Mathematics, Business, Life Skills

5th - 8th Grade

Hard

Created by

Emma Peterson

FREE Resource

The video tutorial discusses a transaction scenario where the speaker explains the importance of having exact change to simplify the exchange process. The conversation revolves around the need to provide two pesos to avoid receiving excessive coins in return. The speaker clarifies the transaction details, emphasizing the benefits of using specific denominations to streamline the process. The video concludes with a resolution to the issue, ensuring a smooth and efficient exchange.

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10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the main issue discussed at the beginning of the video?

The cooling system is not working.

The video is about a school project.

The video is about cooking.

The video is about a car repair.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why does the speaker ask for 2 pesos during the transaction?

To buy a snack.

To donate to charity.

To simplify the change process.

To pay a debt.

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the total amount discussed in the transaction?

200 pesos

140 pesos

100 pesos

62 pesos

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the benefit of giving 2 pesos in the transaction?

It increases the total amount paid.

It allows for a faster transaction.

It helps in getting a discount.

It reduces the number of coins returned.

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How does the speaker propose to handle the lack of small change?

By delaying the transaction.

By using a credit card.

By asking for 2 pesos.

By giving a discount.

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does the speaker emphasize about having exact change?

It complicates the transaction.

It is unnecessary.

It is important for reducing change.

It is only needed for large transactions.

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the speaker's attitude towards giving too much change?

Indifferent

Frustrated

Confused

Happy

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