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WorksheetsConsumer Awareness Unit Three Review
Total questions: 55
Worksheet time: 30mins
those who will benefit from your insurance
premiums
beneficiaries
dependents
term
a period of time, say 5 years
premiums
beneficiaries
dependents
term
insurance policy payments
premiums
beneficiaries
dependents
term
people supported by your earnings
premiums
beneficiaries
dependents
term
money earned by a whole life policy
premiums
dividend
lapsed
term
no longer in effect: gone, lost
lapsed
beneficiaries
dependents
dividend
Name a reason someone might want to buy life insurance.
What will happen if you fail to keep up your life insurance premiums?
The cost of life insurance varies. Name one reason why.
What could happen if your life insurance company goes out of business?
Cable and satellite service can be very expensive-especially if you ________.
plan ahead before it's installed
watch TV and use the internet more than four hours a day
order lots of pay channels
leave your TV or computer on all night
You might save money by ________.
ordering cable at the end of the month
looking for a free cable installation offer
asking for several service calls
getting the premium package with all of the channels
Before cable can be installed, ________.
your home may need to be wired
you must connect your DVD player or DVR
cancel your pay TV channel
you must buy a brand new television
To get cable or satellite service, you must usually pay to install certain equipment. What does install mean?
To decide how many cable outlets you'll need, plan where you want to watch TV, use the internet, or have a phone. What is an outlet?
Are reviews important when making a decision before buying a product or service?
'A product' is described as ...
a thing produced by labour or effort.
a system that provides the public with something it needs.
the work or the quality of work done by somebody when servicing a customer.
Which of the following is considered as 'a product'?
A beauty parlour
A barbershop
A smartphone
A feature of a product or service can be defined as ...
a common quality that something has.
a special activity that something can do
something important, special or interesting that it has
The job is dangerous.
Hire a Professional
Do it Yourself
The job requires special training.
Hire a Professional
Do it Yourself
The job is simple and you know how to do it already.
Hire a Professional
Do it Yourself
When highly toxic materials are needed.
Hire a Professional
Do it Yourself
When you own the right tools to do the job.
Hire a Professional
Do it Yourself
When others could be harmed by your mistakes.
Hire a Professional
Do it Yourself
When you find easy instructions on what to do.
Hire a Professional
Do it Yourself
What is meant by good ventilation?
Give three examples of toxic materials.
Care taken to avoid danger or mistakes is _________.
caution
cuation
cautoin
catuion
cautiion
_____ are things we can touch.
Goods
Services
Budgeting
Savings
____ is how much money you are earning.
budget
Income
Savings
Service
True or False
A need is something we CAN live without.
Example: Food
False
True
Which of the following are factors that determine the services/products we use and buy?
Price
Opinions of other people
Money available
Product reviews
Needs and wants
You get your haircut
Good
Service
You buy a book from a garage sale
Good
Service
You buy your mother a flower from a flower shop
Good
Service
You hire someone to cut your lawn
Good
Service
You visit the doctor for a checkup
Good
Service
You purchase a game to give as a birthday gift
Good
Service
You pay your sister $5 to clean your messy bedroom
Good
Service
You buy an ice cream cone from an ice cream truck
Good
Service
You take an airplane when you go on a trip
Good
Service
You brother sells you his old baseball glove for $2
Good
Service
You clogged the pipes while using the restroom, now a plumber has to come and fix the toilet and pipes
Good
Service
After lunch, you buy chips and candy from the concessions cart
Good
Service
Your parents pay for you to have a tutor in math, the subject you are struggling with the most
Good
Service
A professional is someone who __________.
A satisfied customer refers you to a great car mechanic. What does refer mean?
A friend recommends a good dentist. What does recommend mean?
A reputable service has a good reputation. What does reputation mean?
