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Unit 2 - Consumer Skills

Total questions: 15

Worksheet time: 8mins

Name
Class
Date
1.

Comparison Shopping

a)

The practice of comparing the price of products or services from different vendors before buying, often to find the best deal or price.

b)

An opportunity that encourages you to purchase a specific item (eg a discount).

c)

A sum of money (added to the bill total) given by a customer to a waiter or waitress for their service.

d)

A type of bank account that allows a person to deposit and withdraw their money.

2.

Coupons

a)

A voucher providing a discount for a particular item when purchased.

b)

A deduction from the usual cost of something.

c)

An opportunity that encourages you to purchase a specific item (eg a discount).

d)

A document acknowledging that a person has received money or property after a sale.

3.

Discounts

a)

A deduction from the usual cost of something.

b)

A voucher providing a discount for a particular item when purchased.

c)

A distinctive attribute or quality of something.

d)

A sum of money (added to the bill total) given by a customer to a waiter or waitress for their service.

4.

Receipt

a)

A document acknowledging that a person has received money or property after a sale.

b)

A mandatory financial charge that the government adds to the cost of some goods, services, and transactions.

c)

A person who purchases goods and services for personal use.

d)

A sum of money (added to the bill total) given by a customer to a waiter or waitress for their service.

5.

Tax

a)

A mandatory financial charge that the government adds to the cost of some goods, services, and transactions.

b)

A document acknowledging that a person has received money or property after a sale.

c)

A sum of money (added to the bill total) given by a customer to a waiter or waitress for their service.

d)

An amount of money you take out of a bank account.

6.

Tip

a)

A sum of money (added to the bill total) given by a customer to a waiter or waitress for their service.

b)

A mandatory financial charge that the government adds to the cost of some goods, services, and transactions.

c)

A voucher providing a discount for a particular item when purchased.

d)

An amount of money you take out of a bank account.

7.

ATM

a)

Automatic Teller Machine. Allows a customer to take out physical currency from their bank account.

b)

A document that tells a bank to pay a specific amount of money from one person's account to another person's account.

c)

The monthly record of your account transactions sent to you by your bank.

d)

The amount of money you have in your bank account.

8.

True or False: A Withdrawal is an amount of money you add to a bank account.

a)

False

b)

True

9.

Balance

a)

The amount of money you have in your bank account.

b)

The amount of coins you have in your piggy bank

c)

A type of bank account that allows a person to deposit and withdraw their money.

d)

A document acknowledging that a person has received money or property after a sale.

10.

True or False: A Checking Account is a type of bank account that allows a person to deposit and withdraw their money.

a)

True

b)

False

11.

A card that is loaded with a specific cash amount and can be used at ANY store.

a)

A Prepaid Card

b)

A Credit Card

c)

A Gift Card

d)

A mobile Wallet

12.

A card that is loaded with a specific cash amount and can only be used at a SPECIFIC store.

a)

A Gift Card

b)

A Prepaid Card

c)

A Credit Card

d)

A Debit Card

13.

An online process that allows you to send money directly from your checking account to another person using a username, email address, or cell phone number.

a)

A Peer to Peer Payment App

b)

A Mobile Wallet

c)

A Credit Card Transfer

d)

An Atm withdrawl

14.

A Mobile Wallet is.....

a)

A virtual wallet that stores payment card information on a mobile device

b)

A card that is loaded with a specific cash amount and can only be used at a SPECIFIC store.

c)

An online process that allows you to send money directly from your checking account

d)

Play Money

15.

A card issued by a bank allowing the owner to transfer money electronically to another bank account when making a purchase.

a)

A Debit Card

b)

A Credit Card

c)

A Gift Card

d)

A check card