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WorksheetsNGPF Unit 2 Review
Total questions: 14
Worksheet time: 7mins
Which statement best describes how to comparison shop?
Buy many brands of the same item, see which you like best, and return all the rest
Set a budget, decide what features you want, and see which stores/brands best fit your needs
Visit many stores and ask the salespeople to lower the price until one offers something you can afford
Start your own website that compares the current store prices of items you shop for regularly
You're going to buy a new bicycle. What should be one of your first steps in comparison shopping?
Decide what bicycle features you care most about
Visit the store that sells the least expensive bicycles
Locate a coupon for bicycles
Sell your old bicycle
Randall needs to make two purchases today -- a box of donuts to share with his homeroom and a pair of running shoes for the upcoming track season. For which item should he do MORE comparison shopping?
Neither -- both of these purchases are very easy
The donuts -- because he wants to get a lot of flavors
The shoes -- because they need to fit well and last for the whole season
Both -- you should comparison shop for every item you buy
Sofia wants to buy a new pair of jeans. At Pants World, the jeans she wants cost $40 and they're having a 25% off sale. At All Clothes, the same jeans cost $38 and she has a $6 off coupon. What is the best deal?
Purchase at Pants World, because the cost after discount will be $15
Purchase at Pants World, because the cost after discount will be $30
Purchase at All Clothes, because the cost after coupon will be $32
Purchase at All Clothes, because the cost after coupon will be $34
A popular promotion at stores is "Buy One, Get One Free." Why do stores offer this deal to their customers?
Stores promote the deal but make you pay for the second item anyway once you're at the cash register
Stores make money because you still have to pay taxes on the second item
Most stores are not trying to make a profit, so it doesn't matter if they give away free items
Great deals convince customers to buy things they don't need and stay loyal to the store or brand
On a restaurant receipt, you will commonly find each of these items EXCEPT...
The date and time of your dining
The total cost of your food and drinks
The tax and tip that were added to your bill
The total money in the bank account you used to pay
Naya has done a lot of shopping recently. Which receipt should she probably keep the longest?
CVS receipt for a juice and a pack of ponytail holders
Mall store for 5 shirts and 2 pants, all of which she's tried on and fit
Restaurant receipt for sandwich, salad, and lemonade
Target receipt for bluetooth headphones for her and a popular toy for her niece's birthday
Complete this sentence: A checking account statement...
is the receipt you get from a store when you purchase something using a check
tells you the bank's policies on fees
lists all the purchases and deposits you've made in the previous month
allows you to take out a student loan for college
Which of the following transactions will REDUCE the amount of money in your checking account?
Deposit a check your uncle gives you for your birthday
Use your debit card to get money from an ATM
Buy an expensive new bike using cash
Transfer funds from your saving account to your checking account
What do you need in order to open a checking account?
A form of ID and proof of address
At least $50 saved up
A report card showing you've passed all your classes
Two letters of recommendation
Chang wants to use his mobile wallet at a t-shirt shop on vacation. What does he need to do to pay for the item?
He holds his smart phone next to the store's checkout terminal
He uses his laptop to buy the item on the store's website
He uses his phone to buy a gift card from the store and then buys the t-shirt with the gift card
He scans the store receipt using his cell phone within the next 24 hours
What is the primary difference between a prepaid card and a gift card?
Prepaid cards can be used to shop online, but gift cards cannot
Prepaid cards are made of plastic, but gift cards are usually cardboard
Prepaid cards can be used at many different stores, but gift cards are usually for a specific store
Prepaid cards are only for people without checking accounts, but gift cards are for everyone
Which of these is a common reason someone would use a peer-to-peer payment app?
To deposit a work paycheck into their checking account
To buy groceries at the supermarket
To repay a friend who covered their costs at a restaurant
To keep track of their spending and saving
You are planning on buying a car, What should be your first step in comparison shopping
Buy the car with the best radio
Buy the car with the lowest price
Only look at Electric Vehicles
Decide what features you care the most about and decide on how much you can spend
