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JA BizTown Visit Quiz

Total questions: 40

Worksheet time: 20mins

Name
Class
Date
1.

This is not related to K-pop but what place do you want to visit and why?

4 lines
2.

Credit agencies help lenders determine which of the following:

a)

credit score

b)

credit history

c)

outstanding debt or defaults

d)

your wants and needs

3.
What is this Logo?
a)
Twitter
b)
Facebook
c)
Myspace
d)
Tumblr
4.

One benefit of a credit card is to establish a credit history.

a)

true

b)

fales

5.

Credit cards allow you to make purchases for items you didn't save for or do not have money to purchase.

a)

true

b)

false

6.

Creating a secure password when banking online is a safety tip.

a)

true

b)

false

7.

When most people apply for jobs, they call the business and ask for the manager.

a)

TRUE

b)

FALSE

8.

A debit card is handy in an emergency.

a)

true

b)

false

9.
What is this Logo?
a)
Instagram
b)
Snapchat
c)
Facebook
d)
None of these 
10.

A way of persuading people to want goods or services.

a)

ADVERTISING

b)

JA Biz Town

c)

Best Practices

d)

Accure

11.

What’s another name for a model or sample of a product?

a)

principle

b)

prototype

c)

protection

d)

planet

12.

How would you say 44 percent using the phrase “out of one hundred”?

a)

forty-four out of one hundred

b)

forty-four hundred

c)

forty-four percent

d)

forty-four in one hundred

13.

Junior Achievement is an institution that increases the well-being of young people by inspiring and preparing them to succeed in a global economy. What type of organization is Junior Achievement?

a)

good

b)

service

c)

school

d)

nonprofit organization

14.

What is the term for charitable giving to increase the well-being of a community?

a)

giver

b)

donation

c)

philanthropy

d)

doesn't exist

15.

What do you call a member of a town, city, county, state, or country?

a)

state

b)

citizen

c)

country

d)

AARP member

16.

What do you call the expenses for rent, utilities, supplies, advertising, and equipment for a business?

a)

operating costs

b)

advertisement costs

c)

equipment costs

d)

buyer costs

17.

Businesses need customers. What do they do to promote their products to customers?

a)

Advertise

b)

network

c)

cooperate

d)

coordinate

18.

When a business takes out a loan at a bank and promises to repay the loan, what must it sign?

a)

make a promise note

b)

majority note

c)

promissory note

d)

minority report

19.

Rochelle sells lemonade at her neighborhood lemonade stand. Does she sell a good or a service?

a)

Good

b)

Service

c)

Nonprofit

d)

Profit

20.

What do you call the money that’s left over after a business pays its costs?

a)

percentage

b)

partner

c)

profit

d)

progress

21.

What is the term for the amount an employee earns before taxes are deducted?

a)

alimony

b)

gross pay

c)

net pay

d)

regular pay

22.

When applicants seek a job, what should they write to spark an employer’s interest?

a)

resume

b)

Instagram profile

c)

recommendation letter

d)

Response

23.

When applicants seek a job, what should they write to spark an employer’s interest?

a)

Resume

b)

referral

c)

Text Messages

d)

Facebook posts

24.

Teresa is skilled at knowing how to act as an employee. She dresses appropriately, treats customers nicely, and is punctual. What are these important skills called?

a)

Hard Skills

b)

Soft Skills

c)

Just Skills

d)

Skillets

25.

Which of the four career types is missing from the following list: People, Things, Ideas,....?

a)

dessert

b)

dance

c)

data

d)

dates

26.

: Theo doesn’t really like playing the guitar, but everyone knows he has developed an ability for it. What’s another word for his ability?

a)

Skill

b)

Drill

c)

Job

27.

Shane wants cash back from his deposit. What must he do on his deposit ticket that is different from when he doesn’t want cash back?

a)

write the date

b)

write the name

c)

write the account number

d)

write his signature

28.

Where does the money get deducted from when you make a purchase with a debit card?

a)

your credit card

b)

your debit card

c)

your savings account

d)

your checking account (or bank account)

29.

Liam deposited $5.00 in the bank. He then wrote a check for $4.00. Where should he record these transactions?

a)

Money Tracker

b)

Flip phone

c)

Cornell Notes

d)

Debit card

30.

Before Simon deposits his paycheck at the bank, he must do what on the back of the check?

a)

endorse it

b)

design it

c)

Ja Biztown it

d)

receive it

31.

: What do you call a fee received for the use of money?

a)

limits

b)

interest

c)

initiate

d)

you don't have to pay it back

32.

What is the freedom that Tom enjoys when he buys a new tractor to use on his farm?

a)

freedom to vote

b)

freedom to play cards

c)

freedom to own property (freedom to buy goods and services is also acceptable)

d)

freedom to go to school

33.

Someone who is an innovator, recognizes opportunities, and organizes resources to make a product is known as an…?

a)

entrepreneur

b)

inventor

c)

investor

d)

example

34.

Which concept tells us that people can’t have everything that they want?

a)

limitless

b)

limited

c)

sound

d)

scarcity

35.

Where do people and businesses come together to buy and sell goods, services, and resources?

a)

goods

b)

markets

c)

services

d)

minerals

36.

What are the three types of resources used to produce goods and services?

a)

human

b)

natural

c)

capital

d)

all of these

37.

What’s the term for things owned by all people for everyone’s use, for example, a city park?

a)

public goods and services

b)

private goods and services

c)

partner goods and services

d)

premier goods and services

38.

What are the three T’s of philanthropy?

a)

Time, tickets, and talent

b)

Talent, Time, and trust

c)

Time, treasure, and talent

d)

Treasure, Temperature, and Time

39.

Before Sally can vote, she must do what?

a)

register (to vote)

b)

sign your name

c)

visit the post office

d)

send in money

40.

Elijah enjoys his right to use public goods and services. What is the responsibility that goes with that right?

a)

to pay taxes

b)

to pay rent

c)

to buy taxes

d)

to buy clothes