WorksheetsUnit 5 Consumer Skills Test
Total questions: 20
Worksheet time: 19mins
What is a common method to protect your personal information online?
Use the same password for all accounts for easy recall.
Share your social security number only on trusted websites.
Regularly update your passwords and use two-factor authentication.
Keep your antivirus software outdated to avoid compatibility issues.
Which of the following is a sign of a phishing scam?
An email from a known institution asking you to confirm personal information.
A website that uses HTTPS in its URL.
An advertisement offering a product at its regular price.
A phone call from a friend asking for a casual meet-up.
What is an effective strategy for evaluating product quality before making a purchase?
Buying the most expensive option available.
Reading reviews and ratings from verified purchasers.
Choosing products only from television advertisements.
Relying solely on the recommendation of a salesperson.
How can impulse buying be avoided?
By purchasing items as soon as they catch your eye.
Shopping only when you are feeling emotional.
Creating and sticking to a shopping list.
Carrying only credit cards to track spending better.
What is a key step in protecting yourself from identity theft?
Carrying your social security card in your wallet.
Having different passwords for your email and bank
Using public Wi-Fi to access banking information.
Sharing vacation plans on social media.
Why is comparison shopping important?
It ensures you always buy the most expensive product.
It can help you find the best deal, saving money.
It takes up time that could be spent buying impulsively.
Retailers prefer customers who do not compare shop.
What should you do if you suspect your identity has been stolen?
Wait to see if the problem resolves itself.
Post about it on social media to warn others.
Contact your bank and credit reporting agencies immediately.
Continue using your credit cards as normal.
Which of the following is NOT a common scam?
Lottery scams promising big winnings for a small fee.
Job offers that require you to pay money upfront.
Emails from a prince asking for a loan to access his fortune.
A store offering a sale on holiday items after the holiday season.
What's a benefit of using the FTC?
They help you file your taxes
They help you be aware of fraud and scams and file reports if you suspect your identity has been stolen
They protect you from all identity theft loss
They help you budget so you do not over spend on big purchases
What's a data breach?
When a hacker steals customer info from businesses
A website that has a lot of popups
When you get a sketchy email or text asking for money or info
When someone else opens a credit card in your name
What is NOT a recommended practice for secure online shopping?
Using a credit card instead of a debit card.
Shopping on websites with customer reviews and ratings.
Saving your credit card information on every website for convenience.
Verifying the security of your internet connection.
Why should you review your bank and credit card statements regularly?
To memorize your account numbers.
To check for unauthorized transactions or errors.
Because it's a legal requirement.
To find out how much interest you are earning.
What is a sign that a product may be of low quality?
It has a warranty.
It is available in multiple stores.
It has many negative reviews.
It comes in different colors.
What is a disadvantage of buying items on impulse?
You may miss out on better deals elsewhere.
You always spend less money.
It ensures you only buy what you need.
It is a time-saving shopping strategy.
What should you do before making a significant purchase?
Buy it immediately to avoid missing out.
Consult only the salespeople for advice.
Research the product and compare prices.
Make the decision based on the packaging alone.
Which of the following is likely a scam?
A hotel receptionist asks you to verify the first and last name on your hotel reservation before giving you the key
You call your doctor’s office and the nurse asks for your medical record number
The IRS calls you and asks you to make a tax payment in the next 24 hours
You receive coupons through a monthly email you subscribed to for your favorite online shopping website
Ben realized they paid a scammer using a credit card. What is the next BEST step they should take?
Wait for their next credit card statement to verify that the payment went through
Attempt to contact the scammer to get them to reverse the transaction
Shred their credit card and limit purchases for the next 10 days
Call their bank and ask them to reverse the transaction and get their money back
Why is it important to understand warranties for products you purchase?
They protect your purchase by replacing parts of a product that are ineffective or do not work correctly.
They ensure that your purchase will be refunded completely if it does not last 20 years or more.
All warranties cover any and all wear and tear to a product.
Warranties protect you from identity theft.
Why would someone choose to rent vs. buying a home?
Renting is a great investment for the future.
Buying a home ensures the lowest upfront costs
Renting usually has lower upfront and maintenance costs and enables mobility
Renting is the best option for everyone because there are no advantages to buying a home
What are some things to consider before buying a car?
Whether to buy new or used
Your budget
The quality of the vehicle
All of the options are correct
