WorksheetsUnit 2 Study Guide- $$$
Total questions: 27
Worksheet time: 14mins
Which statement best describes how to comparison shop for a new smartphone?
Buy several models, test each one to see which you like best, and return the others
Set a budget, decide on the features you need, and research which models and brands best meet your criteria
Visit multiple stores and negotiate with salespeople to lower the price until one fits within your budget
Create a blog that tracks and compares the prices of popular smartphones at different retailers
You're planning to upgrade your mountain bike to a newer model. 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
For her upcoming birthday party, Emily is deciding between ordering pizza or making homemade sandwiches. Which option requires more consideration regarding guests' preferences and dietary restrictions?
Neither -- both choices are simple and straightforward
The pizza -- because it's important to choose a variety of toppings
The homemade sandwiches -- because they can be customized for each guest
Both -- it's essential to consider guests' preferences and dietary restrictions for any food served at a party
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 $32
Imagine you're at a clothing store and you see a sign that says "Buy One, Get One Free" on jeans. Why does the store offer such a deal?
The store advertises the deal but charges you for the second pair of jeans at the checkout.
The store profits because you're still required to pay taxes on the free pair of jeans.
Most stores aren't focused on making a profit, so giving away a free pair of jeans doesn't affect their bottom line.
Attractive deals like this encourage customers to make purchases they didn't initially plan on and build loyalty towards 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
Ellen's receipt shows she bought a latte and two cake pops from the cafe at her job. How many items did Ellen buy?
1
2
3
4
How much did Ruth pay for this meal at the café? $1.17 for extra ranch and $10.03 for a chicken sandwich meal, $0.50 for a large drink upcharge
$1.17
$11.70
$12.87
$14.50
Complete this sentence: After reviewing her monthly finances, Sarah noticed her checking account statement...
is the receipt she received from the grocery store when she paid with a check
tells her about the bank's policies on fees
lists all the purchases and deposits she's made in the previous month
allows her 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 coffee shop while grabbing his morning coffee. What does he need to do to pay for his order?
He holds his smart phone next to the shop's checkout terminal
He uses his laptop to order his coffee on the shop's website
He scans the shop receipt using his cell phone within the next 24 hours
He uses his phone to buy a gift card from the shop and then pays for the coffee with the gift card
Imagine you received two cards for your birthday: a prepaid card and a gift card. What is the primary difference between these two cards?
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
John wants to buy a new laptop. What should be his first step in comparison shopping?
Buy the first laptop he sees
Decide what laptop features he cares most about
Visit the store that sells the least expensive laptops
Ask his friends for their opinions
Imagine you're managing your finances and are looking at different activities that affect your bank account. Which of the following actions will INCREASE the amount of money in your checking account?
Use your debit card to buy groceries
Withdraw money from an ATM
Deposit a paycheck into your account
Buy a new phone using your debit card
Imagine you're at a shopping mall with two cards in your wallet: a credit card and a debit card. What is the primary difference between these two cards?
Credit cards are made of plastic, but debit cards are usually cardboard
Credit cards allow you to borrow money up to a certain limit in order to purchase items or withdraw cash
Debit cards can be used to shop online, but credit cards cannot
Debit cards are only for people without checking accounts, but credit cards are for everyone
What is the first step to take when planning to buy a new car?
Buy the first car you see
Decide what car features you care most about
Visit the dealership that sells the least expensive cars
Ask your friends for their opinions
Which of these is a common reason someone would use a credit card?
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 make a large purchase and pay it off over time
After reviewing his monthly finances, John noticed his credit card statement...
is the receipt he received from the grocery store when he paid with a card
tells him about the bank's policies on fees
lists all the purchases and payments he's made in the previous month
allows him to take out a student loan for college
John wants to buy a new laptop. At Tech World, the laptop he wants cost $800 and they're having a 20% off sale. At All Electronics, the same laptop cost $750 and he has a $100 off coupon. What is the best deal?
Purchase at Tech World, because the cost after discount will be $640
Purchase at All Electronics, because the cost after coupon will be $650
Purchase at Tech World, because the cost after discount will be $600
Purchase at All Electronics, because the cost after coupon will be $600
Imagine you're at a store with two cards in your wallet: a credit card and a store card. What is the primary difference between these two cards?
Credit cards are made of plastic, but store cards are usually cardboard
Credit cards allow you to borrow money up to a certain limit in order to purchase items or withdraw cash
Store cards can be used to shop online, but credit cards cannot
Store cards are only for people without checking accounts, but credit cards are for everyone
Imagine you're managing your finances and are looking at different activities that affect your bank account. Which of the following actions will DECREASE the amount of money in your checking account?
Use your debit card to buy groceries
Withdraw money from an ATM
Deposit a paycheck into your account
Buy a new phone using your debit card
Emma wants to buy a new dress. At Fashion World, the dress she wants cost $60 and they're having a 30% off sale. At All Styles, the same dress cost $50 and she has a $10 off coupon. What is the best deal?
Purchase at Fashion World, because the cost after discount will be $42
Purchase at All Styles, because the cost after coupon will be $40
Purchase at Fashion World, because the cost after discount will be $40
Purchase at All Styles, because the cost after coupon will be $45
Which of the following transactions will INCREASE the amount of money in your checking account?
Use your debit card to buy a new phone
Withdraw money from an ATM
Deposit a paycheck into your account
Buy groceries using cash
Imagine you're at a store with two cards in your wallet: a debit card and a store card. What is the primary difference between these two cards?
Debit cards are made of plastic, but store cards are usually cardboard
Debit cards allow you to spend money by deducting it directly from your bank account
Store cards can be used to shop online, but debit cards cannot
Store cards are only for people without checking accounts, but debit cards are for everyone
