WorksheetsUnit 2 Test - Consumer Skills
Total questions: 15
Worksheet time: 8mins
2) What is the most effective strategy for comparison shopping?
Always purchase the cheapest option available to save money
Determine your needs, compare products based on features and price, then choose the best fit
Buy only the most popular brands regardless of price or features
Wait for seasonal sales and buy items in bulk to save money
When planning to purchase a new bicycle, what is a crucial step to ensure you make a wise decision?
Immediately buy the first bicycle you find appealing
Consult only with friends who rarely cycle
Research and compare the features and prices of different bicycles
Ignore user reviews and expert opinions on bicycles
4) Jamie is planning to buy a new laptop for college and a set of headphones for her morning runs. Which purchase requires more thorough research?
The headphones -- because sound quality and comfort are crucial
The laptop -- because it needs to support her academic and entertainment needs for several years
Neither -- both purchases are straightforward and require minimal research
Both -- every purchase should be carefully researched to ensure value for money
4) Mary wants to buy a new sweater. At Trendy Threads, the sweater is priced at $60 and they're having a 30% off sale. At Fashion Hub, the same sweater is listed for $55 with a $10 off promotion. What is the best deal?
Purchase at Trendy Threads, because the price after discount will be $42
Purchase at Trendy Threads, because the price after discount will be $ 45
Purchase at Fashion Hub, because the price after promotion will be $45
Purchase at Fashion Hub, because the price after promotion will be $47
5) Stores frequently offer "Buy One, Get One Free" promotions. Why do stores offer this deal to their customers?
Stores advertise the deal but make you pay for the second item anyway once you're at the cash register
Each item ordered
The cost of each item ordered
Tax and tip on the total bill
The amount of money you owe your credit card company
7) Henrietta has done a lot of shopping recently. Which receipt should she probably keep the longest?
Walgreens receipt for a toothpaste and a magazine
The Gap for 2 sweatshirts and 1 pair of pants, all of which she's tried on and fit
Cane's receipt for chicken and a coke
Best receipt for a computer
8) Here's Joseph's receipt from the onsite cafe at his job. How much did Joseph pay in tax?
$1.65
$14.50
$1.17
$11.70
9) Here's Joseph's receipt from the onsite cafe at his job. How much did he tip his server for this meal at the cafe?
$1.65
summarizes the interest you will earn on your savings account
should never be reviewed
Provides a summary and details about all of the withdrawals and deposits made during the month
is used to apply for a credit card
11) Which of the following transactions will INCREASE the amount of money in your checking account?
Venmo your friend for the movie ticket he paid for
Deposit a check your grandma gives you for your birthday
Transfer funds from your checking account to your savings account
Government issued ID and proof of address
A passport
A letter from Mr. Whitehair
Your latest report card
13) Sam wants to use his mobile wallet at a gift shop while on vacation. What does he need to do to pay for the item?
Hold his phone next to the checkout terminal
Hand cash to the sales person
Write a check and provide proof of identification
Scan his credit card in the machine
Prepaid cards can only be used to shop local, but gift cards can be used overseas
There is no difference. Prepaid cards and gift cards are virtually the same.
Prepaid cards are only for people without credit card accounts and gift cards are for people without savings accounts.
To deposit a birthday check into their checking account
To buy a soda at 7-11
To repay a friend who bought their movie ticket
To budget for living expenses
