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Worksheets

Cha-Ching Reviewer

Total questions: 54

Worksheet time: 28mins

Name
Class
Date
1.

Regarding money, what options do you have?

a)

Save, Spend and Donate.

b)

Earn, Spend and Donate.

c)

Earn, Save, Spend and Donate.

d)

Earn, Save and Spend Money.

2.

Can you name the characters in the band Cha Ching?

a)

Bobby, Charity, Justin, Prudence, Zul.

b)

Bobby, Charity, Justin, Pepper, Prudence, Zul.

c)

Bobby, Charity, Justin, Pepper, Zul.

d)

Charity, Justin, Pepper, Prudence, Zul.

3.

Which of the following definitions of "Make Money" is correct?

a)

Keep money for short-term or long-term use.

b)

Use money to buy things or use services.

c)

Spend time, money, belongings, knowledge to help others without expecting anything in return.

d)

Get paid for working or providing services

4.

Which of the following definitions of Savings is correct?

a)

Keep money for short-term or long-term use.

b)

Use money to buy things or use services.

c)

Get paid for doing or providing services.

d)

Spend time, money, belongings, knowledge to help others without expecting anything in return.

5.

Why should we save?

a)

To afford more money.

b)

To afford the goods we want to buy.

c)

To be able to borrow money.

d)

To afford donations for those in need.

6.

Choose what is the meaning of the word "need"?

a)

Needs are things that must be had to sustain daily life.

b)

A need is something that is wanted but not required.

c)

The two choices are correct.

d)

The two choices are wrong.

7.

What are the benefits of distinguishing between needs and wants?

a)

Distinguishing between needs and wants will help us spend uncontrollably.

b)

Distinguishing needs and wants will help us be able to spend more.

c)

Distinguishing needs and wants will help us a lot in controlling our desires to be able to spend wisely.

d)

All of the statements are correct.

8.

What is the definition of Spending?

a)

Spending is spending time, money, belongings, knowledge to help others without expecting anything in return.

b)

Spending is using money to buy goods or use services.

c)

Spending is keeping money for short-term or long-term use.

d)

Expenditure is receiving wages for doing or providing services.

9.

How can we save?

a)

Control your desires.

b)

Limit spending.

c)

Put the money in a savings box or deposit it in the bank.

d)

All of the choices are correct.

10.

What is the definition of the word "Want"?

a)

Things that must be had to sustain daily life.

b)

Something that you wish for but not required.

c)

Desire to posses or do something.

d)

Getting things that you dislike.

11.

Which of the following definition of "Donation" is correct?

a)

Keep money for short-term or long-term use.

b)

Use money to buy things or use services.

c)

Get paid for doing or providing services.

d)

Spend time, money, belongings, knowledge to help others without expecting anything in return.

12.

Which of the following definitions of Spending money is correct?

a)

Keep money for short-term or long-term use.

b)

Use money to buy things or use services.

c)

Get paid for doing or providing services.

d)

Spend time, money, belongings, knowledge to help others without expecting anything in return.

13.

What do you need to do to be able to spend smartly?

a)

Stop thinking before spending, understand what needs and wants are before shopping.

b)

Compare and test alternatives before deciding.

c)

Focus on the goal to avoid temptation.

d)

All of the choices are correct.

14.

Where is money produced?

a)

Company

b)

Bank

c)

Cash-printing factory

d)

ATM

15.

After the money is printed, where will it be transferred?

a)

Money is circulated to banks, ATMs to serve human purposes.

b)

The money is transferred to the hospital.

c)

Money is transferred to the supermarket.

d)

Money is circulated to the cinema.

16.

Why should we help friends who have a harder time than we are?

a)

Helping friends in need with money, time and material will make the world a better place.

b)

Helping friends in need with money will make the world a better place.

c)

Helping friends in need with money and time will make the world a better place.

d)

Helping friends in need with material things will make the world a better place.

17.

In Lesson 2: What is making money?

a)

Realize that making money is very hard, making money based on your own ability.

b)

Understand that if you buy something, you have to use money to buy it.

c)

Both statements are correct.

d)

Both statements are incorrect.

18.

What is the "SMART" formula in smart consumption?

a)

S (Stop and Think), M (Make a plan), A (Ask question), R (Review information), T (Take action)

b)

S (Stop and Think), M (Map), A (Arrow), R (Review information), T (Take action)

c)

S (Stop and Think), M (Make a cake), A (Answer the question), R (Review information), T (Take action)

d)

S (Stop and Think), M (Money), A (Ask question), R (Review information), T (Take action)

19.

Where can you keep your savings?

a)

Savings box

b)

Bank

c)

To your parents

d)

All of the choices can be consider.

20.

In the video "It's Got To Be Earned", Zul saw a toy car advertisement on TV and really wanted to have that car. What did his parents say?

a)

They said No

b)

They said Yes

c)

They said "Here's the money. Go buy one".

d)

They said he has plenty of toy car already.

21.

Zul saw a toy car advertisement on TV and really wanted to have that car. How did Zul earn the money for the car?

a)

Zul asked his parents to give him the money he needs.

b)

Zul asks for donations from his friends.

c)

Zul earned the money by selling apples he picked from a tree.

d)

Zul got the toy car for free.

22.

Why do people need money?

a)

To have savings.

b)

To pay for their own things.

c)

To have something on their wallet.

d)

To show the people around them that they have money.

23.

How do people earn money?

a)

People earn money by asking their parents.

b)

People earn money by receiving donations.

c)

People earn money by saving.

d)

People earn money by going to work.

24.

Is it easy to earn money?

a)

No. People need to work hard for that.

b)

Yes. It's pretty easy.

c)

Yes. You don't have to do anything.

d)

Yes. You just have to sit back and relax.

25.

What can you do to earn money?

a)

Work at a very young age.

b)

Beg people to give you money.

c)

Learn to be really good at the things we love doing.

d)

Ask your parents to provide money for you.

26.

What is Prudence good at?

a)

Budgeting

b)

Spend

c)

Donate

d)

Shopping

27.

What Charity likes to do?

a)

Shopping

b)

Play with toys

c)

Helping others

d)

Travelling

28.

What are the 4 money management concepts we learned in Cha-Ching

a)

Earn

b)

Invest

c)

Save

d)

Spend

e)

Donate

29.

When Zul wants to buy something he likes, what does he do?

a)

Work to earn the money to buy

b)

Borrow from friends

c)

Ask from parents

d)

Didn't buy in the end

30.

In the music video "Big Big Waste of Money", each member regrets wasting money on unnecessary purchases and gives advice on how to spend money wisely. Which of the following is not one of them?

a)

Be yourself

b)

Don't be fooled by ads

c)

Earn your own money through hard work

d)

Try before you buy

31.

Identify which of the following is NOT a "Spend" activity.

a)

Prudence paying for lunch

b)

Bobby buying a magazine

c)

The manager renting a speaker for the show

d)

Pepper giving money for Give 4 Grain

32.

Identify which of the following is NOT an "Earn" activity.

a)

Justin getting a new guitar string

b)

Justin selling a lemonade

c)

Pepper's Dad selling a book

d)

The driver delivering a grain

33.

In the first lesson called, "Earn, Save, Spend, Donate" the ________ activities best help children identify the four key activities that can be done with money: earn, save, spend, donate.

a)

Money earning

b)

Money flow

c)

Personal budget planning worksheet

d)

Scenario worksheet

34.

By encouraging Bobby to resist the immediate reward of buying candy to save for a drum set, Prudence taught him the importance of:

a)

Delayed gratification

b)

Social responsibility

c)

Financial projection

d)

Interest rates

35.

The Cha-Ching curriculum explains ________ as having enough money to pay for something.

a)

Spend

b)

Compare

c)

Want

d)

Afford

36.

Financial literacy is a critical life skill that only adults can learn through personal life experiences.

a)

True

b)

False

37.

The video "Spend Your Money Wisely, My Friend" encourages children to analyze their available resources and always prioritize what they want over what they need.

a)

True

b)

False

38.

Companies today are developing programs for corporate ________ where people are encouraged to patronize their products and services and in return, these companies share part of the income as donation to deserving charitable beneficiaries.

a)

Social responsibility

b)

Marketing purpose

c)

Operational purpose

d)

Research and Development purpose

39.

If you have $100 in your savings account and the interest rate was 3% per year. After 5 years, How much do you think you would have in the account if you left the money to grow?

a)

More than $103

b)

Exactly $103

c)

Less that $103

d)

None of the above

40.

Cha-Ching helps students to decide what they can donate in different scenarios to be more aware of difficult situations happening to others around them and be encouraged to make a pledge of ________, items and/or money to donate.

a)

Loyalty

b)

Time

c)

Allegiance

d)

Secrecy

41.

In the ________, children are encouraged to record the money they receive and spend daily/weekly. Teachers are also encouraged to remind children to record the amount of money and time duration needed to achieve their goals.

a)

Spending Challenge

b)

Saving Challenge

c)

Earning Challenge

d)

Donating Challenge

42.

The Cha-Ching curriculum encourages children to identify unwanted clothes and give them to charitable causes for distribution to those in need.

a)

True

b)

False

43.

Which item below would certainly depreciate if you spend your money to purchase it?

a)

House

b)

Gold

c)

Car

d)

Bank Deposit

44.

Using the ________, students are introduced to the concept of "earning through working" by designing and estimating the cost of their dream room; listing skills that they are good at or activities they love to do; and identifying ways to earn money through these skills and activites.

a)

My Room Worksheets

b)

My Money Flow Sheets

c)

Personal Budget Planning Worksheets

d)

Plan

45.

Ang apat na pamperang konsepto ay kumita, (a)   , gumastos, at magkawanggawa. Ano ang nawawala sa patlang.

46.

Ito ay tumutukoy sa paggastos ng pera ng walang disiplina? Ano ito?

(a)  

47.

Sino ang bumili ng dalawang pares ng pantalon at nag aksaya ng pera dahil hindi naman pala kasya sakanya ang pantalon?

(a)  

48.

Anong klaseng pag aaksaya ng pera ang ginawa ni Charity ayon sa komik-istrip na nabasa ninyo?

a)

Bumili ng hamburger dahil sa indorso ng tanyag na tao o artista.

b)

Gumamit ng pabango dahil sa indorso ng tanyag na tao o artista.

49.

Ano ang binili ni Bobby na nag-aksaya sya ng pera, na iba nag makikita sa larawan kaysa sa ibinigay sakanya?

(a)  

50.

Saan binili ni Bobby ang hamburger na iba kaysa nasa larawan?

(a)  

51.

Ilang pakete ng aralin ang binili ni Prudence upang matutunan ang pagsakay sa kabayo na naaksaya lamang?

(a)  

52.

Ang bagay na hindi kailangan ay pwede mo ng ipamigay sa mas nangangailangan. Ano ang pamperang konsepto ang iyong ipinakita?

(a)  

53.

Gumastos lamang nang tama at ipunin ang natitirang pera para sa darating na pangangailangan.

a)

Tama

b)

Mali

54.

Bilhin lamang ang mga bagay na tinatangkilik ng tanyag na tao o artista kahit hindi ito matibay.

a)

Tama

b)

Mali