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NGPF Middle School Unit 2 Consumer Skills Review

Total questions: 37

Worksheet time: 20mins

Name
Class
Date
1.

Rate yourself on this skill: Explain when and how to comparison shop

a)

I'm an expert

b)

I know some

c)

I don't know this.

2.

Rate yourself on this skill: Describe how stores use discounts, coupons, and other promotions

a)

I'm an expert

b)

I know some

c)

I don't know this.

3.

Rate yourself on this skill: Reading a receipt

a)

I'm an expert

b)

I know some

c)

I don't know this.

4.

Rate yourself on this skill: Know how to use a checking account.

a)

I'm an expert

b)

I know some

c)

I don't know this.

5.

Rate yourself on this skill: Compare different ways to pay including prepaid cards, gift cards, P2P payment apps, and mobile wallets

a)

I'm an expert

b)

I know some

c)

I don't know this.

6.

Marcus checks his _____ at the end of the month to review his transactions.

a)

ATM

b)

coupon

c)

receipt

d)

statement

7.

When you buy something and get money taken off the price, you've gotten a(n) ______.

a)

check

b)

coupon

c)

discount

d)

tip

8.

Jordan went to the ______ outside the grocery store to get $20 in cash before heading to the movies

a)

ATM

b)

comparison shop

c)

deposit

d)

promotion

9.

Before buying something expensive, it's wise to _______ to make sure you're getting the best deal.

a)

check

b)

comparison shop

c)

withdrawal

d)

debit card

10.

After buying clothes at the mall, Jess kept their _____ in case they needed to return anything or track their spending.

a)

coupon

b)

gift card

c)

receipt

d)

statement

11.

A(n) _____ is a way to pay with your phone instead of using cash or a physical card.

a)

check

b)

coupon

c)

peer to peer payment app

d)

mobile wallet

12.

When you make a(n) _____, you are adding money to your bank account.

a)

deposit

b)

withdrawal

c)

promotion

d)

discount

13.

Instead of giving cash for her birthday, I gave my friend a(n) _____ to her favorite store

a)

check

b)

coupon

c)

gift card

d)

receipt

14.

After dining out at a restaurant, Sophie added a $5 _____ to the bill to thank the server for great service.

a)

coupon

b)

discount

c)

tax

d)

tip

15.

If you sent money to a friend through Venmo or Cash App, you are using a(n)

a)

ATM

b)

mobile wallet

c)

peer-to peer payment app

d)

prepaid card

16.

Is comparison shopping being used in this situation: Liam needs a new pair of sneakers. He goes online, finds a pair he likes n the first website, and buys them without looking anywhere else.

a)

Yes

b)

No

17.

Is comparison shopping being used in this situation: Maya wants a new backpack for school. She checks prices at three different stores, reads reviews online, and then buys the one with the best price and quality.

a)

Yes

b)

No

18.

Is comparison shopping being used in this situation: Ava always buys the same brand of cereal because it’s her favorite. She doesn’t look at other brands or prices.

a)

Yes

b)

No

19.

Is comparison shopping being used in this situation: Chris is getting a new bike. He visits four different bike shops, tries out different models, and compares the prices and features before choosing one

a)

Yes

b)

No

20.

Sharon finds a bag that is $27.99. She has a $3 coupon. What is the final price?

(a)  

21.

Alex finds a pair of jeans for $27.99. The store is offering a 30% discount. What will they cost now?

(a)  

22.

You just went to your favorite restaurant and paid for your meal with your credit card. Identify the information you would find on your receipt.

a)

Date and time of your visit

b)

What you ordered

c)

Your home address

d)

The total amount you owed

e)

Your orders from previous meals

23.

You can pay bills through a checking account.

a)

True

b)

False

24.

You use a credit card with your checking account.

a)

True

b)

False

25.

Some banks may charge you an overdraft fee if you don't have funds to cover a purchase.

a)

True

b)

False

26.

You need to have at least $2,500 to open a checking account.

a)

True

b)

False

27.

Checking account statements only show withdrawals, not deposits.

a)

True

b)

False

28.

Would the following action increase or decrease the balance in your checking account: Deposit cash at a local bank branch?

a)

Increase

b)

Decrease

29.

Would the following action increase or decrease the balance in your checking account: Make a purchase with your debit card?

a)

Increase

b)

Decrease

30.

Would the following action increase or decrease the balance in your checking account: Mobile deposit a check?

a)

Increase

b)

Decrease

31.

Would the following action increase or decrease the balance in your checking account: Transfer money from another account?

a)

Increase

b)

Decrease

32.

Would the following action increase or decrease the balance in your checking account: Pay a bill through your online account?

a)

Increase

b)

Decrease

33.

Would the following action increase or decrease the balance in your checking account: Withdraw cash from an ATM?

a)

Increase

b)

Decrease

34.

What would be the best form of payment to use: You’re splitting a restaurant bill with three friends after dinner?

a)

Prepaid Card

b)

Gift Card

c)

Peer-to-Peer Payment App

d)

Mobile Wallet

35.

What would be the best form of payment to use: You want to give your cousin a $25 birthday gift they can use at their favorite clothing store?

a)

Prepaid Card

b)

Gift Card

c)

Peer-to-Peer Payment App

d)

Mobile Wallet

36.

What would be the best form of payment to use: You don’t have a bank account but want a safe way to make everyday purchases?

a)

Prepaid Card

b)

Gift Card

c)

Peer-to-Peer Payment App

d)

Mobile Wallet

37.

What would be the best form of payment to use: You’re checking out quickly at the grocery store and prefer not to carry your physical debit card?

a)

Prepaid Card

b)

Gift Card

c)

Peer-to-Peer Payment App

d)

Mobile Wallet