WorksheetsConsumer Skills Review
Total questions: 14
Worksheet time: 42mins
What is comparison shopping?
Buy many brands of the same item, see which you like best, and return all the rest
Visit many stores and ask the salespeople to lower the price until one offers something you can afford
Set a budget, decide what features you want, and see which stores/brands best fit your needs
Start your own website that compares the current store prices of items you shop for regularly
You're going to buy a new scooter. What should be one of your first steps in comparison shopping?
Visit the store that sells the least expensive scooters
Decide what features you care most about
Locate a coupon
Sell your old scooter
Sammy needs to make two purchases today -- a box of cookies to share with his homeroom and a new glove for the upcoming baseball season. For which item should he do MORE comparison shopping?
The glove- because it needs to fit courrecly and last for the whole season
Both
Cookies
Neither
Ally wants to buy a new pair of shoes. At Shoe World, the shoes she wants cost $50 and they're having a 25% off sale. At All Shoes, the same shoes cost $48 and she has a $7 off coupon. What is the best deal?
Shoe World, because the cost after discount will be $12.50
Shoe World, because the cost after discount will be $37.50
All Shoes because of the cost after the coupon will be $41
Shoe world because the cost after the coupon will be $35
A popular promotion at stores is "Buy One, Get One Free." Why do stores offer this deal to their customers?
Most stores are not trying to make a profit, so it doesn't matter if they give away free items
Stores promote the deal but make you pay for the second item anyway once you're at the cash register
Stores make money because you still have to pay taxes on the second item
Great deals convince customers to buy things they don't need and stay loyal to the store or brand
What is NOT a common item to see on your receipt?
The tax and tip that were added to your bill
The total money in the bank account you used to pay
The total cost of your food and drinks
The date and time of your dining
Quincy has done a lot of shopping recently. Which receipt should he probably keep the longest?
A receipt from Walmart that he purchased a new laptop for him and a new game for his nephew's bday.
Restaurant receipt for a burger
Mall receipt for some clothes that he tried and did fit.
A Walgreens receipt for a snack and some highlighters
How many items were purchased?
1
2
3
4
How much did they pay?
$1.92
$29.47
$31.39
$12.50
What is a checking account statement?
It allows you to take out a student loan for college
It tells you bank policies on fees
It lists all purchases and deposits you've made in the previous month
It is a receipt from the store
Which of the following transactions will REDUCE the amount of money in your checking account?
depositing a check you got for your bday
transferring funds from your savings to your checking
using your debit card to get money from an ATM
Buying a new pair of shoes with cash
What do you need in order to open a checking account?
$50
letters of recommendation
report card
form of id and proof of address
What is the main difference between a prepaid card and a gift card?
prepaids are made of plastic and gift cards are cardboard
prepaids can't be used to shop online
prepaids can be used at many different stores, gift cards are usually for a specific store
prepaids are only for people with a checking account
Sarah wants to use her mobile wallet at a thrift store on vacation. What does she need to do to pay for the item?
scan the store receipt using their cell phone in the next 24 hours
use her laptop to buy it on the store website
hold their smart phone near the checkout terminal
use her phone to buy a gift card from the store and then buy the item
