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Consumer Skills Unit Test

Total questions: 15

Worksheet time: 8mins

Name
Class
Date
1.

Which statement best describes comparison shopping?

a)

Buy many brands of the same item, see which you like best, and return the rest

b)

Set a budget, choose features you want, and find stores or brands that fit your needs

c)

Visit many stores and ask for lower prices until one is affordable

d)

Start a website to compare store prices of items you buy

2.

What is an important first step when shopping for a new bicycle?

a)

Decide what bicycle features you care most about

b)

Visit the store that sells the least expensive bicycles

c)

Locate a coupon for bicycles

d)

Sell your old bicycle

3.

Randall needs to buy donuts and running shoes today. For which item should he do more comparison shopping?

a)

Neither — both are very easy purchases

b)

The donuts — because he wants many flavors

c)

The shoes — because they need to fit well and last

d)

Both — you should comparison shop for everything

4.

Sofia wants to buy jeans. At Pants World, they cost $40 with 25% off.

At All Clothes, they cost $38 with a $6 coupon. Which is the better deal?

a)

Buy at Pants World, final price is 15

b)

Buy at Pants World, final price is $30

c)

Buy at All Clothes, final price is 32

d)

Buy at All Clothes, final price is 34

5.

Why do stores offer "Buy One, Get One Free" deals?

a)

Stores advertise the deal but charge for both items at checkout

b)

Stores make money because you pay taxes on the second item

c)

Most stores don't care about profit, so they give away free items

d)

These deals encourage customers to buy more and stay loyal to the store

6.

Which of these is NOT usually found on a restaurant receipt?

a)

Date and time of dining

b)

Total cost

c)

Tax and tip

d)

Total money in your bank account

7.

Which receipt should Naya keep the longest?

a)

CVS receipt for juice and ponytail holders

b)

Mall store receipt for shirts and pants she tried on

c)

Restaurant receipt for sandwich, salad, and lemonade

d)

Target receipt for bluetooth headphones and a toy for her niece

8.

How many items did Ruth buy at the cafe?

a)

1

b)

2

c)

3

d)

4

9.

How much did Ruth pay for her meal at the cafe?

a)

$1.17

b)

$11.70

c)

$12.87

d)

$14.50

10.

Complete the sentence: A checking account statement...

a)

is a receipt from a store when you use a check

b)

shows the bank's fee policies

c)

lists all your purchases and deposits from the past month

d)

lets you get a student loan

11.

Which of these actions will increase the balance in your checking account?

a)

Write a check to pay rent

b)

Withdraw cash from an ATM

c)

Deposit your paycheck

d)

Use your debit card to buy groceries

12.

What do you need to open a checking account?

a)

ID and proof of address

b)

At least $50

c)

A report card

d)

Two recommendation letters

13.

How does Chang use his mobile wallet to pay at a t-shirt shop?

a)

He holds his smart phone next to the store's checkout terminal

b)

He uses his laptop to buy the item on the store's website

c)

He scans the store receipt using his cell phone within the next 24 hours

d)

He uses his phone to buy a gift card from the store and then buys the t-shirt with the gift card

14.

What is the main difference between a prepaid card and a gift card?

a)

Prepaid cards can be used online, but gift cards cannot

b)

Prepaid cards are plastic, but gift cards are usually cardboard

c)

Prepaid cards work at many stores, but gift cards are usually for one store

d)

Prepaid cards are only for people without checking accounts, but gift cards are for everyone

15.

Why would someone use a peer-to-peer payment app?

a)

To deposit a paycheck

b)

To buy groceries

c)

To pay back a friend

d)

To track spending