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Managing Your Money Review Flashcards | StudBud
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Managing Your Money Review
Managing Your Money Review
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Flashcards
24 cards
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Questions
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Answers
1
When evaluating ads, it is best to separate your ____________ from facts.
time
emotions
money
beliefs
2
The most expensive item does NOT mean it is the best quality.
So true!
Um, I only wear Gucci.
If it is more expensive, it must be the best!
3
An IMPULSE purchase is something
you didn't intend to buy.
I choose all of those answers.
probably not on your list.
you probably don't need.
4
You should ALWAYS trust celebrity endorsements of products.
Uh duh! Didn't you know celebs are experts in everything?
Uh yeah, that's a hard pass.
5
As a consumer, you have the right to __________.
steal
choose
yell
safety
6
Image ads often ______________.
use celebrities
promote unnecessary items
All of those are correct.
tell the consumer they will be happier (etc.)
7
A good shopper gets the best deal for their money.
Occasionally
Absolutely
Of course
Not all the time
8
A person who buys goods and services is called a ___________.
consumer
guy
girl
shopper
9
A service is a work performed by someone else.
Yes, sir!
Uh, no, that's the definition of a good.
Yes, ma'am.
10
Slogans might help you remember an item, but they do not guarantee _______________.
quality
the best price
satisfaction
Technically, all of those options are true.
11
Most ads only highlight their __________ features.
best
sort of okay
worst
12
Factory outlets typically have _________ items.
lame
cheaper
better
terrible
13
An _________ is a message that persuades consumers (YOU) to buy a product or a service.
Advertisement
Magazine
Movie
Websites
14
Which of the following does NOT HAVE TO BE on a clothing label?
Care instructions
ingredients
Where the item was made
Who made the item
15
Which of the following would NOT be considered a good?
Dr. Martens
Uber
MacBook Air
Pizza
16
A lot of decisions need to be made in order to make a purchase.
So many decisions!
Not if you are doing it right.
17
When making a return, you should bring your _____________.
smile
receipt
wallet
18
Which of the following will NOT be on a food label?
calories per serving
fiber content
serving size
nutrition information
19
Comparing prices at different stores can help you be a better shopper.
Yep, yep, yep.
Nope, nope, nope.
20
Sale items might be cheaper, but they might not be the best ___________.
style
fit
quality
size
21
A warranty will ALWAYS cover the whole product.
Not all of the time.
Yes.
I think so.
Maybe?
22
To become a good shopper, it is best to
wait to buy an item.
buy the cheapest item.
read labels.
always carry cash.
23
A ____________ is the manufacturer's promise to fix a broken/damaged product.
necessity
warranty
good idea
24
Advertisements can come in many forms.
Yes.
No.