Unit 2 - Consumer Skills

Comparison Shopping

• The practice of comparing the price of products or services from different vendors before buying, often to find the best deal or price.

• An opportunity that encourages you to purchase a specific item (eg a discount).

• A sum of money (added to the bill total) given by a customer to a waiter or waitress for their service.

• A type of bank account that allows a person to deposit and withdraw their money.

Coupons

• A voucher providing a discount for a particular item when purchased.

• A deduction from the usual cost of something.

• An opportunity that encourages you to purchase a specific item (eg a discount).

• A document acknowledging that a person has received money or property after a sale.

Discounts

• A deduction from the usual cost of something.

• A voucher providing a discount for a particular item when purchased.

• A distinctive attribute or quality of something.

• A sum of money (added to the bill total) given by a customer to a waiter or waitress for their service.

Receipt

• A document acknowledging that a person has received money or property after a sale.

• A mandatory financial charge that the government adds to the cost of some goods, services, and transactions.

• A person who purchases goods and services for personal use.

• A sum of money (added to the bill total) given by a customer to a waiter or waitress for their service.

Tax

• A mandatory financial charge that the government adds to the cost of some goods, services, and transactions.

• A document acknowledging that a person has received money or property after a sale.

• A sum of money (added to the bill total) given by a customer to a waiter or waitress for their service.

• An amount of money you take out of a bank account.

Tip

• A sum of money (added to the bill total) given by a customer to a waiter or waitress for their service.

• A mandatory financial charge that the government adds to the cost of some goods, services, and transactions.

• A voucher providing a discount for a particular item when purchased.

• An amount of money you take out of a bank account.

ATM

• Automatic Teller Machine. Allows a customer to take out physical currency from their bank account.

• A document that tells a bank to pay a specific amount of money from one person's account to another person's account.

• The monthly record of your account transactions sent to you by your bank.

• The amount of money you have in your bank account.

True or False: A Withdrawal is an amount of money you add to a bank account.

• False

• True

Balance

• The amount of money you have in your bank account.

• The amount of coins you have in your piggy bank

• A type of bank account that allows a person to deposit and withdraw their money.

• A document acknowledging that a person has received money or property after a sale.

True or False: A Checking Account is a type of bank account that allows a person to deposit and withdraw their money.

• True

• False