Year 9 Economics & Business (Oxford Ch 3.3 & 3.4)

Which website provides information about current scams targeting Australians?

• Scamster

• Scamwatch

• Scam Radar

• Scam Alert

Which government body promotes competition and fair trade in markets to benefit consumers, businesses and the community?

• ASIO

• ASIC

• ACCC

• ASEAN

Which types of scam is this:

An email offering an investment opportunity in vaccines.

• Scams that target emotions

• Investment and online account scams

• COVID-19 scams

Which types of scam is this:

A person coming to your front door, posing as a real charity and asking for money.

• Scams that target emotions

• Investment and online account scams

• COVID-19 scams

Which types of scam is this:

An email pretending to be from a bank and asking for bank details

• Scams that target emotions

• Investment and online account scams

• COVID-19 scams

In the text message shown, what type of scam is taking place?

• Skimming

• Phising

• Charity scam

Which of the following strategies is not an appropriate way of protecting yourself from online scams? 

• Don’t click on any hyperlinks in text/social media messages or emails.

• Never respond to a text, email or phone request for your personal or financial details.

• Forward the link or message to your friend and ask them to check if it is valid.

• Never give remote access to your computer to a stranger.

What does PIN stand for?

• Personal Initiation Number

• Private Identification Number

• Personal Identification Number

• Private Initiation Number

What is one way to be safe with your PIN?

• Use your birthdate as your PIN because it's easy to remember

• Never write your PIN on your card

• Tell the bank your PIN if they ask for it over the phone

• Share your PIN with someone trustworthy in case you forget it

Which of the following best describes a savings account?

• a bank account specifically for the purposes of depositing money and earning interest

• a brokerage account for the purpose of investing in equities

• an account held at a bank from which money can be withdrawn on demand

• none of the above