Write your answers on the Pretest/Posttest Answer Sheet in the Citizen Guide ...
JA BizTown Pretest/Posttest ... c. how people trade using barter in an economy.
JA BizTown Pretest/Posttest Write your answers on the Pretest/Posttest Answer Sheet in the Citizen Guide as instructed by your teacher. SECTION 1: MULTIPLE CHOICE Circle the best answer. (1 point each.)
1.
Which of the following best describes a community?
a. b. c. d.
2.
Which of the following best describes a citizenship right for the individual?
a. b. c. d.
3.
Which of the following is a capital resource?
a. b. c. d.
4.
Which of the following is the best definition of market?
a. b. c. d.
5.
Karen took her savings and began a business to make customized scooters. This best describes the economic freedom to:
a. b. c. d.
a system of spending, saving, and investing a place where people live, work, trade, and share a democracy with free enterprise a democracy with free enterprise and philanthropy
Margaret had to finish her homework before she went to bed. Rachel volunteered to clean up the roadside by her school. Colin gave an unpopular speech about peer pressure. Darrion spent 15 extra minutes on his work break.
oil factory truck driver land
a place where people find work, even if they are already working at some business trading money for goods and services instead of using a barter system system for exchanging goods, services, and resources between people and businesses a physical location where businesses sell goods and services and people buy them
buy goods and services. own property. invest in a business. choose how to work.
Pt - 1
JA BizTown Pretest/Posttest Answer questions 6-8 on the basis of the following diagram.
GOODS AND SERVICES MARKETS
A B
People
Businesses
C D RESOURCES MARKETS 6.
The entire diagram above represents:
a. b. c. d.
7.
A business manager would be part of which arrow?
a. b. c. d.
8.
A paycheck would be part of which arrow?
a. b. c. d.
the circular flow of economic activity. the flow of imports and exports. how people trade using barter in an economy. how businesses sell goods and services to people.
a b c d
a b c d
Pt - 2
JA BizTown Pretest/Posttest 9.
Why can’t people have everything they want?
a. They don’t have enough money. b. Resources are limited. c. They have to pay taxes. d. They don’t work hard enough.
10.
Jin sold 30 hot dogs for $1.00 each, and she had expenses of $24. What is Jin’s profit?
a. b. c. d.
11.
To which career type does a teacher best demonstrate?
a. b. c. d.
12.
Which of the following is NOT an example of a public good or service?
a. b. c. d.
13.
Taxes are:
a. b. c. d.
14.
An institution developed to increase the well-being of others is called a:
a. b. c. d.
$30 $24 $6 Zero; she didn’t earn a profit.
data people ideas things
roads and bridges automobile insurance police protection city park
required payments to government. payments for private goods and services. payments for philanthropy. payments for business operations.
market. resource. capital improvement. nonprofit organization.
Pt - 3
JA BizTown Pretest/Posttest 15.
Jackson got a $25 gift certificate. He went to a department store and saw a book, a shirt, and a game that he wanted. Each sold for $25. Jackson liked the boo k the best, then the game, and then the shirt. He chose the book. What is his opportunity cost?
a. b. c. d.
16.
Gina writes checks when she buys things. Last week, the bank called her about a bounced check from her account. What does that mean?
a. b. c. d.
17.
Liam thinks he is ready to be an effective employee. He knows it is important to arrive at work on time, dress appropriately, and treat customers with respect. What type of skills has Liam worked hard to develop?
a. b. c. d.
18.
The amount an employee earns before taxes are deducted is called:
a. b. c. d.
19.
The person that hires one or more people, usually for a salary, is called the:
a. b. c. d.
the book the game the shirt the game and the shirt
She was supposed to get cash instead of writing a check. She wrote the check for an incorrect amount. She wrote the check with a date of a previous month. She didn’t have enough balance in her checking account.
conflict resolution soft skills negotiation skills interests
net pay. gross pay. pre-tax pay. net deposit pay.
employee. entrepreneur. employer. CFO.
Pt - 4
JA BizTown Pretest/Posttest 20.
Which of the following is an example of an entrepreneur?
a. b. c. d.
21.
The part of the paycheck that gives the employee a record of pay and payroll deductions is called the:
a. b. c. d.
someone who designs and successfully markets a listening device someone who sells more hamburgers than anyone else someone who pays off his or her bank loan someone who works in all four career types
net pay. pay stub. register. deposit.
Pt - 5
JA BizTown Pretest/Posttest SECTION 2: FILL IN THE BLANK Fill in the appropriate blanks to complete the checkbook components. (1 point for each blank.) 22. – 24. Read the following information and complete the check. (3 points)
On March 14, James Dunn deposited $5.00 into his checking account. Later that day he bought a gift for his friend at Macy’s. He wrote a check for $3.75. 111
James Dunn
Name P O
NO
March 14, 20 07
N-N
TM
EGO
Bank
$
TIA
Dollars
BLE
gift
Memo
3.75
Acct.#
049
25. – 27. Use the information from items 22. – 24. to complete this register. (3 points)
RECORD ALL CHARGES OR CREDITS THAT AFFECT YOUR ACCOUNT NUMBER
DATE
3/14
TRANSACTION DESCRIPTION
PAYMENT/DEBIT (-)
FEE
DEPOSIT/CREDIT (+)
(IF ANY)
$
5 00
Deposit
BALANCE
15 00
+5 00 20 00
111 3/14 Macy’s
28. – 30. Use the following information to complete the deposit ticket. (3 points)
Mark Hill received his $62 paycheck. He’s going to a movie tonight, so he wants to get $20 cash when he makes his deposit at the bank. DEPOSIT TICKET Name
Mark Hill
CASH
. . 62 .00 . . . . .
CURRENCY COIN
LIST CHECKS SINGLY
TM
Bank
SUBTOTAL LESS CASH RECEIVED
Date
March 17
20
07
NET DEPOSIT
$
Deposits may not be available for immediate withdrawal.
Mark Hill
Signature required for cash received.
Acct.#
132
Pt - 6
Pretest/posttest Answer key Name Complete Sections 1 and 2. There is a second page to this test. SECTION 1: MULTIPLE CHOICE Circle the best answer. (1 point each.)
1.
a
b
c
d
12.
a
b
c
d
2.
a
b
c
d
13.
a
b
c
d
3.
a
b
c
d
14.
a
b
c
d
4.
a
b
c
d
15.
a
b
c
d
5.
a
b
c
d
16.
a
b
c
d
6.
a
b
c
d
17.
a
b
c
d
7.
a
b
c
d
18.
a
b
c
d
8.
a
b
c
d
19.
a
b
c
d
9.
a
b
c
d
20.
a
b
c
d
10.
a
b
c
d
21.
a
b
c
d
11.
a
b
c
d
Pt - 7
Pretest/posttest Answer key Name SECTION 2: FILL IN THE BLANK Fill in the appropriate blanks to complete the checkbook components. (1 point for each blank.) 22. – 24. Read the following information and complete the check. (3 points)
On March 14, James Dunn deposited $5.00 into his checking account. Later that day he bought a gift for his friend at Macy’s. He wrote a check for $3.75. 111
James Dunn
Name P O
N Macy’sO
Three and 75/100 TM
March 14, 20 07
N-N
EGO
Bank
$
TIA
Dollars
BLE
gift
Memo
3.75
Acct.#
James Dunn
049
25. – 27. Use the information from items 22. – 24. to complete this register. (3 points)
RECORD ALL CHARGES OR CREDITS THAT AFFECT YOUR ACCOUNT NUMBER
DATE
3/14
TRANSACTION DESCRIPTION
PAYMENT/DEBIT (-)
FEE
DEPOSIT/CREDIT (+)
(IF ANY)
$
5 00
Deposit
111 3/14 Macy’s
3 75
BALANCE
15 00
+5 00
20 00
-3 75
16 25
28. – 30. Use the following information to complete the deposit ticket. (3 points)
Mark Hill received his $62 paycheck. He’s going to a movie tonight, so he wants to get $20 cash when he makes his deposit at the bank. DEPOSIT TICKET Name
Mark Hill
CASH
. . 62 .00 . . 62 .00 20 .00 42 .00
CURRENCY COIN
LIST CHECKS SINGLY
TM
Bank
SUBTOTAL LESS CASH RECEIVED
Date
March 17
20
07
NET DEPOSIT
$
Deposits may not be available for immediate withdrawal.
Mark Hill
Signature required for cash received.
Acct.#
132
Pt - 8
Pretest/posttest Answer sheet
Name Complete Sections 1 and 2. There is a second page to this test. SECTION 1: MULTIPLE CHOICE Circle the best answer. (1 point each.)
1.
a
b
c
d
12.
a
b
c
d
2.
a
b
c
d
13.
a
b
c
d
3.
a
b
c
d
14.
a
b
c
d
4.
a
b
c
d
15.
a
b
c
d
5.
a
b
c
d
16.
a
b
c
d
6.
a
b
c
d
17.
a
b
c
d
7.
a
b
c
d
18.
a
b
c
d
8.
a
b
c
d
19.
a
b
c
d
9.
a
b
c
d
20.
a
b
c
d
10.
a
b
c
d
21.
a
b
c
d
11.
a
b
c
d
Pt - 9
Pretest/posttest Answer sheet Name SECTION 2: FILL IN THE BLANK Fill in the appropriate blanks to complete the checkbook components. (1 point for each blank.) 22. – 24. Read the following information and complete the check. (3 points)
On March 14, James Dunn deposited $5.00 into his checking account. Later that day he bought a gift for his friend at Macy’s. He wrote a check for $3.75. 111
James Dunn
Name P O
NO
March 14, 20 07
N-N
TM
EGO
Bank
$
TIA
Dollars
BLE
gift
Memo
3.75
Acct.#
049
25. – 27. Use the information from items 22. – 24. to complete this register. (3 points)
RECORD ALL CHARGES OR CREDITS THAT AFFECT YOUR ACCOUNT NUMBER
DATE
3/14
TRANSACTION DESCRIPTION
PAYMENT/DEBIT (-)
FEE
DEPOSIT/CREDIT (+)
(IF ANY)
$
5 00
Deposit
BALANCE
15 00
+5 00 20 00
111 3/14 Macy’s
28. – 30. Use the following information to complete the deposit ticket. (3 points)
Mark Hill received his $62 paycheck. He’s going to a movie tonight, so he wants to get $20 cash when he makes his deposit at the bank. DEPOSIT TICKET Name
Mark Hill
CASH
. . 62 .00 . . . . .
CURRENCY COIN
LIST CHECKS SINGLY
TM
Bank
SUBTOTAL LESS CASH RECEIVED
Date
March 17
20
07
NET DEPOSIT
$
Deposits may not be available for immediate withdrawal.
Mark Hill
Signature required for cash received.
Acct.#
132
Pt - 10