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FCS Test
| Term | Definition |
|---|---|
| impulse buying | making unplanned purchases at the spur of the moment |
| income | the amount of money you have coming in |
| heard | consumers have a voice in making laws that affect them with the right to be _____ |
| choose | consumers have the right to ____ from a variety of goods and services at competitive prices |
| budget | a plan for spending and saving the money you have available |
| memo | this is the section on the check that allows you to make a note on what you wrote the check for |
| comparison shopping | involves taking time to compare products, prices, and services |
| fraction | when writing out the cents on a check it must be written in a _____ |
| deposit | putting money into an account |
| debit | what kind of card is used to make purchases where money comes directly out of checking account |
| warranty | a guarantee about a product for a certain time |
| cursive | always write your check in ___ because it makes it harder for someone to forge your information |
| consumers education | the right to ___ is where all consumers are entitled to information about consumer issues |
| consumer | a person who makes a purchase is a ____ |
| a line | you should draw this after writing the amount on your check so no one can add to it |
| check register | a place in your checkbook where you keep record of the checks you write and the deposits you make |
| informed | business must give consumers honest and relevant facts about goods and services with the right to be ____ |
| redress | consumers have the right to have a wrong corrected quickly and fairly with the right to _____ |
| interest | if you don't pay off your credit card each month you will end up accumulating this on top of your original balance |
| responsible | someone who returns money if given too much is a ____ shopper |
| credit | an arrangement by which you purchase things now and pay for them later |
| dollar | when writing out the amount of the check in words, what word do you not write on the line because it is already printed for you |
| consumer | a person who purchases goods and services produced by others |
| safety | consumers are protected against the sales of dangerous products with the right to ____ |