What Are the First Three Letters of Your Last Name?

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What Are the First Three Letters of Your Last Name?

JA BizTown® Tell Us About You

What

a

When were you born?

Month Day Year

What grade are you in? (Please check only one.) o 4th o 5th o 6th o7th o Other: _____

NOT including this session, how many times have you participated in JA in the past? (Please check only one.)  This is my first time  1  2  3  4  5 or more times

Questions About The Program Content Even though you haven’t actually participated in this program yet, please try to answer these questions. Circle the letter of the response that you think best answers the question.

1. Which description best describes the circular flow of an economy? a. The flow between businesses and resources b. The exchange of money, goods, and services in an economy c. A circular flow happens only in a resource market d. A circular flow happens only in a goods and services market

2. Who pays for public goods and services? a. Philanthropists b. Taxpayers c. Only people who use them d. Government

3. Taxes are: a. Required payments to the government b. Payments for private goods and services c. Payments for philanthropy d. Payments for business operations

4. Which two of the following examples are financial institutions? a. Savings & Loan, City Hall b. Library, Credit Union c. Credit Union, Bank d. Museum, Bank

5. The amount left over from your paycheck after taxes and deductions is called your: a. Balance b. Gross balance c. Transaction d. Net Pay

E&R_JABT_PsPS_2014 Pre-Program Survey JA BizTown

6. Which one of the following statements is TRUE? a. You can continue to write checks as long as you have checks in your checkbook. b. All bank transactions should be recorded in the bank register. c. A direct deposit is when you take your paycheck directly to the bank after you receive it. d. Credit cards and debit cards are the same thing.

7. Interests are things people: a. Do well b. Have a natural ability for c. Keep to themselves d. Like to do

8. Which two skills are considered soft skills? a. Teamwork, Interests b. Punctuality, Teamwork c. Interests, Compassion d. Dressing appropriately, Compassion

9. Which of the following is a business expense? a. Personal care b. Sales c. Revenue d. Advertising

10. The revenue left over after paying business costs is called: a. Profit b. Gross balance c. Inventory d. Loss

Fill in the appropriate blanks to complete the checkbook components.

11. – 13. Read the following information and 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.

E&R_JABT_PsPS_2014 Pre-Program Survey JA BizTown

14. – 16. Read the following information and complete the check. (3 points)

On March 14, James Dunn went shopping at the mall with his friends. He used his debit card to buy a new hat from Journeys for $5.00. He also bought a gift for his mom at Macy’s. The check he wrote was for $3.75.

17. – 22. Use the information from items 14. -16. to complete the two register entries. (6 points)

E&R_JABT_PsPS_2014 Pre-Program Survey JA BizTown

Continued on back.

E&R_JABT_PsPS_2014

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