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OtisamLMS
Management in Living

Management in Living · Quick practice · answer shown after each question

Consumer education and money management

Question 1 of 10

Question 1 of 10

Paying for goods in instalments while using them is

Question 2 of 10

Question 2 of 10

A consumer right is the right to

Question 3 of 10

Question 3 of 10

A plan for spending and saving income is a

Question 4 of 10

Question 4 of 10

Hire purchase is often more expensive than cash buying because of

Question 5 of 10

Question 5 of 10

Buying a large quantity at once to get a lower price per unit is

Question 6 of 10

Question 6 of 10

Money left after taxes and deductions is

Question 7 of 10

Question 7 of 10

Impulse buying is

Question 8 of 10

Question 8 of 10

Buying goods without planning, on the spur of the moment, is

Question 9 of 10

Question 9 of 10

Income GH¢2,000; fixed expenses GH¢1,200; savings target 10% of income. The amount left for flexible spending is

Question 10 of 10

Question 10 of 10

The goods and services that money can actually buy is

Questions written by OtisamLMS in the style of the WASSCE. They are not WAEC past questions.