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QR Challenge: Consumers Math Unit 8 Test Review

Created using the ClassTools QR Treasure Hunt Generator

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Teacher Notes

A. Prior to the lesson:

1. Arrange students into groups. Each group needs at least ONE person who has a mobile device.

2. If their phone camera doesn't automatically detect and decode QR codes, ask students to

3. Print out the QR codes.

4. Cut them out and place them around your class / school.

B. The lesson:

1. Give each group a clipboard and a piece of paper so they can write down the decoded questions and their answers to them.

2. Explain to the students that the codes are hidden around the school. Each team will get ONE point for each question they correctly decode and copy down onto their sheet, and a further TWO points if they can then provide the correct answer and write this down underneath the question.

3. Away they go! The winner is the first team to return with the most correct answers in the time available. This could be within a lesson, or during a lunchbreak, or even over several days!

C. TIPS / OTHER IDEAS

4. A detailed case study in how to set up a successful QR Scavenger Hunt using this tool can be found here.

Questions / Answers (teacher reference)

Question

Answer

1. Long-term investments, properly diversified, include 4 types of mutual funds:
2. T/F - Gold, Viaticals, and Futures are good investment options
3. Company X's board of directors has decided to issue a portion of its earnings to its shareholders. If you own stock in Company X, you can expect to receive a(n):
4. T/F - Savings accounts and money-market accounts are most appropriate for emergency funds and short-term goals
5. What is the benefit to diversification of investment?
6. In some cases, employers will match the employee contribution, but you should fund your plan whether your company matches or not. This statement refers to what kind of investment?
7. What kind of retirement plan is found in nonprofit organizations such as churches, hospitals, and schools?
8. What is a savings account sold by an insurance company, designed to provide payments to the holder at specified intervals, usually after retirement?
9. T/F - Money markets are great for your emergency fund due to their liquidity and stability
10. T/F - The purpose of war bonds is to finance military operations during war time. The last time the United States issued war bonds was during the Vietnam War.
11. T/F - Single stocks and mutual funds carry the same amount of risk
12. T/F - Good investment portfolios are extremely complex
13. T/F - If you get into financial trouble, borrowing against your retirement plan is a good option
14. Vocab - Relationship of substantial reward compared to the amount of risk taken
15. Vocab - Piece of ownership in a company, mutual fund or other investment
16. Vocab - The government agency responsible for regulating the stock market
17. Vocab - A savings plan operated by a state or educational institution designed to help families set aside funds for future college costs
18. Vocab - Distribution of a portion of a company's earnings, decided by the board of directors, to a class of its shareholders

 


Consumers Math Unit 8 Test Review: QR Challenge

https://www.classtools.net/QR/decode.php?text=Long-term_investments,_properly_diversified,_include_4_types_of_mutual_funds:

Question 1 (of 18)

 


Consumers Math Unit 8 Test Review: QR Challenge

https://www.classtools.net/QR/decode.php?text=T/F_-_Gold,_Viaticals,_and_Futures_are_good_investment_options

Question 2 (of 18)

 


Consumers Math Unit 8 Test Review: QR Challenge

https://www.classtools.net/QR/decode.php?text=Company_X's_board_of_directors_has_decided_to_issue_a_portion_of_its_earnings_to_its_shareholders.__If_you_own_stock_in_Company_X,_you_can_expect_to_receive_a(n):

Question 3 (of 18)

 


Consumers Math Unit 8 Test Review: QR Challenge

https://www.classtools.net/QR/decode.php?text=T/F_-_Savings_accounts_and_money-market_accounts_are_most_appropriate_for_emergency_funds_and_short-term_goals

Question 4 (of 18)

 


Consumers Math Unit 8 Test Review: QR Challenge

https://www.classtools.net/QR/decode.php?text=What_is_the_benefit_to_diversification_of_investment?

Question 5 (of 18)

 


Consumers Math Unit 8 Test Review: QR Challenge

https://www.classtools.net/QR/decode.php?text=In_some_cases,_employers_will_match_the_employee_contribution,_but_you_should_fund_your_plan_whether_your_company_matches_or_not.__This_statement_refers_to_what_kind_of_investment?

Question 6 (of 18)

 


Consumers Math Unit 8 Test Review: QR Challenge

https://www.classtools.net/QR/decode.php?text=What_kind_of_retirement_plan_is_found_in_nonprofit_organizations_such_as_churches,_hospitals,_and_schools?

Question 7 (of 18)

 


Consumers Math Unit 8 Test Review: QR Challenge

https://www.classtools.net/QR/decode.php?text=What_is_a_savings_account_sold_by_an_insurance_company,_designed_to_provide_payments_to_the_holder_at_specified_intervals,_usually_after_retirement?

Question 8 (of 18)

 


Consumers Math Unit 8 Test Review: QR Challenge

https://www.classtools.net/QR/decode.php?text=T/F_-_Money_markets_are_great_for_your_emergency_fund_due_to_their_liquidity_and_stability

Question 9 (of 18)

 


Consumers Math Unit 8 Test Review: QR Challenge

https://www.classtools.net/QR/decode.php?text=T/F_-_The_purpose_of_war_bonds_is_to_finance_military_operations_during_war_time.__The_last_time_the_United_States_issued_war_bonds_was_during_the_Vietnam_War.

Question 10 (of 18)

 


Consumers Math Unit 8 Test Review: QR Challenge

https://www.classtools.net/QR/decode.php?text=T/F_-_Single_stocks_and_mutual_funds_carry_the_same_amount_of_risk

Question 11 (of 18)

 


Consumers Math Unit 8 Test Review: QR Challenge

https://www.classtools.net/QR/decode.php?text=T/F_-_Good_investment_portfolios_are_extremely_complex

Question 12 (of 18)

 


Consumers Math Unit 8 Test Review: QR Challenge

https://www.classtools.net/QR/decode.php?text=T/F_-_If_you_get_into_financial_trouble,_borrowing_against_your_retirement_plan_is_a_good_option

Question 13 (of 18)

 


Consumers Math Unit 8 Test Review: QR Challenge

https://www.classtools.net/QR/decode.php?text=Vocab_-_Relationship_of_substantial_reward_compared_to_the_amount_of_risk_taken

Question 14 (of 18)

 


Consumers Math Unit 8 Test Review: QR Challenge

https://www.classtools.net/QR/decode.php?text=Vocab_-_Piece_of_ownership_in_a_company,_mutual_fund_or_other_investment

Question 15 (of 18)

 


Consumers Math Unit 8 Test Review: QR Challenge

https://www.classtools.net/QR/decode.php?text=Vocab_-_The_government_agency_responsible_for_regulating_the_stock_market

Question 16 (of 18)

 


Consumers Math Unit 8 Test Review: QR Challenge

https://www.classtools.net/QR/decode.php?text=Vocab_-_A_savings_plan_operated_by_a_state_or_educational_institution_designed_to_help_families_set_aside_funds_for_future_college_costs

Question 17 (of 18)

 


Consumers Math Unit 8 Test Review: QR Challenge

https://www.classtools.net/QR/decode.php?text=Vocab_-_Distribution_of_a_portion_of_a_company's_earnings,_decided_by_the_board_of_directors,_to_a_class_of_its_shareholders

Question 18 (of 18)