General Knowledge
What is the capital city of Japan?
Tokyo
True or False: A shop must always give you a refund if you change your mind?
FALSE
Give 3 examples of household income
Wages/salaries
Pension
Child Benefit
How many colours are in the rainbow?
Seven
Which continent is the Sahara Desert located in?
Africa
Who wrote the play Hamlet?
William Shakespeare
In Ireland, if a consumer buys a faulty product, what is their legal right in terms of redress?
The right to a repair, replacement, or refund.
What is impulse buying?
Impulse buying is unplanned 'spur of the moment' spending, especially on non-essential items.
What is the name of a female deer.
Doe
Which famous artist painted the Mona Lisa?
Leonardo da Vinci
What is the largest ocean on Earth?
Pacific Ocean
What is the name of the Irish law that protects consumers when buying goods and services?
The Sale of Goods and Supply of Services Act 1980
When completing a household budget, identify the 2 places we must put the opening cash at the the beginning of the period.
The 1st column and the last column (or the first month and the total column)
In which capital city of Europe would you find the Eiffel Tower?
Paris
How many stomachs does a cow have?
4
What color is Lightning McQueen's car?
Red
Which Irish body enforces consumer protection laws and provides guidance on consumer rights?
The Competition and Consumer Protection Commission (CCPC)
Can you distinguish between piece rate and commission
Piece rate: Calculation based on the number of items completed.
Commission: Some workers, receive a payment based on the value of the goods or services they have sold.
What is the formula for calculating the area of a rectangle?
Length × Width
What is the largest country by land area?
Russia
Which animal is known as the King of the Jungle?
Lion
Under the Sale of Goods and Supply of Services Act 1980, name two conditions that goods must meet.
Goods must be of merchantable quality.
Goods must be fit for purpose.
Goods must be as described.
Goods must match the sample.
Distinguish between capital and current expenditure give examples of both
Capital: Capital expenditure is once-off or long-term spending, e.g. buying a new car or furniture.
Current: Current expenditure is repeated or ongoing short-term spending, e.g. groceries, rent, fuel costs.
What is the name of the highest mountain on Earth?
Mount Everest
Who was the first person to walk on the moon?
Neil Armstrong
Name Nemo's friend who has short term memory loss.
Dori
Who should a consumer contact if a business refuses to uphold their legal rights and cannot be resolved directly?
The Competition and Consumer Protection Commission (CCPC) or use the Small Claims Court.
Identify 3 examples of statutory deductions
PAYE, PRSI, USC
What is the definition of an asset in accounting?
Asset - Valuable resources owned or controlled by an individual or business, expected to provide future economic benefits
What is the smallest country by land area?
Vatican City