JSS 1 Social and Citizenship Studies Flashcards: Proper Handling and Care of Money

Question 1

Why should currency notes be handled carefully?

Accepted Answer

They are public means of exchange that must remain usable.

Question 2

Currency notes should not be torn because tearing can ____.

Accepted Answer

damage or shorten their useful life

Question 3

Why should notes not be tightly squeezed or crumpled?

Accepted Answer

Repeated crumpling weakens and damages them.

Question 4

Money should be protected from water and oil because liquids may ____.

Accepted Answer

stain or damage it

Question 5

Spraying money at celebrations is improper because it may lead to damage, loss, or ____.

Accepted Answer

disrespectful handling of currency

Question 6

Storing notes inside socks or underwear is unhygienic and may ____.

Accepted Answer

damage or soil them

Question 7

Burying money in the ground exposes it to moisture, insects, and ____.

Accepted Answer

loss

Question 8

The safest place for a large sum of money is generally ____.

Accepted Answer

a regulated financial institution

Question 9

Before leaving a transaction, the receiver should count money to ____.

Accepted Answer

confirm the amount

Question 10

Counting money should be done discreetly to reduce the risk of ____.

Accepted Answer

theft

Question 11

Why should a person avoid carrying a large amount of cash unnecessarily?

Accepted Answer

It increases risk of theft or loss.

Question 12

A wallet or purse helps to keep notes ____.

Accepted Answer

organised and protected

Question 13

Coins and notes should be separated from liquids and ____.

Accepted Answer

sharp objects

Question 14

Which is NOT proper care of money: writing on notes, keeping them flat, counting them, or storing them securely?

Accepted Answer

writing on notes

Question 15

A receipt should be collected after payment because it provides ____.

Accepted Answer

evidence of the transaction

Question 16

When cash received is more than the amount due, the extra amount is called ____.

Accepted Answer

change

Question 17

If an item costs ₦650 and ₦1,000 is paid, the correct change is ____.

Accepted Answer

₦350

Question 18

A torn or damaged note should not be repaired with methods that ____.

Accepted Answer

further deface or alter it

Question 19

Digital payment details should be checked before confirmation to prevent ____.

Accepted Answer

sending money to the wrong recipient

Question 20

Proper money care combines physical preservation, secure storage, accurate counting, and ____.

Accepted Answer

responsible record keeping

Strong work.