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Name: _________________________ | Period: ___________________ |
This quiz consists of 5 multiple choice and 5 short answer questions through Chapter 3.
Multiple Choice Questions
1. What is the term for the unnecessary things, activities, and noise in our lives?
(a) Clutter.
(b) Comforts.
(c) Luxuries.
(d) Security.
2. What items are included in everything owned?
(a) Estimated current sale price of all items currently owned, plus other assets such as cash and investments.
(b) All items purchased during a lifetime.
(c) Add together everything owned, then subtract everything owed.
(d) All items in the garage and basement.
3. What is Step 1, Part 2 of the program?
(a) Declutter the garage and basement.
(b) List everything owned.
(c) Determine net worth.
(d) Determine how much money has been earned so far in a lifetime.
4. Why are small, specific categories recommended over traditional, broad categories?
(a) Broad categories cost more life energy.
(b) Broad categories work only for high-income individuals.
(c) Smaller categories allow people to determine which purchases bring only temporary happiness.
(d) Specific categories are easier to place on a chart.
5. Most Americans divide their discretionary time equally between what two activities?
(a) Leisure and retirement.
(b) Eating and drinking.
(c) Family and friends.
(d) Working and spending.
Short Answer Questions
1. Each person has only a limited amount of what?
2. What is the real amount of life energy?
3. What might cause readers to feel guilty, after completing Step 1?
4. What attitude do the authors want readers to carry?
5. What determines mastery of Step 3?
This section contains 320 words (approx. 2 pages at 300 words per page) |
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