Financial Planning Unit 1

Which of the following is a characteristic of time:

• Costly

• Valuable

Time management refers to how people

• use the 24 hours in their day.

• organize their belongings.

How is the term “time management” misleading?

• Time itself isn’t under our control; only our actions are.

• Time is free, so it does not need to be managed.

Which of the following is a true statement about time management:

• Time management is a matter of common sense.

• Time management can be kept very simple.

Christian is excited to be a part of a new committee at work because he knows he can balance his tasks to achieve his goals. This is an example of how

• time management improves self-confidence.

• it is important to make the most of down time.

Rebecca spent three hours on a project yesterday, but is worried because she only finished one section. Which time-management principle does she need to learn?

• Focus on goals, not on tasks

• Be flexible

Brandon is a morning person, but he’s trying to stay up late and finish some work for tomorrow, and he’s not getting very far. Which time-management principle does he need to learn?

• Know when and how you work best

• Learn to be on time

Natalia is upset because she was supposed to work on a certain account today, but her boss switched her to another account at the last minute. Which time-management principle does she need to learn?

• Be flexible

• Get enough sleep

Billie’s team was 20 minutes late starting the meeting because she didn’t show up at work on time. Which time-management principle does she need to learn?

• Learn to be on time

• Know when and how you work best

Beau is really stressed out because he agreed to take on three new clients that he really didn’t have room for. Which time-management principle does he need to learn?

• Don’t bite off more than you can chew

• Get enough sleep