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Study Session 2/9

Total questions: 10

Worksheet time: 6mins

Name
Class
Date
1.

We can do but only two things with money. What are those two things?

a)

Invest and Store

b)

Waste and Invest

c)

Waste and Store

d)

Store and Invest

2.

Our frugality requires _____

a)

Discipline and Consistency

b)

Wisdom and Proactivity

c)

Knowledge and Discipline

d)

Vision and Self Control

3.

As often as possible we should only circulate our currency within (a)  

4.

All spending should be considered (a)  

5.

If you acquire debt it should be under ______

a)

The person of your business

b)

The name of your children

c)

The person head of household

6.

Money should be put into three (3) places:

a)

Savings Storehouse

b)

Local Banks

c)

Investments

d)

Currency in Hand

7.

Place your investment allotments into __ different types of resources

a)

6

b)

5

c)

8

d)

3

8.

Wealth begins when we release ourselves from debt.

a)

True

b)

False

9.

Achoti Yahyah purchased land with a 2% interest rate and set to payoff in a bout 14 months.

Does this align with the ANU CULTURE?

a)

Yes

b)

No

10.

What is the definition of DEPRECIATE?

a)

Rise in value or price.

b)

An asset or item acquired with the goal of generating income

c)

Market that has developed to a point where substantial expansion and investment no longer takes place.

d)

Diminish in value over a period of time.