Question 1

According to the U.S.Census Bureau,adults (ages 25-34) with an advanced degree earn approximately $48,000 more per year than adults with only a bachelor's degree.

Accepted Answer

A) True 
 B)False

Question 2

Which of the following is likely to be the largest cost of withdrawing the funds from an employer-based retirement plan when you change jobs prior to retirement?

Accepted Answer

A) the ten percent penalty for early withdrawal 
B) the taxes you must pay on the withdrawal 
C) the lost future growth if the funds had been left on deposit 
D) the penalty assessed by the employer 
A) the ten percent penalty for early withdrawal 
B) the taxes you must pay on the withdrawal 
C) the lost future growth if the funds had been left on deposit 
D) the penalty assessed by the employer

Question 3

The law requires employers to do all of the following after hiring a new employee except

Accepted Answer

A) provide unemployment insurance. 
B) pay Social Security taxes to the federal government. 
C) pay all of the employee's health care expenses. 
D) provide workers' compensation benefits to employees injured on the job. 
A) provide unemployment insurance. 
B) pay Social Security taxes to the federal government. 
C) pay all of the employee's health care expenses. 
D) provide workers' compensation benefits to employees injured on the job.

Question 4

The most common mistake in a résumé is mentioning your specific accomplishments from previous jobs.

Accepted Answer

A) True 
 B)False

Question 5

A secondary function of a résumé is to provide a basis for screening applicants out of contention for a job.

Accepted Answer

A) True 
 B)False

Question 6

____ percent of firms do telephone interviews.

Accepted Answer

A) 33 
B) 50 
C) 40 
D) 60 
A) 33 
B) 50 
C) 40 
D) 60

Question 7

Which of the following resources would be least helpful in your job search?

Accepted Answer

A) Classified advertisements 
B) Career fairs 
C) Employment agencies 
D) Internet, career websites, and job boards 
A) Classified advertisements 
B) Career fairs 
C) Employment agencies 
D) Internet, career websites, and job boards

Question 8

You should not take the job if the geographic location is not what you want.

Accepted Answer

A) True 
 B)False

Question 9

A referral always includes a letter of recommendation.

Accepted Answer

A) True 
 B)False

Question 10

Nearly 20 percent of workers cash out all of the money they have accrued in their employer-sponsored retirement plan when changing jobs.

Accepted Answer

A) True 
 B)False

Question 11

When you leave an employer,you have the right to continue your health insurance coverage for a specified period of time by paying the premiums yourself.

Accepted Answer

A) True 
 B)False

Question 12

All of the following would be considered wise moves in career planning except

Accepted Answer

A) learning as much as possible about a company before your interview. 
B) transferring your 401(k) to your new employer's plan when you change jobs. 
C) continued participation in your previous employer's health care plan until you are covered by a new employer's plan. 
D) assuming that your need for higher education is finished once you obtain a job in your chosen field. 
A) learning as much as possible about a company before your interview. 
B) transferring your 401(k) to your new employer's plan when you change jobs. 
C) continued participation in your previous employer's health care plan until you are covered by a new employer's plan. 
D) assuming that your need for higher education is finished once you obtain a job in your chosen field.

Question 13

The main purpose of a cover letter is to indicate a desired a salary.

Accepted Answer

A) True 
 B)False

Question 14

A cover letter should be designed for each specific position for which you are applying.The same cover letter with the appropriate address and salutation cannot be used when seeking interviews from multiple employers.

Accepted Answer

A) True 
 B)False

Question 15

Which of the following statement is true about career coaches?

Accepted Answer

A) A career coach is basically a mentor. 
B) Career coaches do not charge a fee for their assistance. 
C) Career coaches do not offer 24/7 service. 
D) For $8,000 you can get 24/7-access to coaching, mock interviews, and on-on-one advice on salary and benefits. 
A) A career coach is basically a mentor. 
B) Career coaches do not charge a fee for their assistance. 
C) Career coaches do not offer 24/7 service. 
D) For $8,000 you can get 24/7-access to coaching, mock interviews, and on-on-one advice on salary and benefits.

Question 16

Which of the following statements about STEM majors is correct?

Accepted Answer

A) Having a STEM major is the only way to earn a good salary upon graduation. 
B) STEM refers to majors in science, technology, engineering, and mathematics. 
C) STEM jobs are among only a few that pay good salaries upon college graduation today. 
D) STEM majors are less attractive to employers than vague majors that imply a broad range of skills. 
A) Having a STEM major is the only way to earn a good salary upon graduation. 
B) STEM refers to majors in science, technology, engineering, and mathematics. 
C) STEM jobs are among only a few that pay good salaries upon college graduation today. 
D) STEM majors are less attractive to employers than vague majors that imply a broad range of skills.

According to the U.S.Census Bureau,adults (ages 25-34) with an advanced degree earn approximately $48,000 more per year than adults with only a bachelor's degree.

Which of the following is likely to be the largest cost of withdrawing the funds from an employer-based retirement plan when you change jobs prior to retirement?

The law requires employers to do all of the following after hiring a new employee except

The most common mistake in a résumé is mentioning your specific accomplishments from previous jobs.

A secondary function of a résumé is to provide a basis for screening applicants out of contention for a job.

____ percent of firms do telephone interviews.

Which of the following resources would be least helpful in your job search?

You should not take the job if the geographic location is not what you want.

A referral always includes a letter of recommendation.

Nearly 20 percent of workers cash out all of the money they have accrued in their employer-sponsored retirement plan when changing jobs.

When you leave an employer,you have the right to continue your health insurance coverage for a specified period of time by paying the premiums yourself.

All of the following would be considered wise moves in career planning except

The main purpose of a cover letter is to indicate a desired a salary.

A cover letter should be designed for each specific position for which you are applying.The same cover letter with the appropriate address and salutation cannot be used when seeking interviews from multiple employers.

Which of the following statement is true about career coaches?

Which of the following statements about STEM majors is correct?

Understanding Personal Finance

Financial Statements,tools,and Budgets

Managing Income Taxes

Managing Checking and Savings Accounts

Building and Maintaining Good Credit

Credit Cards and Consumer Loans

Vehicles and Other Major Purchases

Obtaining Affordable Housing

Managing Property and Liability Risk

Managing Health Expenses

Life Insurance Planning

Investment Fundamentals

Investing in Stocks and Bonds

Mutual Funds and Exchange Traded Funds

Real Estate and High-Risk Investments

Retirement and Estate Planning

Filters

Exam 2: Career Planning

According to the U.S.Census Bureau,adults (ages 25-34) with an advanced degree earn approximately $48,000 more per year than adults with only a bachelor's degree.

Which of the following is likely to be the largest cost of withdrawing the funds from an employer-based retirement plan when you change jobs prior to retirement?

The law requires employers to do all of the following after hiring a new employee except

The most common mistake in a résumé is mentioning your specific accomplishments from previous jobs.

A secondary function of a résumé is to provide a basis for screening applicants out of contention for a job.

____ percent of firms do telephone interviews.

Which of the following resources would be least helpful in your job search?

You should not take the job if the geographic location is not what you want.

A referral always includes a letter of recommendation.

Nearly 20 percent of workers cash out all of the money they have accrued in their employer-sponsored retirement plan when changing jobs.

When you leave an employer,you have the right to continue your health insurance coverage for a specified period of time by paying the premiums yourself.

All of the following would be considered wise moves in career planning except

The main purpose of a cover letter is to indicate a desired a salary.

A cover letter should be designed for each specific position for which you are applying.The same cover letter with the appropriate address and salutation cannot be used when seeking interviews from multiple employers.

Which of the following statement is true about career coaches?

Which of the following statements about STEM majors is correct?

Understanding Personal Finance

Financial Statements,tools,and Budgets

Managing Income Taxes

Managing Checking and Savings Accounts

Building and Maintaining Good Credit

Credit Cards and Consumer Loans

Vehicles and Other Major Purchases

Obtaining Affordable Housing

Managing Property and Liability Risk

Managing Health Expenses

Life Insurance Planning

Investment Fundamentals

Investing in Stocks and Bonds

Mutual Funds and Exchange Traded Funds

Real Estate and High-Risk Investments

Retirement and Estate Planning

Filters