Question 1

An interview designed to reduce the number of candidates for a position to a workable size is a(n) ____________ interview.

Accepted Answer

A)  screening 
B)  informational 
C)  selection 
D)  contact 
E)  follow-up 
A)  screening 
B)  informational 
C)  selection 
D)  contact 
E)  follow-up

Question 2

Jennifer Ryan wants to gain some employment experience so when she is ready to start a career she has something to offer a company. She has decided to work 20 hours a week for a local accounting firm answering the phone and assisting the partners in completing tax returns. Which of the following employment experience strategies is she pursuing?

Accepted Answer

A)  Part-time employment 
B)  Volunteer work 
C)  Internship 
D)  Campus project 
E)  Cooperative education program 
A)  Part-time employment 
B)  Volunteer work 
C)  Internship 
D)  Campus project 
E)  Cooperative education program

Question 3

An interest inventory measures a person's aptitudes.

Accepted Answer

A) True 
 B)False

Question 4

Jason Liang has gotten three job offers. He is now looking at the benefits packages of all three to see what he likes and doesn't like. Which step in the career planning process is Jason completing?

Accepted Answer

A)  Assess and research personal goals and abilities. 
B)  Evaluate the employment market to identify specific employment opportunities. 
C)  Develop a resume and cover letter to apply for specific positions. 
D)  Interview for specific positions and assess the interview performance. 
E)  Evaluate financial and other factors of positions offered. 
A)  Assess and research personal goals and abilities. 
B)  Evaluate the employment market to identify specific employment opportunities. 
C)  Develop a resume and cover letter to apply for specific positions. 
D)  Interview for specific positions and assess the interview performance. 
E)  Evaluate financial and other factors of positions offered.

Question 5

Jeremy Irons has done some research and has discovered that the states with the largest population growth are Colorado and Arizona. Based on his findings, Jeremy believes these states will experience greater job growth as a result. This is an example of _____ influencing jobs in the future.

Accepted Answer

A)  technology trends 
B)  economic conditions 
C)  industry trends 
D)  geographic trends 
E)  educational trends 
A)  technology trends 
B)  economic conditions 
C)  industry trends 
D)  geographic trends 
E)  educational trends

Question 6

A medical-spending account (MSA) allows people to pay health care costs with pretax dollars.

Accepted Answer

A) True 
 B)False

Question 7

Mathematical abilities, problem-solving skills, and physical dexterity are examples of:

Accepted Answer

A)  interests. 
B)  survival skills. 
C)  aptitudes. 
D)  occupational attitudes. 
E)  on-the-job training. 
A)  interests. 
B)  survival skills. 
C)  aptitudes. 
D)  occupational attitudes. 
E)  on-the-job training.

Question 8

Which of the following is an opportunity to contact several firms in a short time span? (Hint: It is often held at local universities or convention centers.)

Accepted Answer

A)  Networking 
B)  An internship 
C)  A career fair 
D)  A cover letter 
E)  An informational interview 
A)  Networking 
B)  An internship 
C)  A career fair 
D)  A cover letter 
E)  An informational interview

Question 9

What are the 3 steps to effective networking?

Accepted Answer

First, prepare and practice a 30-second

Question 10

Blake Edwards has done some research and has discovered that economists believe interest rates will rise significantly over the next two years. Blake believes that this will lead to fewer homes being sold and fewer jobs in the banking and mortgage industries. This is an example of __________________ influencing jobs in the future.

Accepted Answer

A)  demographic trends 
B)  economic conditions 
C)  industry trends 
D)  geographic trends 
E)  educational trends 
A)  demographic trends 
B)  economic conditions 
C)  industry trends 
D)  geographic trends 
E)  educational trends

Question 11

Tara Guest wants to gain some needed experience so when she is ready to start a career she has something to offer a company. She has decided to help the Edmond Historical Society present programs to local school children. Which of the following employment experience strategies is she pursuing?

Accepted Answer

A)  Part-time employment 
B)  Volunteer work 
C)  Internship 
D)  Campus project 
E)  Cooperative education program 
A)  Part-time employment 
B)  Volunteer work 
C)  Internship 
D)  Campus project 
E)  Cooperative education program

Question 12

Which one of the following would likely lead to the most added income over an individual's working career?

Accepted Answer

A)  Two year vocational degree 
B)  Bachelor's degree 
C)  Master's degree 
D)  Professional or doctorate degree 
E)  Associate's degree 
A)  Two year vocational degree 
B)  Bachelor's degree 
C)  Master's degree 
D)  Professional or doctorate degree 
E)  Associate's degree

Question 13

Functional resumes emphasize a person's skills and abilities in categories such as communications, research, and human relations.

Accepted Answer

A) True 
 B)False

Question 14

Government supported employment services can assist individuals with finding a job.

Accepted Answer

A) True 
 B)False

Question 15

A tax-exempt employee benefit is usually more advantageous than a tax-deferred benefit.

Accepted Answer

A) True 
 B)False

Question 16

What activities are commonly suggested when preparing for a job interview?

Accepted Answer

The answer of What activities are commonly suggested when preparing...

Question 17

An elevator speech is a short, persuasive, focused summary of your unique experiences and skills used when networking.

Accepted Answer

A) True 
 B)False

Question 18

Joseph is eligible for a nontaxable life insurance benefit with an annual premium of $400 paid entirely by his employer. Assuming Joseph is in a 25% bracket, how much would he have to earn to pay for this benefit with after-tax dollars?

Accepted Answer

A)  $425.00 
B)  $533.33 
C)  $433.33 
D)  $500.00 
E)  $400.00 
A)  $425.00 
B)  $533.33 
C)  $433.33 
D)  $500.00 
E)  $400.00

Question 19

The purpose of an informational interview is to:

Accepted Answer

A)  obtain employment. 
B)  reduce the number of potential candidates. 
C)  ask job candidates some general questions. 
D)  practice interview skills. 
E)  gather information about a firm or for career planning. 
A)  obtain employment. 
B)  reduce the number of potential candidates. 
C)  ask job candidates some general questions. 
D)  practice interview skills. 
E)  gather information about a firm or for career planning.

Question 20

The purpose of the development section of a cover letter is to:

Accepted Answer

A)  express interest in a specific job. 
B)  request an interview. 
C)  get the reader's attention. 
D)  get the reader to take action. 
E)  highlight background that qualifies the applicant for a specific job. 
A)  express interest in a specific job. 
B)  request an interview. 
C)  get the reader's attention. 
D)  get the reader to take action. 
E)  highlight background that qualifies the applicant for a specific job.

An interview designed to reduce the number of candidates for a position to a workable size is a(n) ____________ interview.

An interest inventory measures a person's aptitudes.

Jason Liang has gotten three job offers. He is now looking at the benefits packages of all three to see what he likes and doesn't like. Which step in the career planning process is Jason completing?

Jeremy Irons has done some research and has discovered that the states with the largest population growth are Colorado and Arizona. Based on his findings, Jeremy believes these states will experience greater job growth as a result. This is an example of _____ influencing jobs in the future.

A medical-spending account (MSA) allows people to pay health care costs with pretax dollars.

Mathematical abilities, problem-solving skills, and physical dexterity are examples of:

Which of the following is an opportunity to contact several firms in a short time span? (Hint: It is often held at local universities or convention centers.)

What are the 3 steps to effective networking?

Tara Guest wants to gain some needed experience so when she is ready to start a career she has something to offer a company. She has decided to help the Edmond Historical Society present programs to local school children. Which of the following employment experience strategies is she pursuing?

Which one of the following would likely lead to the most added income over an individual's working career?

Functional resumes emphasize a person's skills and abilities in categories such as communications, research, and human relations.

Government supported employment services can assist individuals with finding a job.

A tax-exempt employee benefit is usually more advantageous than a tax-deferred benefit.

What activities are commonly suggested when preparing for a job interview?

An elevator speech is a short, persuasive, focused summary of your unique experiences and skills used when networking.

Joseph is eligible for a nontaxable life insurance benefit with an annual premium of $400 paid entirely by his employer. Assuming Joseph is in a 25% bracket, how much would he have to earn to pay for this benefit with after-tax dollars?

The purpose of an informational interview is to:

The purpose of the development section of a cover letter is to:

Personal Finance Basics and the Time Value of Money

Money Management Strategy: Financial Statements and Budgeting

Planning Your Tax Strategy

Financial Services: Savings Plans and Payment Accounts

Introduction to Consumer Credit

Choosing a Source of Credit: The Costs of Credit Alternatives

Consumer Purchasing Strategies and Legal Protection

The Housing Decision: Factors and Finances

Property and Motor Vehicle Insurance

Health, Disability, and Long-Term Care Insurance

Life Insurance

Investing Fundamentals

Investing in Stocks

Investing in Bonds

Investing in Mutual Funds

Investing in Real Estate and Other Investment Alternatives

Starting Early: Retirement Planning

Estate Planning

Filters

Exam 2: Financial Aspects of Career Planning

An interview designed to reduce the number of candidates for a position to a workable size is a(n) ____________ interview.

An interest inventory measures a person's aptitudes.

Jason Liang has gotten three job offers. He is now looking at the benefits packages of all three to see what he likes and doesn't like. Which step in the career planning process is Jason completing?

Jeremy Irons has done some research and has discovered that the states with the largest population growth are Colorado and Arizona. Based on his findings, Jeremy believes these states will experience greater job growth as a result. This is an example of _____ influencing jobs in the future.

A medical-spending account (MSA) allows people to pay health care costs with pretax dollars.

Mathematical abilities, problem-solving skills, and physical dexterity are examples of:

Which of the following is an opportunity to contact several firms in a short time span? (Hint: It is often held at local universities or convention centers.)

What are the 3 steps to effective networking?

Tara Guest wants to gain some needed experience so when she is ready to start a career she has something to offer a company. She has decided to help the Edmond Historical Society present programs to local school children. Which of the following employment experience strategies is she pursuing?

Which one of the following would likely lead to the most added income over an individual's working career?

Functional resumes emphasize a person's skills and abilities in categories such as communications, research, and human relations.

Government supported employment services can assist individuals with finding a job.

A tax-exempt employee benefit is usually more advantageous than a tax-deferred benefit.

What activities are commonly suggested when preparing for a job interview?

An elevator speech is a short, persuasive, focused summary of your unique experiences and skills used when networking.

Joseph is eligible for a nontaxable life insurance benefit with an annual premium of $400 paid entirely by his employer. Assuming Joseph is in a 25% bracket, how much would he have to earn to pay for this benefit with after-tax dollars?

The purpose of an informational interview is to:

The purpose of the development section of a cover letter is to:

Personal Finance Basics and the Time Value of Money

Money Management Strategy: Financial Statements and Budgeting

Planning Your Tax Strategy

Financial Services: Savings Plans and Payment Accounts

Introduction to Consumer Credit

Choosing a Source of Credit: The Costs of Credit Alternatives

Consumer Purchasing Strategies and Legal Protection

The Housing Decision: Factors and Finances

Property and Motor Vehicle Insurance

Health, Disability, and Long-Term Care Insurance

Life Insurance

Investing Fundamentals

Investing in Stocks

Investing in Bonds

Investing in Mutual Funds

Investing in Real Estate and Other Investment Alternatives

Starting Early: Retirement Planning

Estate Planning

Filters