Question 1

A common criticism of including a career objective on a resume is that it:

Accepted Answer

A)  may be too vague. 
B)  takes too much room on the resume. 
C)  is frequently the same as that of other candidates. 
D)  is not of interest to most employers. 
E)  usually does not relate to the job sought. 
A)  may be too vague. 
B)  takes too much room on the resume. 
C)  is frequently the same as that of other candidates. 
D)  is not of interest to most employers. 
E)  usually does not relate to the job sought.

Question 2

The purpose of a selection interview is to:

Accepted Answer

A)  select the best applicants for further interviewing. 
B)  obtain training information on a career area. 
C)  question candidates for a job in detail. 
D)  explore possible job opportunities in a career area. 
E)  locate potential candidates for a position. 
A)  select the best applicants for further interviewing. 
B)  obtain training information on a career area. 
C)  question candidates for a job in detail. 
D)  explore possible job opportunities in a career area. 
E)  locate potential candidates for a position.

Question 3

A functional resume is best for a person who:

Accepted Answer

A)  has diverse skills. 
B)  is interested in a specific job. 
C)  has a continuous school and work record. 
D)  plans to advance in the same career area. 
E)  has just completed school. 
A)  has diverse skills. 
B)  is interested in a specific job. 
C)  has a continuous school and work record. 
D)  plans to advance in the same career area. 
E)  has just completed school.

Question 4

The term networking refers to:

Accepted Answer

A)  using the internet to locate job listings. 
B)  making and using contacts to obtain and update career information. 
C)  accessing career databases online. 
D)  building a list of references to provide to prospective employers. 
E)  designing an electronic system for storing resumes and job related information. 
A)  using the internet to locate job listings. 
B)  making and using contacts to obtain and update career information. 
C)  accessing career databases online. 
D)  building a list of references to provide to prospective employers. 
E)  designing an electronic system for storing resumes and job related information.

Question 5

What steps should a person take when planning a career?

Accepted Answer

The answer of What steps should a person take when...

Question 6

A possible opportunity cost associated with career advancement is a need to relocate your household.

Accepted Answer

A) True 
 B)False

Question 7

The finalists for a job position are invited for a(n) ____________ interview.

Accepted Answer

A)  informational 
B)  confirmation 
C)  selection 
D)  screening 
E)  personal contact 
A)  informational 
B)  confirmation 
C)  selection 
D)  screening 
E)  personal contact

Question 8

Natural abilities that people possess are called:

Accepted Answer

A)  interests. 
B)  aptitudes. 
C)  attitudes. 
D)  personality traits. 
E)  occupational techniques. 
A)  interests. 
B)  aptitudes. 
C)  attitudes. 
D)  personality traits. 
E)  occupational techniques.

Question 9

Creative resumes or those with a gimmick are most appropriate for careers in:

Accepted Answer

A)  accounting. 
B)  finance. 
C)  advertising. 
D)  information technology. 
E)  human resources. 
A)  accounting. 
B)  finance. 
C)  advertising. 
D)  information technology. 
E)  human resources.

Question 10

References are generally omitted from a resume.

Accepted Answer

A) True 
 B)False

Question 11

Having a relationship with a mentor can provide the following benefit(s):

Accepted Answer

A)  personalized training. 
B)  access to influential people. 
C)  emotional support during difficult times. 
D)  growth in technical and social areas of a career. 
E)  All of these. 
A)  personalized training. 
B)  access to influential people. 
C)  emotional support during difficult times. 
D)  growth in technical and social areas of a career. 
E)  All of these.

Question 12

To assess the current value of a lump-sum retirement benefit that will be received in 10 years, use the ____________ calculation.

Accepted Answer

A)  present value of annuity 
B)  present value of a single amount 
C)  future value of an annuity 
D)  future value of a single amount 
E)  retained earnings 
A)  present value of annuity 
B)  present value of a single amount 
C)  future value of an annuity 
D)  future value of a single amount 
E)  retained earnings

Question 13

A chronological resume sequences personal data based on:

Accepted Answer

A)  experience. 
B)  education. 
C)  areas or ability. 
D)  career goal. 
E)  time. 
A)  experience. 
B)  education. 
C)  areas or ability. 
D)  career goal. 
E)  time.

Question 14

Ned Turner has done some research and has found that the population in the U.S. is aging which means there will be an increased need for health care professionals in the future. 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 15

Which of the following is an example of the type of information that you would not include on a resume unless it applies to specific job qualifications?

Accepted Answer

A)  Name 
B)  Address 
C)  Height and weight 
D)  E-mail address 
E)  Phone number 
A)  Name 
B)  Address 
C)  Height and weight 
D)  E-mail address 
E)  Phone number

Question 16

A cafeteria-style employee benefits program allows workers to select the benefits they prefer based on their personal situations.

Accepted Answer

A) True 
 B)False

Question 17

Changes in the demand for goods and services are an example of a(n) ____________ influence on the job market.

Accepted Answer

A)  economic 
B)  social 
C)  political 
D)  technological 
E)  industrial 
A)  economic 
B)  social 
C)  political 
D)  technological 
E)  industrial

Question 18

Bill Evans is concerned about the effect of current economic conditions on various career fields. Which one of the following would be most useful to Bill as he addresses his concerns?

Accepted Answer

A)  Occupational Outlook Handbook 
B)  The Wall Street Journal 
C)  Campus placement office 
D)  Chamber of Commerce 
E)  Professional association 
A)  Occupational Outlook Handbook 
B)  The Wall Street Journal 
C)  Campus placement office 
D)  Chamber of Commerce 
E)  Professional association

Question 19

You are given the choice of $4,000 in extra taxable income per year or a tax-exempt medical policy. The medical policy costs $300 per month. Your tax rate is 25%. Considering financial factors only, should you take the cash or the medical policy? Explain your decision.

Accepted Answer

The answer of You are given the choice of $4,000...

Question 20

In addition to inflation and consumer demand, what is another factor that can affect career opportunities?

Accepted Answer

A)  Demographic trends 
B)  Interest rates 
C)  Foreign competition 
D)  Changing uses of technology 
E)  Geographic trends 
A)  Demographic trends 
B)  Interest rates 
C)  Foreign competition 
D)  Changing uses of technology 
E)  Geographic trends

A common criticism of including a career objective on a resume is that it:

The purpose of a selection interview is to:

A functional resume is best for a person who:

The term networking refers to:

What steps should a person take when planning a career?

A possible opportunity cost associated with career advancement is a need to relocate your household.

The finalists for a job position are invited for a(n) ____________ interview.

Natural abilities that people possess are called:

Creative resumes or those with a gimmick are most appropriate for careers in:

References are generally omitted from a resume.

Having a relationship with a mentor can provide the following benefit(s):

To assess the current value of a lump-sum retirement benefit that will be received in 10 years, use the ____________ calculation.

A chronological resume sequences personal data based on:

Ned Turner has done some research and has found that the population in the U.S. is aging which means there will be an increased need for health care professionals in the future. This is an example of __________________ influencing jobs in the future.

Which of the following is an example of the type of information that you would not include on a resume unless it applies to specific job qualifications?

A cafeteria-style employee benefits program allows workers to select the benefits they prefer based on their personal situations.

Changes in the demand for goods and services are an example of a(n) ____________ influence on the job market.

Bill Evans is concerned about the effect of current economic conditions on various career fields. Which one of the following would be most useful to Bill as he addresses his concerns?

You are given the choice of $4,000 in extra taxable income per year or a tax-exempt medical policy. The medical policy costs $300 per month. Your tax rate is 25%. Considering financial factors only, should you take the cash or the medical policy? Explain your decision.

In addition to inflation and consumer demand, what is another factor that can affect career opportunities?

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

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Exam 2: Financial Aspects of Career Planning

A common criticism of including a career objective on a resume is that it:

The purpose of a selection interview is to:

A functional resume is best for a person who:

The term networking refers to:

What steps should a person take when planning a career?

A possible opportunity cost associated with career advancement is a need to relocate your household.

The finalists for a job position are invited for a(n) ____________ interview.

Natural abilities that people possess are called:

Creative resumes or those with a gimmick are most appropriate for careers in:

References are generally omitted from a resume.

Having a relationship with a mentor can provide the following benefit(s):

To assess the current value of a lump-sum retirement benefit that will be received in 10 years, use the ____________ calculation.

A chronological resume sequences personal data based on:

Ned Turner has done some research and has found that the population in the U.S. is aging which means there will be an increased need for health care professionals in the future. This is an example of __________________ influencing jobs in the future.

Which of the following is an example of the type of information that you would not include on a resume unless it applies to specific job qualifications?

A cafeteria-style employee benefits program allows workers to select the benefits they prefer based on their personal situations.

Changes in the demand for goods and services are an example of a(n) ____________ influence on the job market.

Bill Evans is concerned about the effect of current economic conditions on various career fields. Which one of the following would be most useful to Bill as he addresses his concerns?

You are given the choice of $4,000 in extra taxable income per year or a tax-exempt medical policy. The medical policy costs $300 per month. Your tax rate is 25%. Considering financial factors only, should you take the cash or the medical policy? Explain your decision.

In addition to inflation and consumer demand, what is another factor that can affect career opportunities?

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