Question 1

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 A

Question 2

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 D

Question 3

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 an organization or a career. 
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 an organization or a career. E

Question 4

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 5

Continuing career education can be through formal or informal methods.

Accepted Answer

A) True 
 B)False

Question 6

Tom Husson recently coordinated a fund raising project for an organization that assists homeless youth.This would most likely be an example of experience in:

Accepted Answer

A) doing research on a company. 
B) obtaining financial planning and budgeting skills. 
C) public speaking. 
D) human relations. 
E) problem solving. 
A) doing research on a company. 
B) obtaining financial planning and budgeting skills. 
C) public speaking. 
D) human relations. 
E) problem solving.

Question 7

To determine the difference between two job offers with different salaries and employee benefits,you can use which method?

Accepted Answer

A) Credit report 
B) Market value calculation 
C) Present value calculation of a pension program 
D) Present value calculation of a retirement plan 
E) Vesting 
A) Credit report 
B) Market value calculation 
C) Present value calculation of a pension program 
D) Present value calculation of a retirement plan 
E) Vesting

Question 8

Lisa Trotter 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 with the homecoming parade for the University of Central Oklahoma where she goes to school full-time.Which of the following employment 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 9

Jeremy Irons has done some research and has discovered that average incomes are high in metropolitan areas such as Boston,New York,Los Angeles,and Chicago.Based on his findings,Jeremy believes these areas will experience greater population and 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 10

Louise Ellis recently has been offered employment in another city.She has been employed in her current position for four years.What factors should Louise consider when evaluating this new position?

Accepted Answer

Before accepting a position,you should c

Question 11

Which one of the following is defined as a commitment to a profession that requires continued training and offers a clear path for occupational growth?

Accepted Answer

A) Apprenticeship 
B) Job 
C) Internship 
D) Career 
E) Cooperative employment experience 
A) Apprenticeship 
B) Job 
C) Internship 
D) Career 
E) Cooperative employment experience

Question 12

Certain careers increase and decrease in demand based on changes in interest rates.

Accepted Answer

A) True 
 B)False

Question 13

Libraries usually have a variety of information sources for career planning including government publications and industry brochures.

Accepted Answer

A) True 
 B)False

Question 14

References are generally omitted from a resume.

Accepted Answer

A) True 
 B)False

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

Question 16

Which of the following is the point at which retirement contributions made on your behalf by the company belong to you even if you no longer work for the company?

Accepted Answer

A) Networking 
B) Vesting 
C) A tax deferred benefit 
D) A tax exempt benefit 
E) Break even 
A) Networking 
B) Vesting 
C) A tax deferred benefit 
D) A tax exempt benefit 
E) Break even

Question 17

A type of employee benefits program that allows workers to base their job benefits on a credit system and personal needs is called:

Accepted Answer

A) cafeteria-style. 
B) mandatory. 
C) flexible. 
D) voluntary. 
E) bundled. 
A) cafeteria-style. 
B) mandatory. 
C) flexible. 
D) voluntary. 
E) bundled.

Question 18

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 19

A(n)____________ is an employment position that is obtained mainly to earn money.

Accepted Answer

A) career 
B) job 
C) internship 
D) apprenticeship 
E) cooperative 
A) career 
B) job 
C) internship 
D) apprenticeship 
E) cooperative

Question 20

Brock Trotter has gone to monster.com as well as his local newspaper and has found five job possibilities that he feels fit his abilities and interests.Which step in the career planning and advancement process has Brock completed?

Accepted Answer

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

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

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

The purpose of an informational interview is to:

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

Continuing career education can be through formal or informal methods.

Tom Husson recently coordinated a fund raising project for an organization that assists homeless youth.This would most likely be an example of experience in:

To determine the difference between two job offers with different salaries and employee benefits,you can use which method?

Louise Ellis recently has been offered employment in another city.She has been employed in her current position for four years.What factors should Louise consider when evaluating this new position?

Which one of the following is defined as a commitment to a profession that requires continued training and offers a clear path for occupational growth?

Certain careers increase and decrease in demand based on changes in interest rates.

Libraries usually have a variety of information sources for career planning including government publications and industry brochures.

References are generally omitted from a resume.

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?

Which of the following is the point at which retirement contributions made on your behalf by the company belong to you even if you no longer work for the company?

A type of employee benefits program that allows workers to base their job benefits on a credit system and personal needs is called:

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?

A(n)____________ is an employment position that is obtained mainly to earn money.

Brock Trotter has gone to monster.com as well as his local newspaper and has found five job possibilities that he feels fit his abilities and interests.Which step in the career planning and advancement process has Brock completed?

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 Stock

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

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

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

The purpose of an informational interview is to:

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

Continuing career education can be through formal or informal methods.

Tom Husson recently coordinated a fund raising project for an organization that assists homeless youth.This would most likely be an example of experience in:

To determine the difference between two job offers with different salaries and employee benefits,you can use which method?

Louise Ellis recently has been offered employment in another city.She has been employed in her current position for four years.What factors should Louise consider when evaluating this new position?

Which one of the following is defined as a commitment to a profession that requires continued training and offers a clear path for occupational growth?

Certain careers increase and decrease in demand based on changes in interest rates.

Libraries usually have a variety of information sources for career planning including government publications and industry brochures.

References are generally omitted from a resume.

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?

Which of the following is the point at which retirement contributions made on your behalf by the company belong to you even if you no longer work for the company?

A type of employee benefits program that allows workers to base their job benefits on a credit system and personal needs is called:

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?

A(n)____________ is an employment position that is obtained mainly to earn money.

Brock Trotter has gone to monster.com as well as his local newspaper and has found five job possibilities that he feels fit his abilities and interests.Which step in the career planning and advancement process has Brock completed?

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 Stock

Investing in Bonds

Investing in Mutual Funds

Investing in Real Estate and Other Investment Alternatives

Starting Early: Retirement Planning

Estate Planning

Filters