Exam 2: Financial Aspects of Career Planning

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?

Which of the following economic conditions can affect career opportunities?

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

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

When considering career training and skill development,what factors influence future income:

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

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

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.

The first step in the career planning and advancement process is:

The following people are acceptable references as long as they can verify your abilities:

A person's birth date,sex,height,and weight should only be included on a resume‚ if that information relates specifically to qualifications for an employment position.

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.

The main sources of networking include the following:

An interest inventory measures the natural abilities that people possess.

Federal tax-deferred employee benefits are:

The purpose of a behavioral interview is to:

Which of the following is sent to a company to indicate your interest in a position and to obtain an interview? (Hint: It is generally accompanied by your resume.)

Natural abilities that people possess are called:

A list of grades received in school is commonly included on a resume.

What factors influence career opportunities?