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

Question 2

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. B

Question 3

With completion of a bachelor's degree one can expect to earn _____ in income over a 40-year period.

Accepted Answer

A)  $2.8 million
B)  $1.8 million
C)  $3.8 million
D)  $2.5 million
E)  $4.3 million D

Question 4

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

Question 5

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 6

Which of the following would be a competency commonly associated with successful people?

Accepted Answer

A)  an ability to work well with others in a variety of settings
B)  a desire to do tasks better than they have to be done
C)  an ability to solve problems creatively in team settings
D)  well developed written and oral communication skills
E)  all of the above are competencies commonly associated with successful peoplE.

Question 7

Creative résumés 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.

Question 8

Lori Burroughs wants to gain some needed experience so when she is ready to start a career she has something to offer a company.She has talked to the career placement center at her university.They tell her she can get a job with a local company for the summer and earn college credit while working.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

Question 9

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.

Question 10

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

Question 11

For an entry-level position,a person's résumé is likely to be:

Accepted Answer

A)  one page.
B)  two pages.
C)  three pages.
D)  four pages.
E)  five or more pages depending on experiences.

Question 12

Which of the following trends is most likely to increase domestic career opportunities in manufacturing organizations?

Accepted Answer

A)  higher interest rates
B)  reduced consumer spending
C)  higher consumer prices
D)  increased imports
E)  increased exports

Question 13

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

Accepted Answer

A) True 
 B)False

Question 14

A ____________ résumé presents a person's education,work experience,and other information in a reverse time-sequence.

Accepted Answer

A)  goal-oriented
B)  functional
C)  chronological
D)  targeted
E)  data base

Question 15

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. C

Question 16

A functional résumé 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.

Question 17

Efficient work habits are an example of:

Accepted Answer

A)  on-the-job training.
B)  continuing education.
C)  an employee's initiative.
D)  cooperative education.
E)  seniority.

Question 18

In the career planning process,after identifying specific job opportunities,a person should:

Accepted Answer

A)  assess interests,abilities,and goals.
B)  develop a résumé and cover letter.
C)  evaluate job offers.
D)  plan for career growth.
E)  evaluate the job market.

Question 19

Which of the following is an opportunity to contact several firms in a short time span? 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

Question 20

Which of the following is the process of making and using contacts in the business world for obtaining and updating career information and job possibilities?

Accepted Answer

A)  networking
B)  an internship
C)  a career fair
D)  a cover letter
E)  financial planning

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.

Correct Answer
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The term networking refers to:

Correct Answer
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B

With completion of a bachelor's degree one can expect to earn _____ in income over a 40-year period.

Correct Answer
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D

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?

Correct Answer
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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.

Correct Answer
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Which of the following would be a competency commonly associated with successful people?

Correct Answer
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Creative résumés or those with a gimmick are most appropriate for careers in:

Correct Answer
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Correct Answer
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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?

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

Correct Answer
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For an entry-level position,a person's résumé is likely to be:

Correct Answer
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Which of the following trends is most likely to increase domestic career opportunities in manufacturing organizations?

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

Correct Answer
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A ____________ résumé presents a person's education,work experience,and other information in a reverse time-sequence.

Correct Answer
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The purpose of a selection interview is to:

Correct Answer
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C

A functional résumé is best for a person who:

Correct Answer
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Efficient work habits are an example of:

Correct Answer
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In the career planning process,after identifying specific job opportunities,a person should:

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

Correct Answer
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Which of the following is the process of making and using contacts in the business world for obtaining and updating career information and job possibilities?

Correct Answer
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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.

Correct AnswerverifiedShow Answer

The term networking refers to:

Correct AnswerverifiedB

With completion of a bachelor's degree one can expect to earn _____ in income over a 40-year period.

Correct AnswerverifiedD

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?

Correct AnswerverifiedShow Answer

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.

Correct AnswerverifiedShow Answer

Which of the following would be a competency commonly associated with successful people?

Correct AnswerverifiedShow Answer

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

Correct AnswerverifiedShow Answer

Correct AnswerverifiedShow Answer

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?

Correct AnswerverifiedShow Answer

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

Correct AnswerverifiedShow Answer

For an entry-level position,a person's résumé is likely to be:

Correct AnswerverifiedShow Answer

Which of the following trends is most likely to increase domestic career opportunities in manufacturing organizations?

Correct AnswerverifiedShow Answer

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

Correct AnswerverifiedShow Answer

A ____________ résumé presents a person's education,work experience,and other information in a reverse time-sequence.

Correct AnswerverifiedShow Answer

The purpose of a selection interview is to:

Correct AnswerverifiedC

A functional résumé is best for a person who:

Correct AnswerverifiedShow Answer

Efficient work habits are an example of:

Correct AnswerverifiedShow Answer

In the career planning process,after identifying specific job opportunities,a person should:

Correct AnswerverifiedShow Answer

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

Correct AnswerverifiedShow Answer

Which of the following is the process of making and using contacts in the business world for obtaining and updating career information and job possibilities?

Correct AnswerverifiedShow Answer

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B

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D

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C

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