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8/31/14

Personal Finance (McGraw-Hill/Irwin Series in Finance, Insurance, and Real Est) by Jack Kapoor, Les Dlabay and Robert J. Hughes - 11e, test bank 0077861647

Personal Finance (McGraw-Hill/Irwin Series in Finance, Insurance, and Real Est) by Jack Kapoor, Les Dlabay and Robert J. Hughes - 11e, test bank 0077861647

Kapoor - personal finance - 11e, test bank 0077861647

Personal Finance (McGraw-Hill/Irwin Series in Finance, Insurance, and Real Est) by Jack Kapoor, Les Dlabay and Robert J. Hughes - 11e, test bank 0077861647

ch2 Key

1.
(p. 48)

A job tends to have less of a long-term commitment to a field than a career.
TRUE

Accessibility: Keyboard Navigation
Blooms: Understand
Difficulty: 1 Easy
Kapoor - Chapter 02 #1
Learning Objective: 02-01 Describe activities associated with career planning and advancement.
Topic: Careers vs. Jobs

2.
(p. 62)

Corporate culture refers to the methods used by an organization to determine the value of employee benefits.
FALSE

Accessibility: Keyboard Navigation
Blooms: Understand
Difficulty: 2 Medium
Kapoor - Chapter 02 #2
Learning Objective: 02-04 Assess financial and legal concerns related to obtaining employment.
Topic: Corporate Culture

3.
(p. 48)

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

Accessibility: Keyboard Navigation
Blooms: Understand
Difficulty: 2 Medium
Kapoor - Chapter 02 #3
Learning Objective: 02-01 Describe activities associated with career planning and advancement.
Topic: Career Trade-offs

4.
(p. 50)

An interest inventory measures a person's aptitudes.
FALSE

Accessibility: Keyboard Navigation
Blooms: Understand
Difficulty: 2 Medium
Kapoor - Chapter 02 #4
Learning Objective: 02-01 Describe activities associated with career planning and advancement.
Topic: Interest Inventory

5.
(p. 52)

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

Accessibility: Keyboard Navigation
Blooms: Understand
Difficulty: 1 Easy
Kapoor - Chapter 02 #5
Learning Objective: 02-02 Evaluate factors that influence employment opportunities.
Topic: Effect of Interest Rates on Career Demand

6.
(p. 53)

Increased technology can result in a reduction of employment in one industry while creating new jobs in other industries.
TRUE

Accessibility: Keyboard Navigation
Blooms: Understand
Difficulty: 2 Medium
Kapoor - Chapter 02 #6
Learning Objective: 02-02 Evaluate factors that influence employment opportunities.
Topic: Effect of Technology on Job Outlook

7.
(p. 56)

Libraries usually have a variety of information sources for career planning and job exploration.
TRUE

Accessibility: Keyboard Navigation
Blooms: Understand
Difficulty: 1 Easy
Kapoor - Chapter 02 #7
Learning Objective: 02-03 Implement employment search strategies.
Topic: Libraries as Source of Career/Job Information

8.
(p. 52)

Current business and economic news can be an indication of future job demand.
TRUE

Accessibility: Keyboard Navigation
Blooms: Understand
Difficulty: 2 Medium
Kapoor - Chapter 02 #8
Learning Objective: 02-02 Evaluate factors that influence employment opportunities.
Topic: Economic and Business News as Indication of Job Demand

9.
(p. 59)

The purpose of an informational interview is to obtain employment from a branch office of a major corporation.
FALSE

Accessibility: Keyboard Navigation
Blooms: Understand
Difficulty: 2 Medium
Kapoor - Chapter 02 #9
Learning Objective: 02-03 Implement employment search strategies.
Topic: Informational Interview

10.
(p. 60)

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

Accessibility: Keyboard Navigation
Blooms: Understand
Difficulty: 2 Medium
Kapoor - Chapter 02 #10
Learning Objective: 02-03 Implement employment search strategies.
Topic: Government Employment Services

11.
(p. 63)

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

Accessibility: Keyboard Navigation
Blooms: Understand
Difficulty: 2 Medium
Kapoor - Chapter 02 #11
Learning Objective: 02-04 Assess financial and legal concerns related to obtaining employment.
Topic: Cafeteria-Style Benefits

12.
(p. 64)

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

Accessibility: Keyboard Navigation
Blooms: Understand
Difficulty: 3 Hard
Kapoor - Chapter 02 #12
Learning Objective: 02-04 Assess financial and legal concerns related to obtaining employment.
Topic: Tax-Exempt Employee Benefits

13.
(p. 66)

Continuing career education can be in a formal or an informal setting.
TRUE

Accessibility: Keyboard Navigation
Blooms: Understand
Difficulty: 1 Easy
Kapoor - Chapter 02 #13
Learning Objective: 02-05 Analyze techniques available for career growth and advancement.
Topic: Continuing Career Education

14.
(p. 66)

A mentor is an experienced employee who serves as a teacher and counselor for a less experienced person in a career field.
TRUE

Accessibility: Keyboard Navigation
Blooms: Understand
Difficulty: 2 Medium
Kapoor - Chapter 02 #14
Learning Objective: 02-05 Analyze techniques available for career growth and advancement.
Topic: Mentors

15.
(p. 75)

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.
TRUE

Accessibility: Keyboard Navigation
Blooms: Understand
Difficulty: 2 Medium
Kapoor - Chapter 02 #15
Learning Objective: 02-A Resumes; Cover Letters; and Interviews
Topic: Personal Data Section of Resume

16.
(p. 75)

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

Accessibility: Keyboard Navigation
Blooms: Understand
Difficulty: 2 Medium
Kapoor - Chapter 02 #16
Learning Objective: 02-A Resumes; Cover Letters; and Interviews
Topic: Education Section on Resume

17.
(p. 76)

References are generally omitted from a resume.
TRUE

Accessibility: Keyboard Navigation
Blooms: Understand
Difficulty: 1 Easy
Kapoor - Chapter 02 #17
Learning Objective: 02-A Resumes; Cover Letters; and Interviews
Topic: References Section of Resume

18.
(p. 78)

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

Accessibility: Keyboard Navigation
Blooms: Understand
Difficulty: 2 Medium
Kapoor - Chapter 02 #18
Learning Objective: 02-A Resumes; Cover Letters; and Interviews
Topic: Functional Resume

19.
(p. 80)

The purpose of a cover letter is to determine if a company has jobs available.
FALSE

Accessibility: Keyboard Navigation
Blooms: Understand
Difficulty: 2 Medium
Kapoor - Chapter 02 #19
Learning Objective: 02-A Resumes; Cover Letters; and Interviews
Topic: Cover Letters

20.
(p. 83)

A screening interview is reserved for only the finalists in a job search.
FALSE

Accessibility: Keyboard Navigation
Blooms: Understand
Difficulty: 2 Medium
Kapoor - Chapter 02 #20
Learning Objective: 02-A Resumes; Cover Letters; and Interviews
Topic: Screening Interviews

21.
(p. 58)

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

Accessibility: Keyboard Navigation
Blooms: Understand
Difficulty: 1 Easy
Kapoor - Chapter 02 #21
Learning Objective: 02-03 Implementing Employment Search Strategies.
Topic: Networking

22.
(p. 63)

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

Accessibility: Keyboard Navigation
Blooms: Understand
Difficulty: 1 Easy
Kapoor - Chapter 02 #22
Learning Objective: 02-04 Assess financial and legal concerns related to obtaining employment.
Topic: Evaluating Employee Benefits

23.
(p. 84)

It is legal for an interviewer to ask you about your marital status.
FALSE

Accessibility: Keyboard Navigation
Blooms: Understand
Difficulty: 1 Easy
Kapoor - Chapter 02 #23
Learning Objective: 02-A Resumes; Cover Letters; and Interviews
Topic: Interview Process

24.
(p. 48)

Compared to a job, a career: 

A.

is often less financially rewarding.

B.

requires minimum training.

C.

demands regular updating of knowledge.

D.

has limited opportunities for advancement.

E.

is one who engage in for your lifetime.

Accessibility: Keyboard Navigation
Blooms: Understand
Difficulty: 2 Medium
Kapoor - Chapter 02 #24
Learning Objective: 02-01 Describe activities associated with career planning and advancement.
Topic: Job versus Career

25.
(p. 48)

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

A.

career

B.

job

C.

internship

D.

apprenticeship

E.

cooperative

Accessibility: Keyboard Navigation
Blooms: Understand
Difficulty: 1 Easy
Kapoor - Chapter 02 #25
Learning Objective: 02-01 Describe activities associated with career planning and advancement.
Topic: Job versus Career

26.
(p. 48)

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? 

A.

Apprenticeship

B.

Job

C.

Internship

D.

Career

E.

Cooperative employment experience

Accessibility: Keyboard Navigation
Blooms: Understand
Difficulty: 1 Easy
Kapoor - Chapter 02 #26
Learning Objective: 02-01 Describe activities associated with career planning and advancement.
Topic: Career Definition

27.
(p. 51)

The first step of the career planning process is to: 

A.

evaluate the job market.

B.

identify potential job opportunities.

C.

develop a resume and cover letter.

D.

plan for career growth.

E.

assess your interests, abilities, and goals.

Accessibility: Keyboard Navigation
Blooms: Apply
Difficulty: 1 Easy
Kapoor - Chapter 02 #27
Learning Objective: 02-01 Describe activities associated with career planning and advancement.
Topic: Career Planning Process

28.
(p. 51)

The final step of the career planning process is to: 

A.

plan for career development.

B.

evaluate the job market.

C.

research specific career areas.

D.

identify potential job opportunities.

E.

evaluate job offers.

Accessibility: Keyboard Navigation
Blooms: Apply
Difficulty: 1 Easy
Kapoor - Chapter 02 #28
Learning Objective: 02-01 Describe activities associated with career planning and advancement.
Topic: Career Planning Process

29.
(p. 51)

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

A.

assess interests, abilities, and goals.

B.

develop a resume and cover letter.

C.

evaluate job offers.

D.

plan for career growth.

E.

evaluate the job market.

Accessibility: Keyboard Navigation
Blooms: Apply
Difficulty: 2 Medium
Kapoor - Chapter 02 #29
Learning Objective: 02-01 Describe activities associated with career planning and advancement.
Topic: Career Planning Process

30.
(p. 49)

A lack of willingness to accept a variety of employment positions is a common career planning mistake associated with a lack of: 

A.

common sense.

B.

communication skills.

C.

training.

D.

flexibility.

E.

perseverance.

Accessibility: Keyboard Navigation
Blooms: Understand
Difficulty: 1 Easy
Kapoor - Chapter 02 #30
Learning Objective: 02-01 Describe activities associated with career planning and advancement.
Topic: Common Career Planning Mistakes

31.
(p. 50)

Natural abilities that people possess are called: 

A.

interests.

B.

aptitudes.

C.

attitudes.

D.

personality traits.

E.

occupational techniques.

Accessibility: Keyboard Navigation
Blooms: Understand
Difficulty: 2 Medium
Kapoor - Chapter 02 #31
Learning Objective: 02-01 Describe activities associated with career planning and advancement.
Topic: Personal Factors: Aptitudes

32.
(p. 50)

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

A.

interests.

B.

survival skills.

C.

aptitudes.

D.

occupational attitudes.

E.

on-the-job training.

Accessibility: Keyboard Navigation
Blooms: Understand
Difficulty: 2 Medium
Kapoor - Chapter 02 #32
Learning Objective: 02-01 Describe activities associated with career planning and advancement.
Topic: General Career Skills

33.
(p. 53)

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

A.

Higher interest rates

B.

Reduced consumer spending

C.

Higher consumer prices

D.

Increased imports

E.

Increased exports

Accessibility: Keyboard Navigation
Blooms: Understand
Difficulty: 2 Medium
Kapoor - Chapter 02 #33
Learning Objective: 02-02 Evaluate factors that influence employment opportunities.
Topic: Economic Conditions and Career Opportunities

34.
(p. 52)

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

A.

economic

B.

social

C.

political

D.

technological

E.

industrial

Accessibility: Keyboard Navigation
Blooms: Understand
Difficulty: 2 Medium
Kapoor - Chapter 02 #34
Learning Objective: 02-02 Evaluate factors that influence employment opportunities.
Topic: Economic Conditions and Career Opportunities

35.
(p. 53)

Which of the following is an example of an industrial trend that could affect the job market? 

A.

Increased use of computers in manufacturing

B.

Fewer children being born

C.

Higher interest rates

D.

Lower inflation rates affecting spending

E.

More families with both parents working

Accessibility: Keyboard Navigation
Blooms: Understand
Difficulty: 2 Medium
Kapoor - Chapter 02 #35
Learning Objective: 02-02 Evaluate factors that influence employment opportunities.
Topic: Employment Trends

36.
(p. 52)

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? 

A.

Occupational Outlook Handbook

B.

The Wall Street Journal

C.

Campus placement office

D.

Chamber of Commerce

E.

Professional association

Accessibility: Keyboard Navigation
Blooms: Evaluate
Difficulty: 2 Medium
Kapoor - Chapter 02 #36
Learning Objective: 02-02 Evaluate factors that influence employment opportunities.
Topic: Career Information Sources

37.
(p. 55)

The Occupational Outlook Handbook would be most useful for determining: 

A.

jobs available in your community.

B.

current economic conditions.

C.

expected employment in various career clusters.

D.

interview questions for various careers.

E.

suggested resume formats for various career fields.

Accessibility: Keyboard Navigation
Blooms: Evaluate
Difficulty: 2 Medium
Kapoor - Chapter 02 #37
Learning Objective: 02-03 Implement employment search strategies.
Topic: Career Information Sources

38.
(p. 56)

Which one of the following is a professional association that can assist in career planning for a specific career area? 

A.

Bureau of Labor Statistics

B.

Chamber of Commerce

C.

Rotary Club

D.

American Marketing Association

E.

U.S. Department of Labor

Accessibility: Keyboard Navigation
Blooms: Understand
Difficulty: 2 Medium
Kapoor - Chapter 02 #38
Learning Objective: 02-03 Implement employment search strategies.
Topic: Career Information Sources

39.
(p. 59)

The purpose of an informational interview is to: 

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.

Accessibility: Keyboard Navigation
Blooms: Understand
Difficulty: 2 Medium
Kapoor - Chapter 02 #39
Learning Objective: 02-03 Implement employment search strategies.
Topic: Informational Interview

40.
(p. 56)

Kenton Greer wants to locate employment positions presently available in his career area. This information would be best obtained: 

A.

the Occupational Outlook Handbook.

B.

professional contacts.

C.

an informational interview.

D.

the Bureau of Labor Statistics.

E.

business and economic news reports.

Accessibility: Keyboard Navigation
Blooms: Analyze
Difficulty: 2 Medium
Kapoor - Chapter 02 #40
Learning Objective: 02-03 Implement employment search strategies.
Topic: Career Information Sources

41.
(p. 64)

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

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

Accessibility: Keyboard Navigation
Blooms: Understand
Difficulty: 2 Medium
Kapoor - Chapter 02 #41
Learning Objective: 02-04 Assess financial and legal concerns related to obtaining employment.
Topic: Comparing Benefits

42.
(p. 65)

Barb Hotchkins is in the 28 percent tax bracket. A tax-exempt employee benefit with a value of $500 would have a tax-equivalent value of: 

A.

$694.

B.

$528.

C.

$500.

D.

$360.

E.

$140.

$694 = $500/(1 - .28)

Accessibility: Keyboard Navigation
Blooms: Apply
Difficulty: 3 Hard
Kapoor - Chapter 02 #42
Learning Objective: 02-04 Assess financial and legal concerns related to obtaining employment.
Topic: Tax-Exempt Employee Benefits

43.
(p. 64)

Federal tax-deferred employee benefits are: 

A.

not subject to federal income tax.

B.

not subject to state income tax.

C.

taxed at some future time.

D.

are taxed at a special rate.

E.

only available to union employees.

Accessibility: Keyboard Navigation
Blooms: Understand
Difficulty: 3 Hard
Kapoor - Chapter 02 #43
Learning Objective: 02-04 Assess financial and legal concerns related to obtaining employment.
Topic: Tax-Deferred Employee Benefits

44.
(p. 66)

Efficient work habits are an example of: 

A.

on-the-job training.

B.

continuing education.

C.

an employee's initiative.

D.

cooperative education.

E.

seniority.

Accessibility: Keyboard Navigation
Blooms: Understand
Difficulty: 1 Easy
Kapoor - Chapter 02 #44
Learning Objective: 02-05 Analyze techniques available for career growth and advancement.
Topic: Career Advancement/Employee Initiative

45.
(p. 75)

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

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.

Accessibility: Keyboard Navigation
Blooms: Understand
Difficulty: 1 Easy
Kapoor - Chapter 02 #45
Learning Objective: 02-A Resumes; Cover Letters; and Interviews
Topic: Career Objective on Resume

46.
(p. 75)

The education section of a resume should include: 

A.

names of instructors.

B.

course numbers.

C.

individual course grades.

D.

schools attended.

E.

class activities.

Accessibility: Keyboard Navigation
Blooms: Understand
Difficulty: 1 Easy
Kapoor - Chapter 02 #46
Learning Objective: 02-A Resumes; Cover Letters; and Interviews
Topic: Education Section on Resume

47.
(p. 55)

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: 

A.

doing research on a company.

B.

obtaining financial planning and budgeting skills.

C.

public speaking.

D.

human relations.

E.

problem solving.

Accessibility: Keyboard Navigation
Blooms: Understand
Difficulty: 1 Easy
Kapoor - Chapter 02 #47
Learning Objective: 02-03 Implement employment search strategies.
Topic: Obtaining Financial Planning and Budgeting Skills

48.
(p. 77)

A chronological resume sequences personal data based on: 

A.

experience.

B.

education.

C.

areas or ability.

D.

career goal.

E.

time.

Accessibility: Keyboard Navigation
Blooms: Understand
Difficulty: 1 Easy
Kapoor - Chapter 02 #48
Learning Objective: 02-A Resumes; Cover Letters; and Interviews
Topic: Chronological Resume

49.
(p. 77)

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

A.

goal-oriented

B.

functional

C.

chronological

D.

targeted

E.

data base

Accessibility: Keyboard Navigation
Blooms: Understand
Difficulty: 1 Easy
Kapoor - Chapter 02 #49
Learning Objective: 02-A Resumes; Cover Letters; and Interviews
Topic: Chronological Resume

50.
(p. 78)

A functional resume is best for a person who: 

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.

Accessibility: Keyboard Navigation
Blooms: Understand
Difficulty: 2 Medium
Kapoor - Chapter 02 #50
Learning Objective: 02-A Resumes; Cover Letters; and Interviews
Topic: Functional Resume

51.
(p. 78)

A person who has worked in many fields and has a variety of skills in categories such as communications, research, and personnel administration would probably be best served with the use of a ____________ resume. 

A.

targeted

B.

functional

C.

chronological

D.

goal-oriented

E.

career change

Accessibility: Keyboard Navigation
Blooms: Understand
Difficulty: 2 Medium
Kapoor - Chapter 02 #51
Learning Objective: 02-A Resumes; Cover Letters; and Interviews
Topic: Types of Resumes

52.
(p. 78)

A ____________ resume is designed to obtain a specific job. 

A.

functional

B.

chronological

C.

goal-oriented

D.

targeted

E.

data

Accessibility: Keyboard Navigation
Blooms: Understand
Difficulty: 1 Easy
Kapoor - Chapter 02 #52
Learning Objective: 02-A Resumes; Cover Letters; and Interviews
Topic: Types of Resumes/Targeted

53.
(p. 79)

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

A.

one page.

B.

two pages.

C.

three pages.

D.

four pages.

E.

five or more pages depending on experiences.

Accessibility: Keyboard Navigation
Blooms: Understand
Difficulty: 1 Easy
Kapoor - Chapter 02 #53
Learning Objective: 02-A Resumes; Cover Letters; and Interviews
Topic: Resume Preparation/Page Length

54.
(p. 79)

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

A.

accounting.

B.

finance.

C.

advertising.

D.

information technology.

E.

human resources.

Accessibility: Keyboard Navigation
Blooms: Understand
Difficulty: 1 Easy
Kapoor - Chapter 02 #54
Learning Objective: 02-A Resumes; Cover Letters; and Interviews
Topic: Resume Alternatives/Gimmicky Resume

55.
(p. 80)

What is the purpose of a cover letter? 

A.

Obtain career planning information

B.

Request a reference for a job

C.

Develop resume information

D.

Research a career area

E.

Express interest in a job

Accessibility: Keyboard Navigation
Blooms: Understand
Difficulty: 1 Easy
Kapoor - Chapter 02 #55
Learning Objective: 02-A Resumes; Cover Letters; and Interviews
Topic: Cover Letters

56.
(p. 80)

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

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.

Accessibility: Keyboard Navigation
Blooms: Understand
Difficulty: 2 Medium
Kapoor - Chapter 02 #56
Learning Objective: 02-A Resumes; Cover Letters; and Interviews
Topic: Cover Letters/Development Section

57.
(p. 83)

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

A.

screening

B.

informational

C.

selection

D.

contact

E.

follow-up

Accessibility: Keyboard Navigation
Blooms: Understand
Difficulty: 1 Easy
Kapoor - Chapter 02 #57
Learning Objective: 02-A Resumes; Cover Letters; and Interviews
Topic: Types of Interviews/Screening

58.
(p. 83)

The purpose of a screening interview is to: 

A.

make business contacts.

B.

reduce the number of applicants for a job.

C.

locate potential people for advancement within the company.

D.

judge the best qualified candidates for a position.

E.

obtain information on available jobs in an area.

Accessibility: Keyboard Navigation
Blooms: Understand
Difficulty: 2 Medium
Kapoor - Chapter 02 #58
Learning Objective: 02-A Resumes; Cover Letters; and Interviews
Topic: Types of Interviews/Screening

59.
(p. 83)

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

A.

informational

B.

confirmation

C.

selection

D.

screening

E.

personal contact

Accessibility: Keyboard Navigation
Blooms: Understand
Difficulty: 2 Medium
Kapoor - Chapter 02 #59
Learning Objective: 02-A Resumes; Cover Letters; and Interviews
Topic: Types of Interviews/Selection

60.
(p. 83)

The purpose of a selection interview is to: 

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.

Accessibility: Keyboard Navigation
Blooms: Understand
Difficulty: 1 Easy
Kapoor - Chapter 02 #60
Learning Objective: 02-A Resumes; Cover Letters; and Interviews
Topic: Types of Interviews/Selection

61.
(p. 49)

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

A.

Two year vocational degree

B.

Bachelor's degree

C.

Master's degree

D.

Professional or doctorate degree

E.

Associate's degree

Accessibility: Keyboard Navigation
Blooms: Evaluate
Difficulty: 1 Easy
Kapoor - Chapter 02 #61
Learning Objective: 02-01 Describe activities associated with career planning and advancement.
Topic: Effects of Educational Attainment on Salary

62.
(p. 49)

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

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 these are competencies commonly associated with successful people

Accessibility: Keyboard Navigation
Blooms: Understand
Difficulty: 1 Easy
Kapoor - Chapter 02 #62
Learning Objective: 02-01 Describe activities associated with career planning and advancement.
Topic: Competencies of Successful People

63.
(p. 52)

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. 

A.

demographic trends

B.

economic conditions

C.

industry trends

D.

geographic trends

E.

educational trends

Accessibility: Keyboard Navigation
Blooms: Understand
Difficulty: 2 Medium
Kapoor - Chapter 02 #63
Learning Objective: 02-02 Evaluate factors that influence employment opportunities.
Topic: Industry Trends/Demographic

64.
(p. 53)

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.

technology trends

B.

economic conditions

C.

industry trends

D.

geographic trends

E.

educational trends

Accessibility: Keyboard Navigation
Blooms: Understand
Difficulty: 2 Medium
Kapoor - Chapter 02 #64
Learning Objective: 02-02 Evaluate factors that influence employment opportunities.
Topic: Industry Trends/Geographic

65.
(p. 52)

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. 

A.

demographic trends

B.

economic conditions

C.

industry trends

D.

geographic trends

E.

educational trends

Accessibility: Keyboard Navigation
Blooms: Understand
Difficulty: 2 Medium
Kapoor - Chapter 02 #65
Learning Objective: 02-02 Evaluate factors that influence employment opportunities.
Topic: Industry Trends/Economic Conditions

66.
(p. 51)

Billy Freniere has gone to the career placement center at his university. He has taken both an interests test and a personality test and has found careers where his interests and personality are well suited. Which step in the career planning process has Billy completed? 

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.

Accessibility: Keyboard Navigation
Blooms: Analyze
Difficulty: 2 Medium
Kapoor - Chapter 02 #66
Learning Objective: 02-01 Describe activities associated with career planning and advancement.
Topic: Steps in the Career Planning Process/Assessing Personal Goals/Abilities

67.
(p. 51)

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 process has Brock completed? 

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.

Accessibility: Keyboard Navigation
Blooms: Analyze
Difficulty: 2 Medium
Kapoor - Chapter 02 #67
Learning Objective: 02-01 Describe activities associated with career planning and advancement.
Topic: Steps in the Career Planning Process/Evaluating Employment Market

68.
(p. 51)

Austin Guess has written his resume and had it checked by his career placement center for errors. He plans on sending it to three companies he has identified as having job openings. Which step in the career planning process is Austin completing? 

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.

Accessibility: Keyboard Navigation
Blooms: Analyze
Difficulty: 2 Medium
Kapoor - Chapter 02 #68
Learning Objective: 02-01 Describe activities associated with career planning and advancement.
Topic: Steps in the Career Planning Process/Resumes and Cover Letters

69.
(p. 51)

Kyle Burroughs has purchased a suit and has interviewed with three companies through the career placement center at his university. He was surprised by some of the questions asked and does not feel he answered them well. He has developed some answers that he feels are better answers and better reflects his abilities and aptitudes. Which step in the career planning process has Kyle completed? 

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.

Accessibility: Keyboard Navigation
Blooms: Analyze
Difficulty: 2 Medium
Kapoor - Chapter 02 #69
Learning Objective: 02-01 Describe activities associated with career planning and advancement.
Topic: Steps in the Career Planning Process/Interviewing

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