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Personal Finance Exam Review 1
Test Description: Final exam review
Instructions: Answer all questions to get your test result.
1) Which of the following would be considered a professional career?
A
waiter
B
cashier
C
painter
D
lawyer
2) All of the following are categories found in the Occupational Outlook Handbook except
A
Athletics.
B
Farming.
C
Construction.
D
Sales.
3) The Occupational Outlook Handbook will not tell you
A
the average salary for particular jobs.
B
the names of companies currently seeking employees.
C
educational requirements for particular jobs.
D
what it is like to work at a particular job.
4) All of the following factors are within your control except
A
demand for workers in your chosen field.
B
all of the above factors are within your control.
C
your job experience.
D
your level of education
5) The amount of monthly or annually pay that you earn for working is called
A
benefits.
B
overtime.
C
salary.
D
profit.
6) Jenny has just received a promotion at work. She will now probably
A
be making less money than before.
B
have less authority than before.
C
be doing more challenging work.
D
need to find a new job.
7) Which of the following would probably be the best resource for someone who wanted to learn about how to start and run a small business?
A
the Occupational Outlook Handbook
B
the Dictionary of Occupational Titles
C
Junior Achievement
D
newspaper classified ads
8) Learning new and different skills so you can retain the same level of employability is called
A
outsourcing.
B
self-assessment.
C
retraining.
D
upgrading.
9) A major economic trend affecting all Americans is
A
a slowdown in the pace of technological change.
B
growing world market for U.S. goods.
C
less international competition
D
greater emphasis on manufacturing and less emphasis on information.
10) Informal groups of people with common interests who interact for mutual assistance are called
A
chat groups.
B
networks.
C
hubs.
D
buddy lists.
11) In the United States, the central activity of a person's life is typically
A
household chores.
B
spending time with family.
C
going to school.
D
work.
12) Your values are shaped by
A
all of the above.
B
the news media.
C
your family.
D
religion.
13) The way people choose to live their lives, based on the values they have chosen, is called
A
culture.
B
societal expectations.
C
lifestyle.
D
aptitude.
14) Which of the following personality traits would probably be helpful for someone who worked as a salesperson?
A
outgoing and friendly
B
prefers low-stress environment
C
quiet and shy
D
more of a follower than a leader
15) The first step in career planning is
A
developing necessary skills.
B
finding a part-time job.
C
research.
D
self-analysis.
16) About how often should you reevaluate your career goals?
A
every month
B
never
C
every year
D
about every five years.
17) Which of the following best describes the work environment for a management job?
A
work in an office entering or retrieving data
B
assist customers in store or on location of goods being sold
C
work in an office close to top managers; under pressure to meet goals
D
work in a factory using tools and machines; focused on quality
18) Spending a morning or afternoon with a worker in the type of job that interest you is called
A
networking.
B
mentoring.
C
job shadowing.
D
supervising.
19) A type of employment agency that seeks out highly qualified people to fill important positions for an employer is a(n)
A
helicopter.
B
shark.
C
headhunter.
D
cannibal.
20) A record of the jobs your have held and how long you stayed with each employer is called your
A
self-evaluation.
B
work history.
C
portfolio.
D
personal data sheet.
*select an answer for all questions
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