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PF 3.00 Understand The Principles Of Earning (3.01 3.02)
Test Description: 3.00 Understand the Principles of Earning
Instructions: Answer all questions to get your test result.
1) Which of the following statements is NOT true?
A
Transferable skills can be applied to many personal and professional roles.
B
Most people have several careers throughout their lifetime.
C
People can develop human capital in a variety of ways.
D
Jobs are paid positions.
2) Jose has been challenged by his academic advisor to ‘develop some human capital’ this school year. Which activity below would be the LEAST effective way to reach that goal?
A
Spend additional time playing video games to further develop his eye‐hand coordination.
B
Volunteer to pick up trash along the roadsides.
C
Ask his employer if there are any new tasks at work that he might be assigned.
D
Attend a workshop on a topic he has little knowledge of.
3) One’s Lifestyle is to their Standard of Living as present is to ___________ ?
A
Recent
B
Past
C
Future
D
Gift
4) Miranda is working to develop a broad base of transferable skills. This means that she:
A
Will not have as much time to develop her human capital.
B
Use her available hours outside of school for paid employment rather than volunteering.
C
Needs to maintain at least a part time job during the school year.
D
Will have a set a versatile skill that she can apply to many personal and professional roles.
5) Eric is writing a paper on the importance of investing in yourself and he is looking for a sentence to use as the thesis statement for his paper. Which sentence below would be the best choice?
A
Education pays in higher earnings and lower unemployment rates.
B
Human capital and transferable skills result from formal training.
C
Investing in yourself too early can lead to a lower standard of living.
D
Completing your college degree is the best way to prepare for a career.
6) An example of a transferable skill is a skill:
A
that can only be used in an individual’s job or career.
B
used in your job that you acquired through past jobs, volunteering, hobbies, school sports, or other life experiences.
C
that each employer requires you to learn.
D
that is learned at one job and is required at other jobs as well.
7) Lora is a high school computer and technology teacher. She enrolls in a computer class at least twice per year to stay current on recent technology changes and updates. By continuing her education, Lora is investing in her:
A
salary
B
human capital
C
family
D
interest inventory
8) Individuals with more formal educational training usually have:
A
lower personal satisfaction
B
higher estimated lifetime earnings
C
greater amounts of leisure time
D
more comfortable work environments.
9) Zoe has been assigned by her school counselor to complete a career assessment. Which statement BEST describes why her counselor has suggested she do this?
A
Her counselor wants Zoe to interview people in her area of interest to see if she truly enjoys that career.
B
Her counselor wants Zoe to match her skills, abilities, interests and values with a list of specific occupations.
C
Her counselor wants Zoe to search for a career that will provide career advancement as she gains more experience.
D
Her counselor wants Zoe to find a career that will provide a high level of income to support Zoe’s lifestyle and wellbeing.
10) Joanna has arranged to complete a job shadow with a physical therapist to decide if this is a career she wants to pursue. Which of her concerns is she MOST LIKELY to have answered as a result of her job shadow?
A
The future outlook for physical therapy jobs
B
Opportunities for advancement in the career
C
Common tasks and typical daily activities
D
The amount of money physical therapists earn
11) Which statement WOULD NOT be true about the value of career research?
A
Opinions from different people working in the occupation should be considered before ruling out a particular career.
B
Current job availability is as essential to consider as whether you have the skills to pursue a particular career.
C
One person might value a flexible schedule, and another might care more about the amount of training required
D
Many careers would support your well‐being. Career exploration allows you to find the one that pays the most.
12) Career assessments help to identify:
A
fastest and slowest growing careers in a particular occupation
B
positions available in a particular occupation
C
possible career areas related to one’s interests
D
the job an individual should have if he/she wants high well‐being
13) In order to make an informed career decision, a high school student will want to:
A
choose a career that offers the amount of money desired
B
choose a training program that will guarantee employment after the course work is completed
C
commit to a profession that requires a college degree
D
develop personal goals, complete a career assessment, and research careers
*select an answer for all questions
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