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