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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
painter
B
cashier
C
lawyer
D
waiter
2) All of the following are categories found in the Occupational Outlook Handbook except
A
Construction.
B
Athletics.
C
Sales.
D
Farming.
3) The Occupational Outlook Handbook will not tell you
A
educational requirements for particular jobs.
B
the names of companies currently seeking employees.
C
what it is like to work at a particular job.
D
the average salary for particular jobs.
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
overtime.
B
benefits.
C
salary.
D
profit.
6) Jenny has just received a promotion at work. She will now probably
A
have less authority than before.
B
need to find a new job.
C
be making less money than before.
D
be doing more challenging work.
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 Dictionary of Occupational Titles
B
the Occupational Outlook Handbook
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
upgrading.
B
retraining.
C
self-assessment.
D
outsourcing.
9) A major economic trend affecting all Americans is
A
less international competition
B
a slowdown in the pace of technological change.
C
greater emphasis on manufacturing and less emphasis on information.
D
growing world market for U.S. goods.
10) Informal groups of people with common interests who interact for mutual assistance are called
A
chat groups.
B
buddy lists.
C
hubs.
D
networks.
11) In the United States, the central activity of a person's life is typically
A
going to school.
B
spending time with family.
C
household chores.
D
work.
12) Your values are shaped by
A
your family.
B
religion.
C
all of the above.
D
the news media.
13) The way people choose to live their lives, based on the values they have chosen, is called
A
aptitude.
B
culture.
C
lifestyle.
D
societal expectations.
14) Which of the following personality traits would probably be helpful for someone who worked as a salesperson?
A
more of a follower than a leader
B
outgoing and friendly
C
quiet and shy
D
prefers low-stress environment
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
every month
B
about every five years.
C
every year
D
never
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
work in an office close to top managers; under pressure to meet goals
C
work in an office entering or retrieving data
D
assist customers in store or on location of goods being sold
18) Spending a morning or afternoon with a worker in the type of job that interest you is called
A
mentoring.
B
supervising.
C
job shadowing.
D
networking.
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
headhunter.
C
cannibal.
D
helicopter.
20) A record of the jobs your have held and how long you stayed with each employer is called your
A
work history.
B
personal data sheet.
C
self-evaluation.
D
portfolio.
*select an answer for all questions
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