Test Bank For Personal Finance 13Th Ed By Jack Kapoor
Personal Finance, 13e (Kapoor)
Chapter 2 Â Financial Aspects of Career PlanningÂ
1) Corporate culture refers to the methods used by an organization to determine the value of employee benefits.
Answer:Â FALSE
Difficulty: 2 Medium
Topic:Â Work environment and considerations
Learning Objective:Â 02-04 Assess financial and legal concerns related to obtaining employment.
Bloom’s:Â Understand
Accessibility:Â Keyboard Navigation; Screen Reader Compatible
Gradable:Â automatic
2) An interest inventory measures the natural abilities that people possess.
Answer:Â FALSE
Difficulty: 2 Medium
Topic:Â Career choice factors
Learning Objective:Â 02-01 Describe activities associated with career planning and advancement.
Bloom’s:Â Understand
Accessibility:Â Keyboard Navigation; Screen Reader Compatible
Gradable:Â automatic
3) Employment in housing-related industries increases and decreases based on changes in interest rates.
Answer:Â TRUE
Difficulty: 1 Easy
Topic:Â Career opportunities; Economic conditions and factors
Learning Objective:Â 02-02 Evaluate factors that influence employment opportunities.
Bloom’s:Â Understand
Accessibility:Â Keyboard Navigation; Screen Reader Compatible
Gradable:Â automatic
4) Libraries usually have a variety of career information sources for career planning including government publications and industry brochures.
Answer:Â TRUE
Difficulty: 1 Easy
Topic:Â Career Information Sources
Learning Objective:Â 02-03 Implement employment search strategies.
Bloom’s:Â Understand
Accessibility:Â Keyboard Navigation; Screen Reader Compatible
Gradable:Â automatic
5) The purpose of an informational interview is to obtain employment from a branch office of a major corporation.
Answer:Â FALSE
Difficulty: 2 Medium
Topic:Â Job interviews
Learning Objective:Â 02-03 Implement employment search strategies.
Bloom’s:Â Understand
Accessibility:Â Keyboard Navigation; Screen Reader Compatible
Gradable:Â automatic
6) Government-supported employment services can assist individuals with finding a job.
Answer:Â TRUE
Difficulty: 2 Medium
Topic:Â Job opportunities and searches
Learning Objective:Â 02-03 Implement employment search strategies.
Bloom’s:Â Understand
Accessibility:Â Keyboard Navigation; Screen Reader Compatible
Gradable:Â automatic
7) A cafeteria-style employee benefits program allows workers to select the benefits they prefer based on their personal needs.
Answer:Â TRUE
Difficulty: 2 Medium
Topic:Â Cafeteria-style employee benefits
Learning Objective:Â 02-04 Assess financial and legal concerns related to obtaining employment.
Bloom’s:Â Understand
Accessibility:Â Keyboard Navigation; Screen Reader Compatible
Gradable:Â automatic
8) A tax-exempt employee benefit may be worth more than a tax-deferred benefit.
Answer:Â TRUE
Difficulty: 3 Hard
Topic:Â Taxation and employee benefits
Learning Objective:Â 02-04 Assess financial and legal concerns related to obtaining employment.
Bloom’s:Â Understand
Accessibility:Â Keyboard Navigation; Screen Reader Compatible
Gradable:Â automatic
9) Continuing career education to update your knowledge can be through formal or informal methods.
Answer:Â TRUE
Difficulty: 1 Easy
Topic:Â Career development
Learning Objective:Â 02-05 Analyze techniques available for career growth and advancement.
Bloom’s:Â Understand
Accessibility:Â Keyboard Navigation; Screen Reader Compatible
Gradable:Â automatic
10) A mentor is an experienced employee who serves as a teacher and counselor for a less experienced person in a career field.
Answer:Â TRUE
Difficulty: 2 Medium
Topic:Â Career development
Learning Objective:Â 02-05 Analyze techniques available for career growth and advancement.
Bloom’s:Â Understand
Accessibility:Â Keyboard Navigation; Screen Reader Compatible
Gradable:Â automatic
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