Test Bank For Personal Finance 13Th Ed By Jack Kapoor

Test Bank For Personal Finance 13Th Ed By Jack Kapoor

Personal Finance, 13e (Kapoor)

Chapter 2   Financial Aspects of Career Planning 

1) Corporate culture refers to the methods used by an organization to determine the value of employee benefits.

Answer:  FALSE

Difficulty: 2 Medium

Topic:  Work environment and considerations

Learning Objective:  02-04 Assess financial and legal concerns related to obtaining employment.

Bloom’s:  Understand

Accessibility:  Keyboard Navigation; Screen Reader Compatible

Gradable:  automatic

2) An interest inventory measures the natural abilities that people possess.

Answer:  FALSE

Difficulty: 2 Medium

Topic:  Career choice factors

Learning Objective:  02-01 Describe activities associated with career planning and advancement.

Bloom’s:  Understand

Accessibility:  Keyboard Navigation; Screen Reader Compatible

Gradable:  automatic

3) Employment in housing-related industries increases and decreases based on changes in interest rates.

Answer:  TRUE

Difficulty: 1 Easy

Topic:  Career opportunities; Economic conditions and factors

Learning Objective:  02-02 Evaluate factors that influence employment opportunities.

Bloom’s:  Understand

Accessibility:  Keyboard Navigation; Screen Reader Compatible

Gradable:  automatic

4) Libraries usually have a variety of career information sources for career planning including government publications and industry brochures.

Answer:  TRUE

Difficulty: 1 Easy

Topic:  Career Information Sources

Learning Objective:  02-03 Implement employment search strategies.

Bloom’s:  Understand

Accessibility:  Keyboard Navigation; Screen Reader Compatible

Gradable:  automatic

5) The purpose of an informational interview is to obtain employment from a branch office of a major corporation.

Answer:  FALSE

Difficulty: 2 Medium

Topic:  Job interviews

Learning Objective:  02-03 Implement employment search strategies.

Bloom’s:  Understand

Accessibility:  Keyboard Navigation; Screen Reader Compatible

Gradable:  automatic

6) Government-supported employment services can assist individuals with finding a job.

Answer:  TRUE

Difficulty: 2 Medium

Topic:  Job opportunities and searches

Learning Objective:  02-03 Implement employment search strategies.

Bloom’s:  Understand

Accessibility:  Keyboard Navigation; Screen Reader Compatible

Gradable:  automatic

7) A cafeteria-style employee benefits program allows workers to select the benefits they prefer based on their personal needs.

Answer:  TRUE

Difficulty: 2 Medium

Topic:  Cafeteria-style employee benefits

Learning Objective:  02-04 Assess financial and legal concerns related to obtaining employment.

Bloom’s:  Understand

Accessibility:  Keyboard Navigation; Screen Reader Compatible

Gradable:  automatic

8) A tax-exempt employee benefit may be worth more than a tax-deferred benefit.

Answer:  TRUE

Difficulty: 3 Hard

Topic:  Taxation and employee benefits

Learning Objective:  02-04 Assess financial and legal concerns related to obtaining employment.

Bloom’s:  Understand

Accessibility:  Keyboard Navigation; Screen Reader Compatible

Gradable:  automatic

9) Continuing career education to update your knowledge can be through formal or informal methods.

Answer:  TRUE

Difficulty: 1 Easy

Topic:  Career development

Learning Objective:  02-05 Analyze techniques available for career growth and advancement.

Bloom’s:  Understand

Accessibility:  Keyboard Navigation; Screen Reader Compatible

Gradable:  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:  TRUE

Difficulty: 2 Medium

Topic:  Career development

Learning Objective:  02-05 Analyze techniques available for career growth and advancement.

Bloom’s:  Understand

Accessibility:  Keyboard Navigation; Screen Reader Compatible

Gradable:  automatic