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Increased technology can result in a reduction of employment in one industry while creating new jobs in other industries.

A) True
B) False

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To assess the current value of a lump-sum retirement benefit that will be received in 10 years,use the ____________ calculation.


A) present value of annuity
B) present value of a single amount
C) future value of an annuity
D) future value of a single amount
E) retained earnings

F) All of the above
G) None of the above

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

A) True
B) False

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A ____________ résumé is designed to obtain a specific job.


A) functional
B) chronological
C) goal-oriented
D) targeted
E) data

F) B) and D)
G) A) and B)

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Federal tax-deferred employee benefits are:


A) not subject to federal income tax.
B) not subject to state income tax.
C) taxed at some future time.
D) are taxed at a special rate.
E) only available to union employees.

F) All of the above
G) A) and E)

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Which of the following is the point at which retirement contributions made on your behalf by the company belong to you even if you no longer work for the company?


A) networking
B) vesting
C) a tax deferred benefit
D) a tax exempt benefit
E) break even

F) None of the above
G) B) and D)

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A common criticism of including a career objective on a résumé is that it:


A) may be too vague.
B) takes too much room on the résumé.
C) is frequently the same as that of other candidates.
D) is not of interest to most employers.
E) usually does not relate to the job sought.

F) C) and D)
G) B) and E)

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The Occupational Outlook Handbook would be most useful for determining:


A) jobs available in your community.
B) current economic conditions.
C) expected employment in various career clusters.
D) interview questions for various careers.
E) suggested résumé formats for various career fields.

F) D) and E)
G) A) and B)

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Certain careers increase and decrease in demand based on changes in interest rates.

A) True
B) False

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A screening interview is reserved for only the finalists in a job search.

A) True
B) False

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The education section of a résumé should include:


A) names of instructors.
B) course numbers.
C) individual course grades.
D) schools attendeD.
E) class activities.

F) A) and B)
G) A) and C)

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A lack of willingness to accept a variety of employment positions is a common career planning mistake associated with a lack of:


A) common sense.
B) communication skills.
C) training.
D) flexibility.
E) perseverancE.

F) A) and E)
G) A) and B)

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Ned Turner has done some research and has found that the population in the U.S.is aging which means there will be an increased need for health care professionals in the future.This is an example of __________________ influencing jobs in the future.


A) demographic trends
B) economic conditions
C) industry trends
D) geographic trends
E) educational trends

F) B) and E)
G) A) and B)

Correct Answer

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Which one of the following would likely lead to the most added income over an individual's working career?


A) two year vocational degree
B) bachelor's degree
C) master's degree
D) professional or doctorate degree
E) associate's degree

F) B) and E)
G) C) and E)

Correct Answer

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

A) True
B) False

Correct Answer

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Natural abilities that people possess are called:


A) interests.
B) aptitudes.
C) attitudes.
D) personality traits.
E) occupational techniques.

F) B) and C)
G) B) and E)

Correct Answer

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What is the purpose of a cover letter?


A) obtain career planning information
B) request a reference for a job
C) develop résumé information
D) research a career area
E) express interest in a job

F) D) and E)
G) B) and D)

Correct Answer

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Suzanne is beginning to think she needs to find a new job.She is happy with her present salary and job duties,and has a large corner office with a wonderful view of the city.In spite of this,she dreads going to work each day.Discuss four reasons that may be to blame for her dissatisfaction at work.

Correct Answer

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1) Poor work environment: Despite having...

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Jeremy Irons has done some research and has discovered that the states with the largest population growth are Colorado and Arizona.Based on his findings,Jeremy believes these states will experience greater job growth as a result.This is an example of _____ influencing jobs in the future.


A) technology trends
B) economic conditions
C) industry trends
D) geographic trends
E) educational trends

F) C) and E)
G) A) and B)

Correct Answer

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Which of the following is sent to a company to indicate your interest in a position and to obtain an interview? It is generally accompanied by your résumé.


A) list of references
B) college transcript
C) diploma
D) cover letter
E) recommendation letter

F) A) and C)
G) A) and E)

Correct Answer

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