Topic Test Answers

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1
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It is worthwhile to build your network of contacts because ________.

A
Networking provides the most successful job leads
B
People with many contacts are always respected
C
Contacts are always available to help you
D
Networks sustain themselves without any work
2
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If you decide to hunt for your next job while you are still employed, you should be careful to _______.

A
Only search for jobs in other industries
B
Tell your boss you are looking right away
C
Tell your coworkers where you are looking
D
Keep the information to yourself
3

In which environment would you would be more likely to have easy access to museums and fine arts?

A
Urban
B
Suburban
C
Rural
D
None of these is more likely to have museums and fine arts
4

Although buying a Certificate of Deposit can earn your higher returns than a regular savings account, it can have the negative side effect of _________.

A
Needing frequent transfers to stay active
B
Requiring a high initial investment
C
Being taxed when invested and when withdrawn
D
Having to be tied to a fixed rate saving account
5

Which of the following activities would qualify as community involvement?

A
Volunteering at a local homeless shelter
B
Contributing money to a politician in another state
C
Paying taxes to the Federal government
D
Learning about the history of foreign countries
6

One natural consequence of mastering your job can be increased _______.

A
Excitement
B
Boredom
C
Interest
D
Fear
7

If you focus on the present now, instead of focusing on your future concerns, you will be able to __________.

A
Gain more enjoyment from your leisure time
B
Avoid doing more work than necessary
C
Create a feeling of control in your life
D
All of the above
8

Individual Retirement Accounts (IRAs) are very popular because ______.

A
They include a large variety of stock options
B
They are not taxed until retirement
C
They have very high rates of return
D
They have unlimited contribution potential
9

When performing a self-assessment, it is useful to ask yourself whether you _________.

A
Really enjoy what you do at work
B
Think your job pays enough
C
Can achieve your career goals in the same company
D
All of the above
10

Describing a former job as a positive experience will reflect badly upon you.

A
T
B
F
11

Someone who is extremely dissatisfied with the direction of their current employer and has their own great ideas, an independent streak, and a great work ethic might decide to _______.

A
Tough it out and try to adjust to their workplace
B
Quit their jobs and start their own business
C
sabotage their bosses in order to get new leadership
D
Climb the corporate ladder in order to implement their ideas
12

Most job leads are discovered through _______.

A
Networking
B
Classified ads
C
Internet listing
D
Cold calling
13

Which career choice could negatively impact your future health and wellness?

A
Choosing a manual labor job which strains your body
B
Choosing a white collar job with high pay and tons of stress
C
Choosing a sales job with the possibility of no retirement benefits
D
All of the above
14

Which factor is NOT used to determine who can be let go during a downsizing?

A
Seniority
B
Level of Income
C
Gender
D
Department
15

Citizenship has three dimensions. Legal citizenship is defined as ______.

A
Being well informed of issues important to your community
B
Being the legal resident of a particular place
C
Being an active member of the community
D
None of the above
16

Well balanced people are more productive employees.

A
T
B
F
17

A 401(k) account is very valuable because ______.

A
Money contributed to a 401(k) is not taxed
B
Each plan opens at a value of one million dollars
C
Your employer is required to match your investment
D
The employee can use the 401(k) money without penalties
18

Each citizen has a list of actions which they may do freely. These are referred to as _____.

A
Obligations
B
Responsibilities
C
Rights
D
Citizenship
19

What disadvantage would be experienced by a person applying for their Social Security benefits at age 62?

A
They would be ineligible to receive benefits after they turn 85 years old
B
They would receive only a partial benefit for as long as they collect Social Security
C
They have to complete 120 hours of community service each year until they reach 65 years old
D
They are given full benefits, but can only spend them on food and housing costs
20

Companies benefit from employee balance because, compared to poorly balanced employees, well balanced employees __________.

A
Stay in their jobs longer
B
Are more productive
C
Have higher job satisfaction
D
All of the above

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