Family Finance Chapt 2

Career Planning Finding employment that fits interests and abilities and will support financially.
Career Goal Identify what you want to do for a living.
Lifestyle trade- offs weighing the demands of particular jobs with your social and cultural preferences.
Professional abilities qualities that allow you to perform tasks physically, mentally, artistically, mechanically, and financially. – most important are computer skills, honesty/integrity.
aptitudes natural abilities and talents that individuals posses. – good at numbers, good in public settings, solving problems.
work-style personality own ways of working with and responding to job requirements, surroundings, and associates.
Professional networking making and using contacts such as individuals, groups, institutions, to obtain and exchange information in career planning.
job referral act recommending someone to another by sending a reference for employment.
All of the following are examples of employee benefits except :a bonustuition reimbursementchild carepaid sick leave a bonustuition reimbursementchild carepaid sick leave
Which of the following is the most unwise option for taking care of money in an employer-sponsored retirement plan when changing jobs?Leave it with the old employerTransfer it to a new employers 401(k) planCash it outMove it to an IRA rollover account – Leave it with the old employer- Transfer it to a new employers 401(k) plan-Cash it out- Move it to an IRA rollover account
After hiring an employee, the law requires employers to do all of the following except : – pay Social Security taxes to the federal government. – provide unemployment insurance. – provide workers’ compensation benefits if the employee is injured on the job. – pay all of the employee’s health care expenses. – pay Social Security taxes to the federal government. – provide unemployment insurance. – provide workers’ compensation benefits if the employee is injured on the job. – pay all of the employee’s health care expenses.
Which of the following is not true about cover letters?- They should sell you to the prospective employer. – They should expand on a couple of details from your resume. – They should be generally written, not for a specific position. – They are designed to express your interest in obtaining an interview. – They should sell you to the prospective employer. – They should expand on a couple of details from your resume. – They should be generally written, not for a specific position.- They are designed to express your interest in obtaining an interview.

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