FIN LIT Final Exam Review Part I - Careers

1. The average American has over how many jobs in his/her career?

• 2
• 6
• 11
• 30

2. What do the letters in a SMART goal stand for?

• short, measurable, attainable, realistic, and timely
• specific, measurable, attainable, realistic, and timely
• short, meaningful, attainable, realistic, and timely
• specific, meaningful, attainable, realistic, and timely

3. What is the charge for instruction at a school called?

• grants
• tuition
• living expenses
• housing expenses

4. The Occupational Outlook Handbook

• is available online.
• has data about the major job areas in the United States.
• does not give projections for jobs for future years.
• is available online and has data about the major job areas in the United States.

5. A short term financial goal is between

• zero and 3 months.
• 3 months and 6 months.
• 6 months and a year.
• year and 3 years.

6. A medium term financial goal is between

• zero and 3 months.
• 3 months to 1 year
• 1 to 5 years
• 5 years and 10 years.

7. A long term financial goal is between

• zero and 3 months.
• 3 months and 6 months.
• 6 months and a year.
• more than a year.

8. A plan to complete a college education is an example of a(n)

• goal.
• appraisal.
• skill.
• value.

9. A Masters degree program

• is study beyond a Bachelors degree program.
• usually requires one to three years.
• may require an internship.
• all of the choices.

10. Money received from an outside source to help pay for education is

• an internship.
• value.
• financial aid.
• all of the choices.