PF4.0 CAREER TEST Q&A
Resume - Answer-"A snapshot of your qualifications that include personal
background information such as education and previous work history."
Retirement Plan - Answer-"Set up by the employer and designed to help employees
save for retirement. The employer generally contributes to the plan."
Stock Purchases and Options - Answer-"The company offers the employee the right
to buy a specific number of shares of company stock at a specified price."
Compensation - Answer-"What a job will pay you (important to meet your financial
goals)."
Internship - Answer-"Temporary, short-term position designed to provide exposure to
and training on a particular job."
Post-Secondary Institutions - Answer-"Refers to all education that takes place after
high school. Although often though of as university or college education, it can also
include education at community colleges and trade schools."
Training Programs - Answer-"For some careers, you must obtain specific specialized
training (ex. police academy, firefighters, EMS, nurses, etc.)."
Apprenticeship - Answer-"On-the-job training programs where you acquire a skill
while you are working (ex: plumbers, electricians, welding, heating and air
conditioning, etc."
Certification - Answer-"Official document or record stating that a person has met
some standard for training or knowledge (be careful - some are useless)."
Cafeteria Plans - Answer-"A reimbursement plan governed by IRS section 125,
which allows employees to contribute a certain amount of their gross income to a
designated account or accounts before taxes are calculated."
Cover Letter - Answer-"Introduction and highlights your strengths to persuade the
employer for an interview."
Educational Reimbursement - Answer-"The company pays back to the employee for
any courses they take for professional development."
Employee Leave (Vacation/sick) - Answer-"The employee receives a certain number
of days each year for sick, vacation, or personal days. These are paid days."
Incentive Plans - Answer-"Motivates employees to exceed expectations and grow
the business. The employee is generally rewarded with cash or stock bonuses."
Resume - Answer-"A snapshot of your qualifications that include personal
background information such as education and previous work history."
Retirement Plan - Answer-"Set up by the employer and designed to help employees
save for retirement. The employer generally contributes to the plan."
Stock Purchases and Options - Answer-"The company offers the employee the right
to buy a specific number of shares of company stock at a specified price."
Compensation - Answer-"What a job will pay you (important to meet your financial
goals)."
Internship - Answer-"Temporary, short-term position designed to provide exposure to
and training on a particular job."
Post-Secondary Institutions - Answer-"Refers to all education that takes place after
high school. Although often though of as university or college education, it can also
include education at community colleges and trade schools."
Training Programs - Answer-"For some careers, you must obtain specific specialized
training (ex. police academy, firefighters, EMS, nurses, etc.)."
Apprenticeship - Answer-"On-the-job training programs where you acquire a skill
while you are working (ex: plumbers, electricians, welding, heating and air
conditioning, etc."
Certification - Answer-"Official document or record stating that a person has met
some standard for training or knowledge (be careful - some are useless)."
Cafeteria Plans - Answer-"A reimbursement plan governed by IRS section 125,
which allows employees to contribute a certain amount of their gross income to a
designated account or accounts before taxes are calculated."
Cover Letter - Answer-"Introduction and highlights your strengths to persuade the
employer for an interview."
Educational Reimbursement - Answer-"The company pays back to the employee for
any courses they take for professional development."
Employee Leave (Vacation/sick) - Answer-"The employee receives a certain number
of days each year for sick, vacation, or personal days. These are paid days."
Incentive Plans - Answer-"Motivates employees to exceed expectations and grow
the business. The employee is generally rewarded with cash or stock bonuses."
