PRACTICE TEST 5 in Software

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PRACTICE TEST 5
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33 To be a great salesman requires strong personal skills, the ability to think fast, and demands a can-do attitude A requires strong personal skills, the ability to think fast, and demands B requires strong personal skills, the ability to think fast, and C requires strong personal skills, demands the ability to think fast, and D requiring strong personal skill, an ability to think fast, and demands E demands strong personal skills, an ability to think fast, but with 34 The tremendous insight of Einstein was that the passage of time does not appear the same while standing still as it does to a person traveling at a substantial portion of the speed of light A while standing still as it does to a person traveling B to a person standing still as to a person traveling C to a person who is standing still as a person who is traveling D while standing still as to traveling E to a person standing still as to a person who travels 35 Professor Markham s theory fails to explain the extent to which savings from personal income has shifted to short-term bonds, money-market funds, and other near-term investments by the instability in the futures market A to which savings from personal income has shifted B of savings from personal income that has been shifted C of savings from personal income shifting D to which savings from personal income have shifted E to which savings from personal income has been shifted
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36 Approximately $120 billion in venture capital is estimated as having poured into technology stocks during the late 1990s, creating a valuation bubble that burst in 2000 A Approximately $120 billion in venture capital is estimated as having poured into technology stocks during the late 1990s, creating B During the late 1990s approximately $120 billion in venture capital is estimated to have poured into technology stocks and created C During the late 1990s it is estimated that there was approximately $120 billion in venture capital that was poured into technology stocks, creating D It is estimated that during the late 1990s, approximately $120 billion in venture capital poured into technology stocks, creating E It is estimated that there was approximately $120 billion in venture capital that poured into technology stocks during the late 1990s and created 37 Jim Smyth may be a charismatic speaker, but it seems to be counterproductive to have a high school dropout as mayor in a town where illiteracy functionally affects 37 percent of the electorate A where illiteracy functionally affects 37 percent of the electorate B in which functionally the electorate is 37 percent illiterate C where 37 percent of the electorate are functionally illiterate D which has 37 percent of the electorate functionally illiterate E where, of the electorate, 37 percent of them functionally are illiterate
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THE PRACTICE TESTS
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For the following questions, select the best of the answer choices given
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Which of the following, if true, provides the strongest argument that the councilman s plan will not increase the city s revenue A A system that promotes parking fines will anger citizens, and they will consequently vote the councilman out of office if the plan goes through B The city owns only 14 parking spots in the downtown area C The costs of assessing and collecting the parking fines will surpass the revenues likely to be collected from the new plan D Ray s parking garage, the only competition for the city-owned parking places downtown, charges $18 per day for its parking places E It has been observed that on an average day, approximately three different cars park in each of the city-owned parking spots downtown 40 Over the last five years, Eagle Trust Bank has seen the number of its retail customer accounts drop by over 40 percent Over this same period, the price of Eagle Trust stock has increased by more than 80 percent This phenomenon has perplexed certain investors, who believe that a bank s stock should drop if its number of customer accounts drops Which of the following, if true over the last five years, best accounts for the observed movement in the price of Eagle Trust stock A Two years ago Eagle Trust was investigated by the Securities and Exchange Commission for accounting irregularities, but last year the company was cleared of all charges B Eagle Trust recently implemented a highly publicized program for no-fee home mortgages C Eagle Trust is in the process of switching its customer base from retail customers to commercial customers, which now account for over 75 percent of the bank s revenues D There have been many aggressive new entrants into the retail customer banking business over the last five years E Eagle Trust is known for offering one of the best employee benefits packages in the industry
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38 The decline in the price of biotech stocks has hurt many institutions that had invested heavily in biotech companies Last year the state university added 200,000 shares of a biotech stock to its holdings The stock in question has declined in value by more than 90 percent over the last 12 months The college, however, did not purchase the stock, but received it as a gift Therefore, the price decline will not harm the university s finances Which of the following, if true, casts the most doubt on the conclusion that the price decline of biotech stocks will not harm the university s finances A The biotech sector is volatile; some stocks that lose 90 percent of their value in one year may regain all of their value and more in the following year B The university needs to pay capital gains taxes only on a stock sale that results in a gain; stocks sold at a loss will incur no tax penalty C Although the biotech sector is down, the overall health-care sector, in which the university has invested heavily, is up for the year D The biotech company in question has a promising new drug in development that could revolutionize the treatment of type II diabetes E The university began construction of a new laboratory last year that the provost had expected to pay for with the proceeds from the sale of the biotech stock in question 39 A city councilman has proposed a controversial new plan to increase city revenues from the parking places downtown He has proposed that instead of charging $120 per hour for parking in these spots, the city should make all parking spots five-minute loading zones, and then assess $15 parking fines on anyone who parks in the spots for more than five minutes
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