Stage 5 Testing 1:Multiple-Choice Questions
Now you will hear 10 questions about the information you heard in the lecture.Each question will be spoken one time only,and it will not be written out for you.You must listen very carefully to each question.After hearing a question,you must read the four possible answer choices provided.You will then refer to your notes and select(a),(b),(c)or(d)—whichever is the best choice.
1.
(a)In the 15th century
(b)In the 16th century
(c)In the 17th century
(d)In the 18th century
2.
(a)Google
(b)Netscape Communications
(c)Microsoft
(d)Yahoo!
3.
(a)Because the government encouraged the public to invest in Internet companies
(b)Because the high-tech companies performed fairly well
(c)Because the public demonstrated a strong demand for Internet IPOs
(d)Because inflation rate was exceptionally high
4.
(a)$2.4 billion
(b)$3.0 billion
(c)$1.2 billion
(d)$0.7 billion
5.
(a)To finance research and development
(b)To repay outstanding debt
(c)To fund purchases of fixed assets
(d)All of the above
6.
(a)They view public companies negatively
(b)They show trust in public companies
(c)They are indifferent toward public companies
(d)None of the above
7.
(a)To raise additional capital quickly
(b)To establish a board of directors
(c)To pay dividends to shareholders
(d)To release quarterly financial statements
8.
(a)Because companies have to hire attorneys and accountants
(b)Because companies have to pay underwriting commission
(c)Because registration statements have to be prepared
(d)All of the above
9.
(a)Because the board of directors hold meetings regularly
(b)Because company shareholders visit manufacturing facilities regularly
(c)Because they are required to disclose operating details
(d)Because their financial statements have to be audited
10.
(a)The more company shares are issued,the more effective decisions will be made
(b)The more company shares are issued,the less control the management will have
(c)Investors are interested in the company’s future business plan
(d)Lawsuits are filed by customers concerning company’s product quality