PART 7 Directions: In this part, you will read a selection of texts, such as magazine and newspaper articles, letters, and advertisements. Each text is followed by several questions. Select the best answer for each question and mark the letter (A), (B), (C), or (D) on your answer sheet. Questions 153 – 154 refer to the following report. In 2006 there was a rapid rise in consumer spending. Consumption increased by 16 percent, but disposable income went up by only 13 percent, so the savings rate fell. The standard of living improved: outlay for food decreased while more money was spent on furniture, health, education, and recreation. The most important evidence of a new standard of living was the sudden increase in expenditures for transport, especially in private automobiles. While many people are enjoying a higher and higher standard of living today, there is some concern about the future among economists and financial planners. Savings pattern will have to change in order to ensure that today’s young families will continue to enjoy a high standard of living, even after the primary wage earners enter their retirement years. There is particular concern about the rise in investment in property that depreciates in value, such as automobiles, rather than in property, such as real estate, that appreciates in value. 153.What was the result of the disproportionate increase in spending? (A)People saved less. (B) The standard of living dropped. (C) People postponed purchases. (D)People bought used furniture. 154.What is outstanding proof of the emergence of a new lifestyle in 2006? (A)People were healthier. (B) People saved more money. (C) People bought more cars. (D)People spent more for food. Questions 155 – 156 refer to the following letter. June 20, 20________ Ms. Patricia Mendoza The Logan Company 1843 Palm Spring Road Miami, FL 33127 Dear Ms. Mendoza: Enclosed is a duplicate copy of the report on Logan’s media ad policy, which you requested in your letter of June 10. I apologize for not getting it to you sooner, but I was away from the office at a conference when your letter arrived. As you read the report, you will see that all the facts point directly to one decision. This is one of those rare instances where all data lead to the same conclusion. With such clear evidence, it is easy to understand why we have been saying that these findings will have a hug impact on the future direction of Logan. In reviewing the report, you may have questions regarding the cost analysis. It is true that the recommended plan will cost more initially. But keep in mind that the long- term outlook is very positive, and this project should eventually pay for itself many times over. A detailed cost-benefit analysis is included in the report appendix, and I believe it explains everything quite clearly. However, if you would like more information regarding the cost question, let me know, and I will forward it to you immediately. Please don’t hesitate to contact me if you have any concerns or questions at all. I am grateful for this assignment and look forward to working with you again in the future. Sincerely, Eugene Garfinkel Director of Research 155.Which of the following describes how Mr. Garfinkel feels about the result of his report? (A)Inconclusive (B) Clear-cut (C) Doubtful (D)Insufficient 156.The word “outlook” in paragraph 3, line 3 is closest in meaning to (A)scenery (B) overhang (C) point of view (D)account Questions 157 – 159 refer to the following table. SURVEY OF FACTORY PERSONNEL AGE MEN WOMEN Under 25 10 26 26 – 35 34 44 36- 50 38 10 Over 50 13 0 MARITAL STATUS Married 54 20 Divorced, Widowed, Separated 10 32 Single 31 28 157.Who makes up the largest number of factory personnel? (A)Married woman over 36. (B) Married men. (C) Divorced, widowed, or separated women, ages 36 to 50. (D)Married men, ages 26 -35 158.In which category do women outnumber men? (A)Workers who are between 26 and 35 years old. (B) Workers who are married. (C) Workers who are single. (D)Workers who are over 50. 159.In which category are there fewer man than women? (A)Under 25 years of age (B) Over 50 years of age (C) Married (D)Ages 36 – 50 Questions 160 – 161 refer to the following report. he “expansion phase” in the business world encompasses both recovery and prosperity. During the period of recovery two things happen. First, existing production facilities grow. Plants are enlarged and renovated or completely reconstructed on a larger scale, and production increases. At the same time, new industries develop along side the old ones. Therefore, the expansion of old businesses brings about the development of new ones. T Because of the optimistic climate that results from these developments, there is an increase in capital investments in machinery, as well as in the need for labor and raw materials. Because of the resulting increase in employment, consumer spending power grows, which in turn fuels the need for more production. The expansion of one part of the economy has an echo effect in other areas. When the automobile industry thrives, for example, so do the steel, glass, and rubber industries. The result is an ever-widening circle of prosperity. Our region is currently entering a new “expansion phase”. Business entrepreneurs can look forward to multiple opportunities for investments that are likely to grow at a fast rate over the next few years. We can expect to see a proliferation of new factories, as well as retail outlets, throughout the region. At the same time, unemployment rolls will shrink. The entire face of the region will change during this phase. 160.What happens to old industries when an economy is in a period of revival? (A)They are abandoned in favor of new ones (B) They thrive (C) They are changed into new ones (D)They employ fewer people. 161.When one industry increases production, what happens to others? (A)They are stimulated to produce. (B) They are phased out (C) They seek to relocate abroad (D)They centralize their activities. Questions 162 – 164 refer to the following announcement. AUCTION Attention collector and dealers. Swann’s Auction House will be holding special auctions on the following dates: Thursday, January 15 at 10 AM and 3 PM: Modern Swiss Paintings – works from the second half of the twentieth century, from the collection of Enid Asterbit, including a little – known piece by Hans Rothkopt. Friday, January 16 at 10 AM: Eighteenth – century coins from North Africa and the Middle East. Monday, January 19 at 10 AM: Nineteenth – and early twentieth – century paintings of North America. Wednesday, January 21 at 10 AM and 3 PM: Early American furniture, including several rare floor cloths and pieces by the Anderson Brothers. Coming in March: Early American textiles; pieces from the estate of the Kenmore family; African sculpture. Call Swann’s Auction House for details 162. How many sales will take place on January 15? (A)Two (B) Three (C) Ten (D)Fifteen 163.Who will determine the price of the Swiss paintings? (A)The buyer (B) The seller (C) The artist (D)The European Economic Community. 164.What is the time period of the coins to be auctioned on January 16? (A)1600s (B) 1700s (C) 1800s (D)1900s Questions 165 – 166 refer to the following announcement. Space and Flight Demonstrations Capital Area Space and Flight Demonstration Center, Brandywine, MD (301) 555 – 8506. Come see our full-scale collection of rockets and satellites, along with displays and actual film clips of recent space flights. Sit in a real space capsule. View real space suits and equipment worn and used by astronauts in outer space. Find out how astronauts eat, sleep, and work in zero gravity conditions. Touch a genuine moon rock. Visitors can also see a model rocket launch the first and third Saturday of every month and enjoy movies daily in our new theater. Open Wednesday- Sunday 10 AM to 5 PM. Closed Monday and Tuesday. Theater Schedule All shows are at 10 AM and 2 PM daily, unless otherwise noted. There is a ticket fee of $3 per person. January Trip to the Moon February Exploring our Solar System March Beyond the Milky Way April First Flights 165.How often are model rockets launched at the center? (A)Every day (B) Once a week (C) Twice a month (D)Every other month 166.When is the center closed? (A)Thursday (B) Monday and Tuesday (C) Sunday and Monday (D)Weekends Questions 167 – 169 refer to the following table. NUMBER OF MEN AND WOMEN EMPLOYED IN SALES BY REGION REGION CURRENT YEAR SEVEN YEARS AGO MEN WOMEN MEN WOMEN A 14 3 11 0 B 19 1 11 0 C 77 12 70 0 D 43 5 39 2 E 92 24 87 1 F 37 10 33 2 G 23 3 19 0 H 51 7 48 1 I 28 3 27 0 J 49 6 43 2 K 35 3 33 1 L 59 17 50 1 M 67 5 61 0 TOTAL 594 99 532 10 167. What is the most notable information given in this table? (A)The increase in the number of sales employees (B) The lack of employees seven years ago (C) The increase in the number of women employed (D)The expansion of Sale Region E 168. What is true about Region I? (A)It had the smallest increase in the number of make employees. (B) It had the greatest increase in the number of female employees. (C) It has the most employees overall. (D)It has the fewest employees overall. 169.In what region did the greatest increase in personnel occur? (A)A (B) C (C) E (D)J Questions 170 – 171 refer to the following advertisement. We seek an experienced Tax Manager to be responsile for setting direction in all phases of tax administration and reporting. Position requires proven expetise in corporate taxes and proven ablity to deal effectively within the field of cellular mobile radio and paging. Reports to Chief Financial Officer. Will be responsible for staff of three. Position requires approximately two days of travel per month. Qualified applicant will have a B.S. in accounting and a minimum of five years’s experience, preferably in a corporate setting. CPA preferred. Experience in a supervisory position preferred. Send your resume, salary requirements, and three letters of reference to Jennifer Fabyan, Director of Human Resources, Moonstar, Inc., 301 Maryland Avenue, Suite 12, Marydale, WA 92078. 170. What information is NOT given in the advertisement? (A)Salary and benefits (B) Specific areas of responsibility (C) Educational requirements (D)Experience qualifications 171. What field is this job most probably in? (A)Publications (B) Law (C) Public relations (D)Telecommunications Questions 172 – 175 refer to the following letter. DUCHAMPION CO., INC 4312 Magnolia Berkeley, CA 94703 July 2, 20____ Lisa Troiano Personnel Manager AAK Associates Via Nazionale 12 Rome, Italy Ms. Troiano: Mr. Brendan Fechter requested that I write to you regarding his work at Duchampion Co., Inc., during the last five years. Mr. Fechter entered our employ in June of 1998 and served as one of our junior accountants. During this time, we found his work highly satisfactory. In 2000, we promoted him to the position of accountant, which gave him additional responsibilities that he has handled in a most commendable way. Mr. Fechter is a certified public accountant and possesses a thorough knowledge of accounting problems. We had hoped to promote him within our own firm but are unable to do so at this time. I do not hesitate to recommend Mr. Fechter for the position of chief accountant in your firm. If I can do further assisstance, please contact me. Sincerely, Rafael Esparga Accounting Manager 172.What type of letter is this? (A)An inquiry (B) An acceptance (C) A recommendation (D)A resignation 173.The word “commendable” in paragraph 2, line 4 is closest in meaning to (A)Unworthy (B) Courageous (C) Straightforward (D)Admirable 174.What is Mr. Fechter’s current status? (A)He is employed at Duchampion Co., Inc. (B) He is unemployed. (C) He is studying for CPA certification. (D)He is employed at AAK Associates. (A)What is one disadvantage Mr. Fechter has in reference to this job? (B) His inability to work with others (C) His lack of experience as chief accountant (D)His lack of education (E) Others’ view of his ability Questions 176 – 178 refer to the following passage. any travelers prefer to buy foreign currency in their own countries before they leave, both for convenience and as hedge against possible market fluctuations. M Arriving in a foreign country can be a confusing experience, even for seasoned globetrotters. By Buying your currency beforehand, you can become acquainted with the value and appearance of the notes and coins, as well as avoid any exchange commissions applied by foreign banks for the conversion of foreign currencty. It is more convenient to have some local currency with you immediately upon arrival in a foreign country for the inevitable initial expenses, such as taxis, meals, and tips, as your arrival might not coincide with normal banking hours. As soon as you arrive, you can be ready to go without wasting time lining up to exchange your money. Many modern travelers use automatic teller machines (ATMs) to obtain local cash when traveling abroad. ATMs are easy to use. The machines are familiar, and you can use the same card to access your account as you use at home. One drawback is the hefty fees charged by both the local bank and your home bank. The fees for foreign exchange transactions are generally higher than they are for domestic transactions. When you arrive at the airport, you don’t want to worry about finding the nearest ATM machine and then trying to understand the money it gives you. So, while judicious use of ATMs is a good idea when traveling abroad, ATMs don’t preclude the need to arrive in a foreign country with cash in hand. 176.Who are “seasoned globetrotters”? (A)Summer tourists (B) A basketball team (C) Experienced travelers (D)International gourmets 177.If travelers change their money beofre they leave, what will they NOT have to do? (A)Pay for initial expenses (B) Wait in line for foreign currency (C) Go through customs (D)Watch the stock market 178.What is true about visitors to foreign countries? (A)They do not need local currency. (B) They can become confused with various denominations. (C) They can avoid taxis. (D)They can apply exchange commissions to banks. . Questions 179 – 180 refer to the following advertisement. Are you relocating? Do you need a more spacious office or a better location for your business? Executive Towers, a newly renovated office building in a prime downtown location near subway and major bus lines, has several brand-new offices and office suites avaiable. We have the office space to suit your needs. Our modern, elegantly appointed units come in all sizes, from efficient 150 – square foot spaces to spacious corner suites. Move into one or more of these offices today and be fully productive tomorrow, with high-speed Internet access, private telephone lines, switchboard, receptionist, computers equipeped with office software, several conference rooms, kitchen, and shower facilities. Executive secretary available. Reserved – space parking garage. Photocopying service, delivery service, coffee shop, and catering service available in building. Flexible leases. Ideal for corporate offices. Call 440 – 555- 9200 to make an appointment to view these offices. Or visit our office open house Friday, November 5 from 12:00 to 8:00 PM, 1709 Brigham Avenue, just one block from the Birgham Avenue subway station. Take this opportunity to tour the building, see the available services, and discuss your office needs with one of our leasing agents. Complete an application form and sign a release with no obligation and no money down. 179.Where is this office space located? (A)In the middle of the city. (B) In an industrial park (C) In a deluxe suburb (D)At a corporate headquarters 180.Which of the following is NOT available at this office complex? (A)Someone to greet visitors (B) A separate meeting room (C) A large office (D)A health club Questions 181 – 185 refer to the following notice and ad. Puget Sound Public Health Board Notice The virus that causes influenza is different every season. To prevent the flu from spreading, researchers have to alter the vaccine each year. Developing the correct flu shot has been very challenging for manufacturers this year. As a result, there is a little supply of the vaccine. Certain members of the population are more at risk during flu season than others. Because of the national shortage, the Puget Sound Public Health Board cannot offer the flu shot to everyone. Please read the following questions to find out if you or a family members are eligible to receive this year’s vaccine.  Do you suffer from long-term heart, lung, or blood disorders?  Do you have cancer or another disease?  Are you a health care worker?  Are you over 65 or under 12 months of age?  Are you pregnant or planning on getting pregnant during the flu season? If you answered YES to one or more of these questions, make an appoitment with your family doctor today. Flu shot clinics will be available at various locations throughout the region beginning on October 6. Flu Shot Clinic It’s flu season again. Are you in the 15 percent of the population that is at risk of contracting influenza this year? Don’t take any chances. Visit your doctor today to receive your medical recommendation. Location: Apple Square Mall Time: Mondays and Wednesday from 9 AM – noon. Dates: Octoer 6th – November 30 th For scheduled appointment, please arrive ten minutes early to check in at the public health nurse desk. Bring a letter from your doctor stating that you require the vaccine. You also need your health card and two other forms of ID. Nurses will accept walk-ins on a first-come, first- served basis. Expect to wait if you don’t have an appointment. Note a students and teachers: Puget Sound public and private schools will be offerring the flu shot to all students and staff members. This is a recommendation from the Public Health Board to prevent an [...]... customers ** To access your phone messages, dial your home number and enter your password For billing inquiries, call 1-888-555 -78 66 Please have your phone bill on hand You will need to enter your 7 digit client number Connections Phone Services Ltd 150 S Union St., Suite 2 Houston, TX 77 001 Dear Connections Customer: October 19, 20 _ From your last bill, it appears that you have switched to a new long-distance... calling inside North America from 6 PM.- 6 AM., 7 days/ week: $20/month 2 – World Connections Unlimited calling anywhere in the world, Saturdays and Sundays only: $50/month 3 – Local Connections Unlimited calling inside the United States, 24 hours/ day, 7 days/ week: $ 17. 99/month Call us today to choose the package that is right for you: 1 – 888 – 555 – 78 44 191.What is Miller’s phone bill so much less... She paid $89 .75 193 Why did the phone company send Miller this letter? (A) To remind her of her longdistance charge (B) To convince her to use their long-distance services (C) To inform her of their new hours of operation (D) To request a new method of payment 194 What number should Miller call to check her voice mail? (A) 303-555-6541 (B) 2 07- 555-9922 (C) 1-888-555 -78 44 (D) 1-888-555 -78 66 195 What... Name:Katie Miller Billing number: 78 1KM Address: 20 Civic Center Drive, Lewis, ME 04333 Client number: 990- 6541 Account summary Amount of last bill: $89 .75 Your payment: $100.00 Thank you This month’s charges 1 residental line: Emergency 911: Unlimited answering service: Long distance: State and local tax: Subtotal: Credit: TOTAL: Due: Sept 28 Processed: Sept 19 $32.95 ( 2 07- 555-9922) $.50* $3.00** $0.00... not received your PSN PSN: Activation code: SUBMIT 186.What does the sender ask recipients to do in his email? (A) Review a website (B) Spend more money (C) Invite new members (D) Stay close to home 1 87. What will the CEO do for the holidays? (A) Take a trip (B) Work at the plant (C) Design a new web page (D) Visit with relatives 188.What will NOT be available to shareholders in the new year? (A) Their... of the web page? (A) To note improvement in health research (B) To inform the public about brain injuries (C) To advertise a charity’s financial goals (D) To provide information for possible donors 1 97 How did Fujioka make his donation? (A) By phone (B) On the Internet (C) By mail (D) In person 198.Why did Fujioka receive this tax receipt? (A) He donated more than ¥2290 (B) He called to request it . 0 C 77 12 70 0 D 43 5 39 2 E 92 24 87 1 F 37 10 33 2 G 23 3 19 0 H 51 7 48 1 I 28 3 27 0 J 49 6 43 2 K 35 3 33 1 L 59 17 50 1 M 67 5 61 0 TOTAL 594 99 532 10 1 67. What is the most notable information. Monday (D)Weekends Questions 1 67 – 169 refer to the following table. NUMBER OF MEN AND WOMEN EMPLOYED IN SALES BY REGION REGION CURRENT YEAR SEVEN YEARS AGO MEN WOMEN MEN WOMEN A 14 3 11 0 B 19 1 11 0 C 77 12 70 0 D. call 1-888-555 -78 66. Please have your phone bill on hand. You will need to enter your 7 digit client number. Connections Phone Services Ltd. 150 S. Union St., Suite 2 Houston, TX 77 001 Dear Connections