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This quiz consists of 5 multiple choice and 5 short answer questions through Push the Button.

Multiple Choice Questions

1. How did the associates justify the value of a company?
(a) Doing research of the company that is for sale.
(b) Math equations.
(c) Discussing the value with lawyers.
(d) Whatever creative methods he needed to use.

2. Who gives the final command to print the prospectus?
(a) The president of the company.
(b) The client.
(c) The managing director.
(d) The associate.

3. What did the department heads explain to the new recruits?
(a) Investment banking 101.
(b) How to get ahead in banking life.
(c) How to work the investment banking system.
(d) Explained their little piece of DLJ.

4. No ___________ is spared in printing the prospectus.
(a) Down time.
(b) Inconvenience.
(c) Expense.
(d) Time.

5. In general, what are associates expected to do?
(a) Be personal assistants for managing directors.
(b) Sit in on meetings and take notes.
(c) Create lies for their companies.
(d) Generate a lot of factual information for the buying and selling of companies.

Short Answer Questions

1. In the investment banking world, what were comps?

2. What is the definition of valuation?

3. Who decides the value of a business?

4. At training, what were all new associates told they were?

5. When were some of the only times new an old associates and old associates speak their true feelings concerning DLJ?

(see the answer key)

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