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This test consists of 15 multiple choice questions and 5 short answer questions.

Multiple Choice Questions

1. After word processing, who was next in line to receive the pitch book?
(a) The client.
(b) Copy center.
(c) The managing directors.
(d) The buyers.

2. Why do all associates wait eagerly for their reviews?
(a) It was a shorter work day.
(b) They got presents for Christmas.
(c) Reviews determined raises.
(d) Reviews were generally kind.

3. What is the most important thing that associates must always attend?
(a) Investment meetings.
(b) Drafting sessions for the prospectus.
(c) Lunches.
(d) Pitch book proposals.

4. Why did Troob have to constantly cancel dates with his girlfriend?
(a) Because he was cheating on her.
(b) Because of work.
(c) She cheated on him.
(d) Rolfe forbid Troob to see his girl.

5. When did Rolfe's disillusionment finally begin?
(a) He refused to meet new people and became antisocial.
(b) He began masturbating at work. He had no personal time.
(c) He lost his will to date.
(d) He realized no women wanted to be around him.

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

7. How could DLJ find out about competitors' bonuses?
(a) They sent spies to learn about the bonuses.
(b) DLJ made really good guesses.
(c)
(d) They were the last company to give reviews.

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

9. Who was sworn to secrecy concerning bonuses?
(a) Managing directors.
(b) Associates.
(c) Everyone at the company.
(d) Vice presidents.

10. Gradually, what did Troob feel guilty about?
(a) That he would leave Rolfe behind.
(b) His inability to stand up for himself.
(c) Who is friends were.
(d) His rowdy, unruly, behavior.

11. How long could a road show last?
(a) 2 weeks.
(b) 10 weeks.
(c) 3 days.
(d) 4 weeks.

12. Where are most European investment banks headquartered?
(a) London and Paris.
(b) Montreal.
(c) Madrid.
(d) Berlin.

13. How do accountants factor into the prospectus process?
(a) They were not used.
(b) They crunch numbers as the execs want them to.
(c) They were forced to lie.
(d) Associates prep them for client meetings.

14. What are other outlandish gifts that an associate might give a copy center worker?
(a) Lap dances at a strip club.
(b) Chocolates on Valentines Day.
(c) Beer on St Patty's.
(d) Dinner at their apartment.

15. How many sections were in a prospectus?
(a) Ten sections.
(b) Thirteen sections.
(c) Twenty sections.
(d) Three sections.

Short Answer Questions

1. What did Rolfe receive very little _____ throughout the development of pitches?

2. So long as he was in the banking business, what would Troob not have?

3. Why were client and managing director meetings hated by associates?

4. What happened to the older bankers?

5. What did Rolfe help an older banker to do?

(see the answer keys)

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