Question 1: “We have to cut costs in city
government, and I am committed to distributing the pain of these cuts equally,”
the mayor says during his weekly press conference. “To demonstrate this
commitment, I am today announcing that I and every member of my office staff
will immediately take a $5,000 reduction in our annual pay.” Consulting the
latest city budget, you learn that the mayor is paid $95,832 a year. The annual
salaries of his three office staffers are as follows: Executive Assistant Paula
Pennington earns $44,664 a year, Personnel Manager Jorge Sanchez earns $33,202 a year, and receptionist James Lassiter earns
$21,703 per year. A $5,000 cut will represent an approximately 5 percent cut in
the mayor’s pay. Which of the following figures represents
the next smallest pay cut in the mayor’s office:
Answer: 11 percent
Question 2: The county school system is shockingly
wasteful,” a campaign flyer being circulated by
Answer: About 2 percent
Question 3: “I’d like to congratulate Philip Covington, our new finance director, on his management of the city police department’s pension fund investments. A year ago, when Phil joined us, the pension fund’s principal balance stood at $5,450,354. Through careful, wise stock investments during the past 12 months, Phil has grown that balance by a whopping $250,000. Every officer in the city owes Phil a big “thanks” for doing so much to ensure the pension fund’s profitability.” After calling half a dozen local banks, you learn that several would have given the city 6 percent interest, compounded monthly, had the pension fund’s principal balance been deposited with them during the past year. Which of the following figures represents the amount of interest that such a deposit would have earned?
$144,657
*$336,166
$596,821
$283,901
Question 4: One soldier, ___ Amanda Hopkins, suffered injuries in the blast.
Corporal
*Cpl.
corporal
cpl.
Question 5: In the U.S. Army, which is the highest rank out of the following four:
captain
lieutenant colonel
*colonel
major
Question 6: Investigators found __ handguns and __ rifles in the suspect's home.
10, 5
ten, five
*10, five
ten, 5
Question 7: __ children and __ adults were aboard the bus at the time of the accident.
*Twenty-two, four
22, 4
22, four
Twenty-two, 4
Question 8: She booked a flight from __
*
Question 9: The flight arrived at __
*
Question 10: The afternoon’s speakers included __.
*Gov. Susan Floyd
Governor Susan Floyd
gov. Susan Floyd
governor Susan Floyd