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This quiz consists of 5 multiple choice and 5 short answer questions through Corporate Finance and Investing.

Multiple Choice Questions

1. Buffett thought that any CEO who set earning targets and forecasts might also take ______ with accounting measures.
(a) Carelessness.
(b) Less than legal strategies.
(c) Risks.
(d) Pride.

2. Berkshire might evolve into a _______ form of board situation, upon Buffett's death, according to the book.
(a) Third.
(b) Fourth.
(c) Second.
(d) Dissolved.

3. Confusing ________ requirements were offset by the partners' willingness to report look-through earnings.
(a) Accounting.
(b) Tax.
(c) Stock.
(d) Market.

4. What was the name of the bank that had substantial equity interest in Berkshire?
(a) Chase.
(b) Wells Fargo.
(c) Bank of America.
(d) Fifth Third.

5. Buffett's long term economic goal was to maximize per share _________ value of Berkshire stock by owning a diversified group of businesses.
(a) Market.
(b) Intrinsic.
(c) Economic.
(d) True.

Short Answer Questions

1. Half of all major American companies match __________ donations of directors.

2. The margin of ________ was the cornerstone of investment success, according to Graham.

3. Ben Graham personified the market with the name ___________, to give it a more human side.

4. Buffett and Munger bought _________ companies the same way they might buy private companies.

5. _________ were often unwilling to discuss the business issues during meetings.

(see the answer key)

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