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

Multiple Choice Questions

1. Who was in charge of revising the pitch books?
(a) New associates.
(b) Managing directors.
(c) Junior vice presidents.
(d) Everyone.

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

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

4. Why were client and managing director meetings hated by associates?
(a) Associates were questioned at random about their work.
(b) No one could bring phones or computers to the meetings.
(c) It meant much more work.
(d) The meetings are boring.

5. How much time could an associate expect to spend at work per week?
(a) 35 hours a week.
(b) 90 hours a week.
(c) 60 hours a week.
(d) Up to 100 hours a week.

6. What do potential investors rely on during a prospectus presentation?
(a) Their lawyers opinions.
(b) Pretty pictures and images.
(c) Their own instincts.
(d) Rely on the sales pitch of the investment banker.

7. What does the associate do with their down time while waiting on the prospectus?
(a) Goes to sleep.
(b) Do their taxes.
(c) Twiddles his thumbs.
(d) Eat, drink, and relax.

8. What do the high bonuses say about DLJ?
(a) DLJ values people who do a good job.
(b) The company gave away any amount of money to keep employees.
(c) DLJ loves all of its employees.
(d) DLJ had a lot of business coming in.

9. What place was tied to the success of Troob and Rolfe?
(a) The word processing room.
(b) The editing center.
(c) The copy center.
(d) The travel department.

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

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

12. What physically happened to Troob?
(a) Got grey hair.
(b) He rapidly gained weight.
(c) He lost his hair.
(d) Sprained his ankle.

13. At the end of Bonuses, Reviews, and Compensation, what became clear to Troob and Rolfe?
(a) They would never be able to make more money in another field.
(b) No one received a raise.
(c) Employees don't matter to DLJ. They will use associates like commodities.
(d) DLJ is the best company to work for.

14. Why did Troob feel guilty about his behavior at the holiday party?
(a) He wants to experience New York.
(b) His parents are ashamed.
(c) He is tired of the debauchery.
(d) He had a serious girlfriend.

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

Short Answer Questions

1. Besides food, what was mostly consumed at the party?

2. Instead of the copy center, where did the prospectus go to be finished?

3. At DLJ, what was the holiday party considered to be?

4. Performance reviews mark _______________ at DLJ.

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

(see the answer keys)

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