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

Multiple Choice Questions

1. How many shareholders did Munger and Buffett pledge to provide fair and simultaneous reporting to?
(a) 15,000.
(b) 50%.
(c) 10.
(d) 300,000.

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

3. What was the name of Warren Buffett's partner in the company they shared?
(a) Steve Jobs.
(b) Charlie Munger.
(c) Lloyd Munger.
(d) Bill Gates.

4. Buffett managed by ________-related business principles, according to the book.
(a) Business.
(b) Stock.
(c) Owner.
(d) Math.

5. What was the initial book value of the company that Buffett and his partner acquired in 1964?
(a) $47.01.
(b) $10.67.
(c) $19.46.
(d) $35.00

Short Answer Questions

1. The partners considered a lesser interest if the ________ price was less than what it would be for 100%.

2. Who did Buffett authorize to use the essays in the book to popularize the teachings and Buffett's own implementation of the teachings?

3. When did Berkshire Hathaway begin as a textile company?

4. What was the title of Buffett in relation to his company?

5. Berkshire invested in companies with excellent economic prospects and outstanding __________.

(see the answer key)

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