CEB题库 VerbalWord格式文档下载.docx

CEB题库 VerbalWord格式文档下载.docx

《CEB题库 VerbalWord格式文档下载.docx》由会员分享，可在线阅读，更多相关《CEB题库 VerbalWord格式文档下载.docx（29页珍藏版）》请在冰豆网上搜索。

Humanmortality,whilstconsistingofunpredictableindividualevents,hasastatisticalregularitywhenaveragedacrossalargegroup.Thismakespossibleawholehostofproducts,ofwhichtheannuityisone.Thepriceofanannuitypayingafixedregularincomeforlifeisbaseduponthestatisticallifeexpectancyofthepurchaseratthetimetheannuityistobegin.Thecompanysellingtheannuitywillbenefitfromallthosecustomersthatdieearlierthanpredicted,whilecustomersareattractedbytheprospectofguaranteedincomeforaslongastheylive.Annuitieshavethedisadvantagethatthecapitalinvestedisunrecoverable（i.e.uponthedeathofannuitantnothingisleftfortheheirs）,butthatfactalsoenablesannuitiestoguaranteehigherpaymentsthancouldbeobtainedifthesamesumofmoneywereinvestedatinterest.

1.Theheirsofapersonwhobuyanannuitytendtobeagainstthepurchase.

A.True

B.False

C.Can’tAnswer

Answer:

C

2.Essentially,thepurchaserofanannuityisgamblingthattheywilllivelongenoughtoreceiveagoodreturnontheirinvestment.

3.Annuityreturnsaregenerallysimilartoreturnsfrominvestingthemoneyinaninterestbearingaccounts.

B

AnswerQuestion4–6basedonthefollowingtext:

Incasuallanguage,thetermstheoryandmodelareoftenusedinterchangeably.Fromatechnicalpointofviewthereisanimportantdifference.Theoriesprovideageneralframework,butbecauseofthegeneralityofthespecification,atheorycannotbeshowntobeusefuloruselessuntilitisfullyspecifiedintheformofamodel.Amodel,ontheotherhand,needsbydefinitiontobeformulatedwithintheconcepts,alongwithasetofassumptionsaboutheconceptsandtheirrelationships.Theappropriatenessofamodelmustthenbeevaluatedwithrespecttoaparticularsetoftestdata.Theevaluationmaybedonebyconductingasuitablydesignedsetofempiricalinvestigations,byrationalinspectionofthemodelassumptionsinrelationtothetestdata,orideallyboth.

4.Itismoremeaningfultolookatthepracticalutilityofamodelthanitsabsoluteveracity.

A

5.Mostpeoplefailtounderstandthedifferencebetweenatheoryandamodel.

6.Amodelcanexistintheabsenceofatheory.

AnswerQuestion7–9basedonthefollowingtext:

Communicationtechnologiesarefarfromequivalent.Arecentstudycomparinghonestyacrossarangeofdifferentmediarevealedthatpeopleweretwiceaslikelytotelllieswhenusingthephonethanwhencommunicatingviae-mail.Ithadpreviouslybeenassumedthatpeoplewouldbemoreinclinedtofabricatethetruthwhenusinge-mail,duetotheremotenessoftheinteractionmakingpeoplemorecomfortableaboutdeceivingothers.Onthecontrary,itseemsthatanxietyovertheaccountabilityaffordedbytherecordingofe-mailexchangesinducesgreatertruthfulness.However,theresearchalsonotedthatpeoplearemuchmorelikelytoberudeorinsultingovere-mail,outweighinganybenefitsofincreasedhonesty!

7.Animplicationofthestudyisthatiftelephoneconversationsarerecordedandpeopleareawareofthisfact,theyarelikelytobemoretruthfuloverthephone.

8.Peopleareunconcernedabouttherepercussionofe-mailuntruths.

B

9.Ithadbeenassumedthatpeoplewouldcommunicatemorehonestlywhenusinge-mailthanwhenusingthetelephone.

AnswerQuestion10–12basedonthefollowingtext:

Thereisoftenconsiderablescientificdisagreementbothaboutavailablereservesofnaturalresourcesandabouttheextentofenvironmentaldamagecausedbyparticularpollutants.Evenwherethescientificevidenceisincontrovertible.Theremaybepoliticalconflict,basedondifferentvestedinterests,overthedegreetowhichparticularenvironmentalcontrolsshouldbeaccepted.Governmentsmay,forexample,refrainfromintroducingeffectivecontroliftheyfearthesewilladverselyaffectcompanyprofitabilityorjobs,evenwheretheenvironmentalcostofnotintroducingcontrolsareconsiderable.

10.Thereisalwaysscientificdebatearoundthefactsregardingthereservesofnaturalresources.

11.Veryrarelyisthereconflictoverthedegreetowhichparticularenvironmental

controlsshouldbeaccepted.

12.Partieswithavestedinterestaremoreinfluencedbypoliticsthansciencewhendecidingwh