试题与答案

阅读理解。 A punctual person is in the habit

题型:阅读理解

题目:

阅读理解。

     A punctual person is in the habit of doing a thing at the proper time and is never late in

keeping an appointment(约会).

     The unpunctual man, on the other hand, never does what he has to do at the proper time.

He is always in a hurry and in the end loses both time and his good name. A lost thing may

be found again, but lost time can never be regained. Time is more valuable than material things.

In fact, time is life itself. The unpunctual man is forever wasting and mismanaging his most

valuable asset(财产)as well as others'. The unpunctual person is always complaining that he

finds no time to answer letters, or return calls or keep appointments promptly. But the man who

really has a great deal to do is very careful of his time and seldom complains of want of it. He

knows that he cannot get through his huge amount of work unless he faithfully keeps every piece

of work when it has to be attended to.

     Failure to be punctual in keeping one's appointments is a sign of disrespect towards others.

If a person is invited to dinner and arrives later than the appointed time, he keeps all the other

guests waiting for him. Usually this will be regarded as a great disrespect to the host and all other

guests present.

     Unpunctuality, moreover, is very harmful when it comes to do one's duty, whether public or

private. Imagine how it would be if those who are put in charge of important tasks failed to be

at their proper places at the appointed time. A man who is known to be habitually unpunctual is

never trusted by his friends or fellow men.

1. According to the passage, the main reason that a person is always unpunctual is that____.

A. he has more work to do than other people

B. he is always in a hurry when he works

C. he doesn't care much about time

D. he always mismanages and wastes his time

2.What does the underlined word mean?_____

A. in time    

B. be late    

C. on time    

D. at times

3. According to the third paragraph, when you are invited to dinner, you should arrive there ____.

A. after other guests have arrived      

B. at the appointed time

C. before all other guests            

D. after the host has got things ready

4. Which of the following statements best describes the harm of unpunctuality?______

A. If you are an unpunctual person, you cannot be in charge of any important task.

B. Unpunctuality may bring about heavy losses for both public and private affairs

C. If your friends know that you are unpunctual, they may not see you again.

D. Unpunctuality may make you miss a lot of appointments and lose friends.

答案:

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下面是错误答案,用来干扰机器的。

答案:D

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题型:单项选择题

During the past 15 years, the most important component of executive pay packages, and the one .most responsible for the large increase in the level of such compensation, has been stock-option grants. The increased use of option grants was justified as a way to align executives’ interests with shareholders’. For various tax, accounting, and regulatory reasons, stock-option grants have largely comprised "at-the-money options": rights to purchase shares at an "exercise price" equal to the company’s stock price on the grant date. In such at-the-money options, the selection of the grant date for awarding options determines the options’ exercise price and thus can have a significant effect on their value.
Earlier research by financial economists on backdating practices focused on the extent to which the company’s stock price went up abnormally after the grant date, My colleagues and I focused instead on how a grant-date’s price ranked in the distribution of stock prices during the month of the grant. Studying the universe of about 19,000 at-the-money, unscheduled grants awarded to public companies’ CEOs during the decade 1996-2005, we found a clear relation between the likelihood of a day’s being selected as a grant date for awarding options, and the rank of the day’s stock price within the price distribution of the month: a day was most likely to be chosen if the stock price was at the lowest level of the month, second most likely to be chosen if the price was at the second-lowest level, and so forth. There is an especially large incidence of "lucky grants" (defined as grants awarded on days on which the stock price was at the lowest level of the month): 12 percent of all CEO option grants were lucky grants, while only 4 percent were awarded at the highest price of the month.
The passage of the Sarbanes-Oxley Act in August 2002 required firms to report grants within two days of any award. Most firms complied with this requirement, but more than 20 percent of grants continued to be reported after a long delay. Thus, the legislation could be expected to reduce but not eliminate backdating. The patterns of CEO luck are consistent with this expectation: the percentage of grants that were lucky was a high 15 percent before enactment of the law, and declined to a lower, but still abnormally high, level of 8 percent afterwards.
Altogether, we estimate that about 1,150 CEO stock-option grants owed their financially advantageous status to opportunistic timing rather than to mere luck. This practice was spread over a significant number of CEOs and firms: we estimate that about 850 CEOs ( about 10 percent) and about 720 firms ( about 12 percent) received or provided such lucky grants. In addition, we estimate that about 550 additional grants at the second-lowest or third-lowest price of the month owed their status to opportunistic timing.
The cases that have come under scrutiny thus far have led to a widespread impression that opportunistic timing has been primarily concentrated in "new economy" firms. But while the frequency of lucky grants has been somewhat higher in such firms, more than 80 percent of the opportunistically timed grants have been awarded in other sectors. Indeed, there is a significantly higher-than-normal incidence of lucky grants in each of the economy’s 12 industries.

It can inferred from the passage that

A.1150 CEOs have benefited financially from lucky grants.

B.more than 850 CEOs owe their success to mere luck.

C.opportunistic timing can provide unfair financial rewards.

D.lucky grants are widely spread over various industries.

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