PRACTICE TEST THREE READING PART VII E OXFORD PRACTICE TEST FOR TOEIC

OXFORD PRACTICE TEST FOR TOEIC

PRACTICE TEST THREE

READING

PART VII E

Directions: In questions 161-200 are based on selection of reading materials, such as notices, letters, forms, newspaper and magazine articles, and advertisements. You are to choose the one best answer (A), (B), (C), or (D) to each question. Then, on your answer sheet, find the number of the question and mark your answer. Answer all questions following each reading selection on the basis of what of what is stated or implied in that selection. Read the following example. The Museum of Technology is a ‘hands-on’ museum, designed for people to experience science at work. Visitors are encouraged to use, test, and handle the objects on display. Special demonstrations are scheduled for the first and second Wednesdays of each month at 13:30. Open Tuesday-Friday, 12:00-16:30, Saturday 10:00-17.30, and Sunday 11:00-16:30. When during the month can visitors see special demonstrations? (A) Every weekend (B) The first two Wednesdays (C) One afternoon a week (D) Every other Wednesday The reading selection says that the demonstrations are scheduled for the first and second Wednesdays of the month. Therefore, you should choose answer (B). Now begin work on the questions.

Questions 193-196 refer to the following investment information.

One out of every six Americans invests in stocks and bonds. And every single one of them is trying to find out which investment is best. Ideally speaking, the best advice would come from a person who knew everything about every company; what the products are, how big the demand is, how big the demand will be, what the overhead is, etc. The list could go on for pages. That would be the ideal picture. The other end of the spectrum would be advice based on hearsay. The truth is, if you’re going to take control of your financial investments, then either you have to do the research yourself, or find someone else you can rely on. Chances are you don’t really have time to do research.

You’re too busy making the money to invest. So how do you know which person or company to trust? How do you know if they are doing their homework? Do some research. Ask some questions. You see, a good financial advisor will tell you how he comes up with his conclusions. He digs for the data. He finds out about a company’s management. He visits factories. He looks at the potential for demand, watches the local political climate, etc. So, if you really want to take control, you can, but you have to be willing to ask the questions. A good financial advisor is more than willing to tell you why he makes the decisions he does.

193	What is the topic of this passage?		195	What makes a good financial advisor?
	(A)	Which companies to invest in		(A)	Access to multiple stocks and bonds
	(B)	How to choose a financial advisor		(B)	A background in politics
	(C)	How politics affect company profits		(C)	A master’s degree in economics
	(D)	How to research stocks and bonds		(D)	Knowledge of internal and external factors
194	What is the purpose of this notice?		196	How could someone manage their investments?
	(A)	To warn stockholders		(A)	Do research
	(B)	To encourage investment		(B)	Get advice from another investor
	(C)	To advise investors		(C)	Find a company with a good name
	(D)	To support independent businesses		(D)	Follow demand carefully

Questions 197-200 refer to the following study.

THE RESULTS of a Westchester real estate survey reveal that although 50% of those interviewed would prefer not to make monthly rental payments or deal with landlords, the biggest reason people buy a house is so that they can have a place they can call their own. Only 10% were motivated by financial reasons – buying the house to sell later at a profit. Twenty-five percent of those interviewed did so because they wanted property for their children to play on. Of that, 5% were concerned about room for pets. Oddly enough, next to ‘having your own place,’ the greatest motivating factor was the urge to build, remodel and choose design interiors. And although owning a home plus one in a certain social station, that consideration had almost no influence in the decision to buy (less than 1%). Now, more than anything else, people want to have a place of their own to do with as they wish.

197	Why do most people want to buy a home?		199	What is the second greatest reason for buying a home?
	(A)	They don’t want to pay rent.		(A)	Wanting to renovate and decorate
	(B)	They want to have their own yard.		(B)	Seeing it as an investment
	(C)	They want to have a place of their own.		(C)	Having a place for the cats and dogs
	(D)	They don’t want to have a landlord.		(D)	Impressing others
198	What percentage of people see their home as an investment?		200	What is the least common reason for buying a home?
	(A)	5%		(A)	Having a yard for animals
	(B)	10%		(B)	Wanting to build equity
	(C)	25%		(C)	Wanting to have their own place
	(D)	50%		(D)	A matter of prestige

ANSWER KEY

193	B
194	C
195	D
196	A
197	C
198	B
199	A
200	D