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Question 93 - 97 refer to following paragraph:Passage 1:Advanced Financial244 Harbor Rd.Portland, MEJune 22, 2007Dear Mr. Benson,I have written to you several times over the past two months requesting an explanation on why you have failed to bring your account with us up-to-date. By ignoring these requests, you are damaging the excellent credit record you had previously maintained with our company. In addition, every month that you fail to pay your account, you receive a $25 late payment fee. As of the date of this letter, your account balance is $235.04Unless I hear from you within ten days, I will have no other choice but to turn your account over to a debt collection agency. I am sorry that we must take such drastic action but I am afraid you leave us no choice. You can preserve your credit rating by sending us a check for the amount stated above.Sincerely,Ross GunterDirector of Accounting,Advanced Financial************Passage 2:Advanced Financial244 Harbor Rd.Portland, MEJuly 8, 2007Dear Mr. Benson,Thank you for your letter. You deserve an explanation for what went wrong in our accounting department, and I hope that this letter will help resolve our recent error. It has taken a lot of time to find out what happened, so please accept our apologies for the delay in this response.A thorough look at our records revealed that we did receive your April payment on time, as you stated in your letter of June 25. However, it was credited to an account which bears a similar name to yours. Therefore, we began sending you our standard notices requesting payment, in keeping with our routine policy.I am sorry for all the distress we have caused you. You have been a valued customer of ours for a long time and we appreciate your understanding. To express our sincerest apologies, we would like to send you a $175 gift certificate to The Wilson Spa and Massage CenterSincerely,Ross GunterDirector of Accounting,Advanced Financial93. What can be inferred about Mr. Benson?

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Question 88 - 92 refer to following paragraph:Passage 1:New Conference CenterLimited Properties (LP) is proud to announce that it has completed construction on its second conference center in Springfield, Ohio, a spokesman for the company said. The first conference center is located next to the Upton Insurance building downtown, and is famous for its golden windows. For three years in a row, this conference building has been the venue for important international seminars and meetings between oil companies. The second conference center is even larger than its predecessor; it has ten more floors and is roughly three times wider. Construction on the second conference center began on March 2, 2004, and was not completed until July 29, 2007. To commemorate its opening, CEO of LP, Robert Henley, is planning a huge dinner, which will take place on August 15. Prominent members of the business community and city officials will attend the event, which will include a five-course meal and live music from the Springfield Harmonic Symphony.43 Princeton Rd.Springfield, OHAugust 5, 2007************Passage 2:Mr. Todd Poll, Public Relations DivisionLimited Properties124 Hunting LaneSpringfield, OHDear Mr. Poll,I was honored to receive an invitation to the commemoration dinner at the new conference center in Springfield, and I would be delighted to attend. I was in Milan on a business trip when the conference center was completed and I could not wait to get back and see how it looked. I agree with the general consensus that Limited Properties has created a place that is even better than the first conference center. In fact, I would like to host the 4th Annual Business Development Conference at the new facility in September. This year, representatives from Chile, Korea, China, Japan, and Australia will attend the event, and I am confident they would be impressed with the LP Grand Conference Center. Perhaps we could meet at the dinner and discuss this matter further. I look forward to seeing you there.Sincerely,Charles GatesCEO, GMA Oil Corp.88. Why does Mr. Gates want to meet with Todd Poll?

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Part VII: Reading ComprehensionDirections: In this part you will read a selection of texts, such as magezine and newspaper articles, letters, and advertisements. Each text is followed by several questions. Select the best answer for each question and mark the letter (A), (B), (C) or (D) on your answer sheet. Question 74 - 75 refer to following paragraph: Telcorp in TroubleThe CEO of Telcorp, Howard Ballantine, has been accused of using company money to invest in personal real estate deals. A private committee was hired to investigate Mr Ballantine’s financial activity after Walter Scott, the senior accountant at Telcorp,noticed nearly 2 million dollars was missing from the company’s primary investment account. Mr. Scott discovered the problem three months ago and reported it to Richard Flint, Telcorp’s chief financial advisor. Howard Ballantine denies any wrongdoing, and is hiring his own team of financial officers to investigate the matter, a close friend of Ballantine’s said. Telcorp was the nation’s leading producer of cell phones until Softphone Inc. opened a factory in China six months ago, which enabled it to save nearly 10 million dollars in production costs. Mr. Ballantine’s alleged actions suggest that the company will face more trouble in the future.74. How did Softphone Inc. decrease operation costs drastically?

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