4 Which feature is viewed as more shareholder friendly? OA. CEO and Chair of the board is the same person OB. A majority of insiders on the board OC.A staggered board like the US Senate OD. Annual election of board members QUESTION 5 Which answer best describes an "earnings surprise"? OA. When a company's actually quarterly earnings differs significantly from analyst estimates B. When a company guides earnings estimates lower C. When new information comes out in a 10Q release D. When a company moves up the date of their earnings release QUESTION 6 Which feature is not something that shareholders typically vote on at the annual meeting? A. Risk Management Policy B. Board of Directors Election C. External Auditing Firm D. Compensation Plan QUESTION 7 An analyst who publishes research for Goldman Sachs on 10 stocks in the customer relationship management considered to work on which "side"? OA. Buy Side OB. Sell Side QUESTION 8 How does an unexpected increase in inventories affect future GDP growth estimates? A. Higher than expected inventory growth lead to higher production and growth in future GDP B. Higher than expected inventories means lower production and growth in future GDP C. Inventories have no impact on future GDP growth estimates QUESTION 9 What was the change in real GDP in the first quarter (released April 28th)? +1.0% -1.4% +2.3% +0.1%