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Admission Tests GMAT Exam Syllabus Topics:

Admission Tests Graduate Management Admission Test Sample Questions:

1. Which of the following most logically completes the argument?
Many advocate cost-benefit assessment of environmental policies. Although some costs and benefits are already in monetary terms, others, such as effects on the quality of people's lives, are not. It has been proposed that these costs and benefits be assigned monetary values based on what people say they would pay to avoid or gain them.
However, while this appears to treat everyone's interests alike, it is biased against the interests of certain groups because

A) a small monetary amount has a greater significance for people who have fewer financial resources
B) no one can expect to live forever or to maintain perfect health, no matter what environmental policies are in effect
C) any environmental policy will have costs and benefits that cannot possibly be known in advance
D) cost-benefit analysis as a method of assessing policies was not originally designed to be used to assess environmental policies
E) very few environmental policies provide substantial benefits without significant costs

2. Question:

A)

B)

C)

D)

E)

3. The range and standard deviation of the numbers In list Ware equal to /and s, respectively. What is the value of s?

A) Statement (1) ALONE is sufficient, but statement (2) alone is not sufficient.
B) Statements (!) and (2) TOGETHER are NOT sufficient.
C) Statement (2) ALONE is sufficient, but statement (1) alone is not sufficient.
D) BOTH statements TOGETHER ate sufficient, but NEITHER statement ALONE is sufficient.
E) EACH statement ALONE is sufficient

4. Geraldine: The medical profession claims that it is constantly refining its diagnostic techniques so as to improve its ability to treat those who are ill, but I suspect that this is all Just obfuscation. Anyone who really wants to know why medical diagnoses have increased in recent years need look only at the tremendous amount of money that is made manufacturing, advertising, and distributing drugs.
Which of the following would it be most useful to determine in evaluating Geraldine's explanation?

A) Whether in recent years those who were prescribed drugs reported that they were satisfied with the treatment they received
B) Whether in recent years diagnoses of ailments treated by nondrug therapies have increased at a more rapid rate than diagnoses of ailments treated by drugs
C) Whether in recent years the amount of money that was made manufacturing, advertising, and distributing drugs was greater than the amount of money that was made by the physicians who diagnosed ailments
D) Whether in recent years medical professionals have prescrfoed different medications than they did in years past for certain ailments
E) Whether the medical profession's diagnostic techniques have changed significantly in recent years

5. As discussed in the passage, smoothing production is primarily concerned with

A) using the most efficient production processes available in order to avoid bottlenecks
B) keeping production lines running continuously without interruption for maintenance
C) absorbing into overhead expenses the cost of holding inventory
D) maintaining production levels as constant as is practicable
E) assuring that there are as few peaks and valleys as possible in demand for the products made

Solutions: