ASVAB Paragraph Comprehension Practice Test 366681

Questions 5

Study Guide

Paragraph 1
A utility cooperative is a type of cooperative that is tasked with the delivery of a public utility such as electricity, water or telecommunications to its members. Profits are either reinvested for infrastructure or distributed to members in the form of "patronage" or "capital credits", which are essentially dividends paid on a member's investment into the cooperative. Each customer is a member and owner of the business with an equal say as every other member of the cooperative, unlike investor-owned utilities where the amount of say is governed by the number of shares held.
Paragraph 2
Conan of Aquilonia is a collection of four linked fantasy short stories written by L. Sprague de Camp and Lin Carter featuring Robert E. Howard's seminal sword and sorcery hero Conan the Barbarian. The stories were originally published in Fantastic for August 1972, July 1973, July 1974, and February, 1975. The collected stories were intended for book publication by Lancer Books, but this edition never appeared due to Lancer's bankruptcy. The first book edition was issued in paperback by Ace Books in May 1977 and the first British edition was published by Sphere Books in October 1978.
Paragraph 3
An oil tanker, also known as a petroleum tanker, is a merchant ship designed for the bulk transport of oil. There are two basic types of oil tankers: the crude tanker and the product tanker. Crude tankers move large quantities of unrefined crude oil from its point of extraction to refineries. Product tankers, generally much smaller, are designed to move petrochemicals from refineries to points near consuming markets.
Paragraph 4
The Marion County Board of Supervisors has appointed a newly established Workforce Investment Board (WIB) , which will implement the Workforce Investment Act of 1998. WIB’s mandate is to provide key policy decisions affecting the local workforce development system, and to identify and certify the areas within Marion County where WorkSource Texas Centers are located to be designated as Workforce Investment Areas.
Paragraph 5
Six years ago, lawyer-banker-scholar Charles Morris wrote a prophetic book - 'Two-Trillion-Dollar Meltdown: Easy Money, High-Rollers and the Great Credit Crunch' - that foresaw the 2008 Great Recession before it clobbered America and the world. Now Morris has reversed course and sees good times ahead. His forthcoming book, 'Comeback,' predicts that surging U.S. energy independence will bring a buoyant rise in American manufacturing and jobs.