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Make the Grade
By Leah Weathersby

(FORTUNE Small Business) – Standardized testing is so popular, it was only a matter of time before it conquered the boardroom as it has the classroom. Today's exam: Are you really fit to manage the growing company you founded? Our quiz will tell you. (But in the spirit of academic freedom, there are no wrong answers.) --LEAH WEATHERSBY

READING COMPREHENSION You receive a memo from the board saying members are "guardedly optimistic" about the company's future. This means:

a. They are lying. b. The stock is in free fall. c. Mike Wallace is waiting in the lobby. d. You are fired.

MATHEMATICS On June 13 your CFO tells you that your firm took in $5 million in earnings. On June 14 he admits he overestimated by $20 million. Then he skips town. How much are you in the red?

a. $15 million. b. $15 million plus the cost of the stapler your CFO stuck in his pocket before leaving. c. $15 million plus the cost of a bounty hunter. d. You are about to be fired, so who cares?

ANALOGY "Job security" is to "a beautiful memory" as ______ is to ______.

a. "comp time" : "a beautiful memory." b. "signing bonus" : "a beautiful memory." c. "stock options" : "a beautiful memory." d. you : fired.

VOCABULARY Fill in the blank: I knew my current employment situation was tenuous when I was microwaving some popcorn in the kitchenette and I overheard the executive vice president say, ___________.

a. "Bet it all on a li'l filly named WorldCom." b." I thought you said, 'Do embezzle.' " c. "Call prison and order me the vegetarian meal." d. "You are fired."