TOEIC Short Conversation

Here is a short conversation script. Please answer the questions as follows after reading the script.

[Listening Question Script]
F: So, do you think my new product is going to sell well?
M: Well, how much money have you allocated for advertising?
F: About two thousand dollars.
M: Well that's a start. Just remember advertising is crucial to a product's success.

[Questions]
(1) What does the man want to know?
A. How much money the woman spent on advertising.
B. How much money the woman set aside for advertising.
C. Whether or not the woman will advertise.
D. Who will design her advertising plan.

(2) What does the man tell the woman?
A. Advertising is very important.
B. Networking is more important than advertising.
C. He will help her design a business plan.
D. She should get a loan from the bank.

(3) What dollar figure does the woman mention in the conversation?
A. 1,000
B. 2,000
C. 3,000
D. 4,000

[Words and phrases]
allocate /ˈaləkeɪt/ (vt) Distribute (resources or duties) for a particular purpose: e.g. In past years we didn’t allocate enough funds to infrastructure maintenance

set something aside (v phr) Save or keep something, typically money or time, for a particular purpose: e.g. The bank expected to set aside about $700 million for restructuring

[Answers]
(1) What does the man want to know?
B. How much money the woman set aside for advertising.

(2) What does the man tell the woman?
A. Advertising is very important.

(3) What dollar figure does the woman mention in the conversation?
B. 2,000