Finra
SIE
Q1:
Which of the following securities has the greatest investment risk?
○
A
Blue chip stocks○
B
Corporate bonds○
C
Technology stocks○
D
Government bonds
Finra
SIE
Q2:
Which of the following products is redeemable at net asset value (NAV)?
○
A
Corporate stock○
B
Municipal bonds○
C
Options contracts○
D
Open-end mutual funds
Finra
SIE
Q3:
Which of the following statements best describes the permissibility of a borrowing arrangement between a registered representative (RR) and a customer who is also the RR's grandfather?
○
A
It is permissible subject to FINRA approval.○
B
It is permissible if the grandfather agrees in writing.○
C
It is permissible if the loan was made on commercially reasonable terms.○
D
It is permissible provided that the loan was made in accordance with the firm's policies.
Finra
SIE
Q4:
Rising economic activity is most likely to increase revenues of which of the following sectors?
○
A
Utilities○
B
Healthcare○
C
Consumer staples○
D
Consumer discretionary
Finra
SIE
Q5:
Which of the following statements is true regarding the difference in treatment between common stock and preferred stock?
○
A
Common stock and preferred stock are treated the same under a bankruptcy proceeding.○
B
Common stock and preferred stock are treated the same when it comes to payment of dividends.○
C
Common stock dividend payment is treated as a higher priority over that of preferred stock.○
D
Common stock is a lower priority compared to preferred stock under a bankruptcy proceeding.