Question 1

When you sell a security OTC,you will receive the

Accepted Answer

A)  offering price. 
B)  market price. 
C)  ask price. 
D)  selling price. 
E)  bid price. 
A)  offering price. 
B)  market price. 
C)  ask price. 
D)  selling price. 
E)  bid price.

Question 2

Choose the word or phrase in [ ] which will correctly complete the statement. Select A for the first item, B for the second item, and C if neither item will correctly complete the statement.
-Publicly traded corporations [are required to | may choose to] provide annual reports to their stockholders.

Accepted Answer

The answer of Choose the word or phrase in [...

Question 3

Instructing your broker to buy or sell a stock at a particular price is a

Accepted Answer

A)  limit order. 
B)  market order. 
C)  margin order. 
D)  regular order. 
E)  stop order. 
A)  limit order. 
B)  market order. 
C)  margin order. 
D)  regular order. 
E)  stop order.

Question 4

Choose the word or phrase in [ ] which will correctly complete the statement. Select A for the first item, B for the second item, and C if neither item will correctly complete the statement.
-Most brokerage agreements [will | will not] permit you to sue your broker for malpractice.

Accepted Answer

The answer of Choose the word or phrase in [...

Question 5

Choose the word or phrase in [ ] which will correctly complete the statement. Select A for the first item, B for the second item, and C if neither item will correctly complete the statement.
-[Investing | Speculating] is viewed as a short-term activity that involves the buying and selling of securities in which future value and expected return are highly uncertain.

Accepted Answer

The answer of Choose the word or phrase in [...

Question 6

If a company's common stock is traded on an exchange,the company is said to be

Accepted Answer

A)  an exchange member. 
B)  seated on the exchange. 
C)  marketed on the exchange. 
D)  listed on the exchange. 
E)  licensed by the exchange. 
A)  an exchange member. 
B)  seated on the exchange. 
C)  marketed on the exchange. 
D)  listed on the exchange. 
E)  licensed by the exchange.

Question 7

Choose the word or phrase in [ ] which will correctly complete the statement. Select A for the first item, B for the second item, and C if neither item will correctly complete the statement.
-The maximum amount of money you could lose in a short sale is [known | unknown] at the time of the transaction.

Accepted Answer

The answer of Choose the word or phrase in [...

Question 8

Portfolio rebalancing refers to buying and selling activities intended to return a portfolio to its target allocation levels.

Accepted Answer

A) True 
 B)False

Question 9

Stockbrokerage firms often do industry analysis.

Accepted Answer

A) True 
 B)False

Question 10

The SEC requires corporations to issue ____ describing the firm and the security issue it wishes to sell.

Accepted Answer

A)  an advertisement 
B)  a prospectus 
C)  an underwriting journal 
D)  a dealer newsletter 
E)  none of these 
A)  an advertisement 
B)  a prospectus 
C)  an underwriting journal 
D)  a dealer newsletter 
E)  none of these

Question 11

Unlisted securities are traded on the

Accepted Answer

A)  SEC market. 
B)  SIPC. 
C)  OTC market. 
D)  AMEX. 
E)  NYSE. 
A)  SEC market. 
B)  SIPC. 
C)  OTC market. 
D)  AMEX. 
E)  NYSE.

Question 12

Choose the word or phrase in [ ] which will correctly complete the statement. Select A for the first item, B for the second item, and C if neither item will correctly complete the statement.
-The Dow Jones Industrial Average is based on [all stocks traded on the NYSE | 50 large stocks | 30 large stocks].

Accepted Answer

The answer of Choose the word or phrase in [...

Question 13

Investing is considered a short-term activity that involves the buying and selling of securities.

Accepted Answer

A) True 
 B)False

Question 14

The total return of a portfolio is influenced far more by specific security selection than asset allocation.

Accepted Answer

A) True 
 B)False

Question 15

Selling equities you don't own and buying them back to cover the sale is

Accepted Answer

A)  short selling in anticipation of a bear market in that security 
B)  going long. 
C)  discounting the market averages. 
D)  a very safe investment activity. 
E)  considered wise in a bull market. 
A)  short selling in anticipation of a bear market in that security 
B)  going long. 
C)  discounting the market averages. 
D)  a very safe investment activity. 
E)  considered wise in a bull market.

Question 16

Once one's asset allocation plan is developed and securities are selected,these decisions do not have to be made again until there is a major life change.

Accepted Answer

A) True 
 B)False

Question 17

Choose the word or phrase in [ ] which will correctly complete the statement. Select A for the first item, B for the second item, and C if neither item will correctly complete the statement.
-Two hundred shares of stock would constitute [an odd lot | a round lot].

Accepted Answer

The answer of Choose the word or phrase in [...

Question 18

Choose the word or phrase in [ ] which will correctly complete the statement. Select A for the first item, B for the second item, and C if neither item will correctly complete the statement.
-The [primary | secondary] market is where new securities are sold to the public.

Accepted Answer

The answer of Choose the word or phrase in [...

Question 19

The most widely followed stock average is the

Accepted Answer

A)  Dow Jones Industrial Average. 
B)  Standard & Poor's Index. 
C)  New York Stock Exchange Index. 
D)  American Stock Exchange Index. 
E)  Wall Street Journal Index. 
A)  Dow Jones Industrial Average. 
B)  Standard & Poor's Index. 
C)  New York Stock Exchange Index. 
D)  American Stock Exchange Index. 
E)  Wall Street Journal Index.

Question 20

Securities markets include

Accepted Answer

A)  capital and money markets. 
B)  primary and secondary markets. 
C)  stock exchanges. 
D)  all of these. 
E)  none of these. 
A)  capital and money markets. 
B)  primary and secondary markets. 
C)  stock exchanges. 
D)  all of these. 
E)  none of these.

When you sell a security OTC,you will receive the

Choose the word or phrase in [ ] which will correctly complete the statement. Select A for the first item, B for the second item, and C if neither item will correctly complete the statement. -Publicly traded corporations [are required to | may choose to] provide annual reports to their stockholders.

Instructing your broker to buy or sell a stock at a particular price is a

Choose the word or phrase in [ ] which will correctly complete the statement. Select A for the first item, B for the second item, and C if neither item will correctly complete the statement. -Most brokerage agreements [will | will not] permit you to sue your broker for malpractice.

If a company's common stock is traded on an exchange,the company is said to be

Portfolio rebalancing refers to buying and selling activities intended to return a portfolio to its target allocation levels.

Stockbrokerage firms often do industry analysis.

The SEC requires corporations to issue ____ describing the firm and the security issue it wishes to sell.

Unlisted securities are traded on the

Investing is considered a short-term activity that involves the buying and selling of securities.

The total return of a portfolio is influenced far more by specific security selection than asset allocation.

Selling equities you don't own and buying them back to cover the sale is

Once one's asset allocation plan is developed and securities are selected,these decisions do not have to be made again until there is a major life change.

Choose the word or phrase in [ ] which will correctly complete the statement. Select A for the first item, B for the second item, and C if neither item will correctly complete the statement. -Two hundred shares of stock would constitute [an odd lot | a round lot].

Choose the word or phrase in [ ] which will correctly complete the statement. Select A for the first item, B for the second item, and C if neither item will correctly complete the statement. -The [primary | secondary] market is where new securities are sold to the public.

The most widely followed stock average is the

Securities markets include

Understanding the Financial Planning Process

Using Financial Statements and Budgets

Preparing Your Taxes

Managing Your Cash and Savings

Making Automobile and Housing Decisions

Using Credit

Using Consumer Loans

Insuring Your Life

Insuring Your Health

Protecting Your Property

Investing in Stocks and Bonds

Investing in Mutual Funds

Planning for Retirement

Preserving Your Estate

Filters

Exam 11: Investment Planning

When you sell a security OTC,you will receive the

Instructing your broker to buy or sell a stock at a particular price is a

Choose the word or phrase in [ ] which will correctly complete the statement. Select A for the first item, B for the second item, and C if neither item will correctly complete the statement. -Most brokerage agreements [will | will not] permit you to sue your broker for malpractice.

If a company's common stock is traded on an exchange,the company is said to be

Portfolio rebalancing refers to buying and selling activities intended to return a portfolio to its target allocation levels.

Stockbrokerage firms often do industry analysis.

The SEC requires corporations to issue ____ describing the firm and the security issue it wishes to sell.

Unlisted securities are traded on the

Investing is considered a short-term activity that involves the buying and selling of securities.

The total return of a portfolio is influenced far more by specific security selection than asset allocation.

Selling equities you don't own and buying them back to cover the sale is

Once one's asset allocation plan is developed and securities are selected,these decisions do not have to be made again until there is a major life change.

Choose the word or phrase in [ ] which will correctly complete the statement. Select A for the first item, B for the second item, and C if neither item will correctly complete the statement. -Two hundred shares of stock would constitute [an odd lot | a round lot].

Choose the word or phrase in [ ] which will correctly complete the statement. Select A for the first item, B for the second item, and C if neither item will correctly complete the statement. -The [primary | secondary] market is where new securities are sold to the public.

The most widely followed stock average is the

Securities markets include

Understanding the Financial Planning Process

Using Financial Statements and Budgets

Preparing Your Taxes

Managing Your Cash and Savings

Making Automobile and Housing Decisions

Using Credit

Using Consumer Loans

Insuring Your Life

Insuring Your Health

Protecting Your Property

Investing in Stocks and Bonds

Investing in Mutual Funds

Planning for Retirement

Preserving Your Estate

Filters