Description

This book will help investment professionals pass the Series 7 General Securities Representative Qualification Examination. It contains ten 125-question practice exams followed by a study outline. The sample questions are the type that are most likely to appear on the Series 7 test and are in the same format as those on the exam. The questions are straightforward multiple-choice questions with four choices and one best answer.

Part I of this book contains the ten sample exams with a total of 1,250 questions. Each 125-question practice test is followed by the answer key. After the answer key, each practice exam is repeated with the answers shown and the formulas for the math questions.

Part II of this book has a study guide in outline form. It features material on each function covered on the Series 7 test, including 1) Seeks Business for the Broker-Dealer from Customers and Potential Customers, 2) Opens Accounts After Obtaining and Evaluating Customers' Financial Profile and Investment Objectives, 3) Provides Customers with Information About Investments, Makes Recommendations, Transfers Assets, and Maintains Appropriate Records, and 4) Obtains and Verifies Customers' Purchase and Sales Instructions; Processes, Completes, and Confirms Transactions. The study guide includes details on the math formulas needed for the test.