Quiz-summary
0 of 10 questions completed
Questions:
- 1
- 2
- 3
- 4
- 5
- 6
- 7
- 8
- 9
- 10
Information
Free Practice Questions
You have already completed the quiz before. Hence you can not start it again.
Quiz is loading...
You must sign in or sign up to start the quiz.
You have to finish following quiz, to start this quiz:
Results
0 of 10 questions answered correctly
Your time:
Time has elapsed
You have reached 0 of 0 points, (0)
Categories
- Not categorized 0%
- 1
- 2
- 3
- 4
- 5
- 6
- 7
- 8
- 9
- 10
- Answered
- Review
-
Question 1 of 10
1. Question
Which of the following statement is true regarding the Stafford loans?
Correct
Subsidized graduate school Stafford Loan is currently fixed at 6.8%. Subsidized loans, meaning the student will not be charged interest until repayment begins
Incorrect
Subsidized graduate school Stafford Loan is currently fixed at 6.8%. Subsidized loans, meaning the student will not be charged interest until repayment begins
-
Question 2 of 10
2. Question
Which of the following are the criteria for the college work-study program?
Correct
College work-study programs are funded by the federal government and administered by individual schools. Eligibility for these programs is based on financial need, and they are available to both graduates and undergraduates.
Incorrect
College work-study programs are funded by the federal government and administered by individual schools. Eligibility for these programs is based on financial need, and they are available to both graduates and undergraduates.
-
Question 3 of 10
3. Question
Which of the following is the ot the benefit of understanding the culture or beliefs of the clients?
Correct
Acquiring a more complete understanding of a client’s culture will make it easier to provide that client with superior service.
Incorrect
Acquiring a more complete understanding of a client’s culture will make it easier to provide that client with superior service.
-
Question 4 of 10
4. Question
Which of the following are not the types of communications covered under FINRA Rule 3230?
Correct
Outbound calls from a member or associated person of a member to a non-broker dealer, including wireless telephone numbers. Outbound calls that have been outsourced to a third party. Abandoned calls, which are those not answered by someone at the member within two seconds of the person’s completed greeting. Prerecorded mesagges.
Incorrect
Outbound calls from a member or associated person of a member to a non-broker dealer, including wireless telephone numbers. Outbound calls that have been outsourced to a third party. Abandoned calls, which are those not answered by someone at the member within two seconds of the person’s completed greeting. Prerecorded mesagges.
-
Question 5 of 10
5. Question
Which of the following statement is not the standards that must be followed in options communication?
Correct
Options communications may not provide statements regarding performance (past or future), rates of return, or the names of any specific options
Incorrect
Options communications may not provide statements regarding performance (past or future), rates of return, or the names of any specific options
-
Question 6 of 10
6. Question
Which of the following statements best defines the term annuity due?
Correct
An annuity due is a repeating payment that is made at the beginning of each period, such as a rent payment.
Incorrect
An annuity due is a repeating payment that is made at the beginning of each period, such as a rent payment.
-
Question 7 of 10
7. Question
Which of the following statement is true regarding the term ordinary annuity?
Correct
Ordinary annuities are those in which the cash flows begin at the end of the year.
Incorrect
Ordinary annuities are those in which the cash flows begin at the end of the year.
-
Question 8 of 10
8. Question
How a real risk-free rate is calculated?
Correct
Real risk-free rate = [(1+nominal risk-free rate) / (1 + inflation rate)] – 1
Incorrect
Real risk-free rate = [(1+nominal risk-free rate) / (1 + inflation rate)] – 1
-
Question 9 of 10
9. Question
How a nominal risk-free rate is calculated?
Correct
nominal risk-free rate = (1+ real riskfree rate) x (1+ inflation rate) – 1.
Incorrect
nominal risk-free rate = (1+ real riskfree rate) x (1+ inflation rate) – 1.
-
Question 10 of 10
10. Question
Which of the following is not the requirement of a valid contract to exist?
Correct
The offeror and offeree must both be in a situation where they are capable of entering into such a contract.
Incorrect
The offeror and offeree must both be in a situation where they are capable of entering into such a contract.