FINRA Series7 Q&A - in .pdf

  • Series7 pdf
  • Exam Code: Series7
  • Exam Name: General Securities Representative Examination (GS)
  • Updated: Sep 03, 2026
  • Q & A: 400 Questions and Answers
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  • Exam Code: Series7
  • Exam Name: General Securities Representative Examination (GS)
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  • Updated: Sep 03, 2026
  • Q & A: 400 Questions and Answers
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FINRA Series7 Q&A - Testing Engine

  • Series7 Testing Engine
  • Exam Code: Series7
  • Exam Name: General Securities Representative Examination (GS)
  • Updated: Sep 03, 2026
  • Q & A: 400 Questions and Answers
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FINRA Series7 Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: Seeks Business for the Broker-Dealer from Customers and Potential Customers9%- Customer acquisition and prospecting
  • 1. Business development activities
  • 2. Communications with the public
Topic 2: Provides Customers with Information About Investments, Makes Suitable Recommendations, Transfers Assets and Maintains Appropriate Records73%- Customer recommendations and transactions
  • 1. Asset transfers and record maintenance
  • 2. Portfolio and risk considerations
  • 3. Suitability and best interest obligations
- Investment products
  • 1. Options
  • 2. Investment companies and variable products
  • 3. Debt securities
  • 4. Equity securities
  • 5. Government securities
  • 6. Direct participation programs
  • 7. Municipal securities
Topic 3: Obtains and Verifies Customers' Purchase and Sale Instructions and Agreements; Processes, Completes and Confirms Transactions7%- Trade execution and settlement
  • 1. Books and records requirements
  • 2. Settlement and confirmations
  • 3. Order handling
  • 4. Trade processing
Topic 4: Opens Accounts After Obtaining and Evaluating Customers' Financial Profile and Investment Objectives11%- Customer accounts and documentation
  • 1. Suitability and customer profile
  • 2. Account types and registrations
  • 3. Customer identification requirements

FINRA General Securities Representative Examination (GS) Sample Questions:

Question #1

The total assets of a corporation are $840,000, of which $350,000 are current items. Total liabilities are
$ 460,000, of which $290,00 are fixed obligations. How much is the corporation's working capital?

  • A. $380,000
  • B. $180,000
  • C. $60,000
  • D. $110,000
Answer: B

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Question #2

Bubba purchases 100 shares of XYZ at 78 and, on the same day, writes 1 XYZ October 80 call for a
premium of 4. If the option expires unexercised, what is Bubba's profit on the 100 shares of stock?

  • A. $600
  • B. $200
  • C. $400
  • D. cannot be determined
Answer: D

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Question #3

A corporate bond is quoted as having a net change in value of plus one point. By how much did the bond
price increase?

  • A. $1,000
  • B. $1
  • C. $100
  • D. $10
Answer: D

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Question #4

Most publicly owned securities are:

  • A. unregistered
  • B. over-the-counter
  • C. exempt from SEC registration requirements
  • D. listed
Answer: B

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Question #5

Bubba buys a bond issued at par with a 5% coupon that is convertible into common stock at $40. The
bond increases in value by 20 points. What is the conversion parity of the stock?

  • A. $40
  • B. $48
  • C. $50
  • D. $25
Answer: B

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