Logo ExamsQA
Exit
Official Bank 0/800

FINRA General Securities Representative Examination (GS) (Series 7) - Finra Exam Questions

Last updated on June 20, 2026

97% Exam Compliance
800 Total Questions
1
Question
The general purpose of the Securities Act of 1933 is to:
Options
A provide for disclosure of information about new securities offerings
B provide for disclosure of the financial condition of underwriters
C regulate the sale of securities on national exchanges
D regulate the activities of investment advisers
Discussion (0 comments)

to join the discussion

Community Discussion

No discussions yet. Be the first to ask!

2
Question
Bubba buys a 5% municipal bond maturing in 15 years that is trading at a market price of 85.

What is the yield to maturity using the “rule of thumb” method?
Options
A 5.10%
B 5.00%
C 5.88%
D 6.49%
Discussion (0 comments)

to join the discussion

Community Discussion

No discussions yet. Be the first to ask!

3
Question
Which of the following is not a characteristic of treasury bills?
Options
A their payments are exempt from state income tax
B the bid price is higher than the offer price
C they mature one to three years from the date of issuance
D they are quoted on yield-to-maturity percentages
Discussion (0 comments)

to join the discussion

Community Discussion

No discussions yet. Be the first to ask!

4
Question
In the sale of open-end investment company shares, the amount at which the sales charge is reduced on quantity transactions is referred to as the:
Options
A spread
B margin
C breakpoint
D split
Discussion (0 comments)

to join the discussion

Community Discussion

No discussions yet. Be the first to ask!

5
Question
The accounting statement that represents a company’s financial position on a particular date is the:
Options
A income statement
B balance sheet
C Profit and Loss
D cash flow statement
Discussion (0 comments)

to join the discussion

Community Discussion

No discussions yet. Be the first to ask!

Finish Practice?

Are you sure you want to finish? This will end your practice session.