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SIE Study Set Final Order of Asset Distribution upon Liquidation - Answer- 1) Taxes 2) Secured Debt 3) Unsecured Debt 4) Preferred Stockholder 5) Common Stockholders Round lot Unit of trading - Answer- 100 shares Cyclical Stock - Answer- Heavily affected by economic cycles Ex) Auto manuf or Steel companies Non-Cyclical/Defensive Stocks - Answer- Sheltered from normal business/economic cycles ex) Tobacco, people still smoke regardless of economy Counter Cyclic...

FINRA SIE Exam If interest Rates fall the issuer will most likely call which bonds first? - Answer- High Dividend Rate preferred issues trading at a premium What are some actions by a corporation will affect an individuals common shareholder's equity - Answer- Conversion of convertible preferred stocks or bond Repurchase of common shares Issuance of additional common shares (Stock splits do not effect shareholders equity but it must be voted on because it effects Par Value)...

SIE Multiple Choice Which of the following items is not reported on a company's income statement? A. Operating Expenses B. Corporate Sales C. Declaration of a cash dividend to stock holders D. Income net of expenses and interests paid to bondholders - Answer- C. Declaration of a cash dividend to stock holders ____________ allows an issuer to sell securities multiple times using the same registration statement. - Answer- Shelf Registration In connection with the solicitati...

SIE Practice Exam Which corporate voting procedures entitles a shareholder to one vote per share, and votes must be divided evenly among the candidates being voted on? - Answer- Statutory voting What market refers to the trading of exchange-listed securities in the over-the-counter market? These trades allow institutional investors to trade blocks of securities directly, rather than through an exchange, providing liquidity and anonymity to buyers. - Answer- Third market An inves...

Securities Industries Essentials (SIE) Exam Flashcards 2023/2024 1035 Exchange - Answer- A tax-free exchange between like contracts. This provision applies to transfers from annuity to annuity, life to life, and life to annuity. It cannot be used for transfers from an annuity to a life insurance policy. 12b-1 Fee - Answer- A section of the Investment Company Act of 1940 that permits an open-end investment company (mutual fund) to levy an ongoing charge for advertising and sales pro...

ANDREW, FINRA SIE EXAM 2024 - PERSONAL STUDY SET An investor owns 100 shares of XYZ common stock at the current market price of $50 per share. If XYZ conducts a 1-for-2 reverse stock split, the investor's post-split stock position will be: - Answer- 50 shares at $100 per share Under Federal Reserve Regulation T, a 90-day restriction is imposed when a customer opens and closes which of the following positions? - Answer- The same stock in a cash account without paying for the stock ...

SIE Exam What is the core responsibility of the FRB? - Answer- To Maintain Price Stability According to the Securities Act of 1933 compliance protocol, what information does a company have to disclose to its investors before the initial public offering? - Answer- Financial Statements and information about the offered securities Why was the FDIC created? - Answer- To prevent bank runs and ensure that safety of customers' funds Which associations protect investors against...

SIE EXAM 2024 Federal Reserve Board - Answer- Founded on December 23rd 1913, to oversee financial panics. Independent of direct political influence. Federal Reserve Act was passed to stabilize prices, maximize employment, moderate long term interest. FINRA vs MSRB - Answer- FINRA oversees brokerage firms and their associated persons. MSRB- regulates the municipal securities market including dealers, municipal advisers, and issuers. Municipal Securities Rulemaking Board Str...

SAGE INTACCT IMPLEMENTATION WITH CORRECT ANSWERS

Publix Customer Service Quiz What are the four steps to Legendary Customer Service? - Answer-1. Greet the customer. try to use their name if possible. 2. Engage. 3. Create their happily ever after 4. Thank them and invite them back What is our IPB goal for 2022? - Answer-3.12 What are the four types of money services? - Answer-1. Checks 2. Gift cards 3. money orders transfers. Why are they money Services? - Answer-They can be used for money Laundering When do you fill out an EMT ...