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FINRA Series7 real answers - General Securities Representative Examination (GS)

Series7
  • Exam Code: Series7
  • Exam Name: General Securities Representative Examination (GS)
  • Updated: Dec 05, 2025
  • Q & A: 400 Questions and Answers
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  • PDF Price: $49.98
  • FINRA Series7 Value Pack

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  • PDF Version + PC Test Engine + Online Test Engine (free)
  • Value Pack Total: $69.98

About FINRA Series7 Exam guide

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FINRA General Securities Representative Examination (GS) Sample Questions:

1. Bubba Corporation has a profit sharing plan. The company president, Bubba, is receiving the maximum
plan contribution amount. The corporation has one other employee, who is eligible for the plan. If this
person earns $12,000 per year, how much must be deposited in the plan for the employee?

A) $1,800
B) $12,000
C) $6,000
D) $3,000


2. Bubba owns a perpetual warrant to buy one share of Internet Corporation common stock at $30. Internet
Corporation stock is trading at 41.50 and is ex-dividend today at $0.75. What is the market value of
Bubba's warrant?

A) cannot be determined from this information
B) 5.75
C) 5.62
D) 5.38


3. Which of the following best describes depreciation?

A) capitalized and amortized maintenance costs
B) a tax credit available to investors in heavy equipment
C) deductions from gross income to offset lower value of equipment
D) return of principal from real estate investments


4. Approval for a registered investment company to change is investment objective from income to growth is
required from which of the following?

A) the SEC
B) all of the above
C) a majority of the shareholders
D) the FINRA


5. Bubba Corporation owes income tax. Which of the following may be tendered at par value for payment of
the tax?

A) term bond
B) tax anticipation bill
C) pre-issue bond
D) special tax bond


Solutions:

Question # 1
Answer: D
Question # 2
Answer: A
Question # 3
Answer: C
Question # 4
Answer: C
Question # 5
Answer: B

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