EQUITY SECURITIES BOARD EVALUATION GUARANTEED PASS UPDATED ACTUAL EXAM

EQUITY SECURITIES BOARD EVALUATION GUARANTEED PASS UPDATED ACTUAL EXAM
QUESTIONS CORRECT ANSWERS GRADED A PLUS




Question:
Are Securities.

Answer:
Stocks and other equity securities Bonds and other debt securities Mutual funds Limited
partnerships Options Municipal backed securities



Question:
Are Not Securities.

Answer:
Commodities (oil, orange juice, pork bellies,etc.) Precious metals (gold, silver, etc.) Currency
(actual money, both US and foreign) Futures (derivatives of commodities, precious metals and
currency) A personal residence



Question:
The 2 Basic Securities.

Answer:
Stocks and Bonds



Question:
Stocks.

Answer:
represents equity, which means that the investor holding the security has an ownership interest in
something (usually corporation)

, Question:
Another Term for Stock.

Answer:
Equity



Question:
Bonds.

Answer:
represents debt, investor is owed something (usually money), and the person that owes (debtor) will
have to pay according to the terms



Question:
Another Term for Bond.

Answer:
Debt



Question:
Common Stock Can Be Classified As.

Answer:
authorized, issued, outstanding, or treasury.



Question:
Authorized Stock.

Answer:
number of shares a corporation's charter allows it to sell