SIE Exam question and answers rated A+ 2023

SIE Exam question and answers rated A+ 2023Do common stock holders have to right to inspect all books of a company? - correct answer No, only certain items suchs as the income statement and balance sheet Order of asset distribution - correct answer Taxes Secured debt Unsecured debt Preferred stock holders Common stock holders What type of corporate security is considered the riskiest? - correct answer Common stock Of all securities, common stock has historically - correct answer Provided the best hedge against inflation, best capital appreciation potential Classifications of marginals securities - correct answer Registered securities, OTC securities, Regulation T - correct answer Regarding extension of credit to customers...requires that payment for purchases of securities be received by the 4th business day after the trade (T+4) On what IRS form are gains and losses from securities reported on? - correct answer 1099b Who must approve stock splits - correct answer Common share holders must vote to approve a stock split. The split must also be approved by the board Warrants - correct answer Long-term option to buy stock. Typically issued with an IPO to make investors