Series 79 Knopman Marks question n answers 2024

Series 79 Knopman Marks deferred tax asset or liability? Acceleration of revenue for accounting purposes - correct answer Deferred tax liability Source or use of cash? Decrease in accrued liabilities - correct answer Use of Cash Source or use of cash? Improvement in net working capital - correct answer Use of cash Purpose of a Schedule 13F - correct answer A 13F is a quarterly filing by Institutional Investment managers to disclose long equity positions Disclosure document used to gather indications of interest during the cooling off period - correct answer Preliminary prospectus (red herring) Diferred tax asset or liability? Acceleration of an expense for tax purposes - correct answer Deferred tax liability Are blue sky fees considered issuer expenses or syndicate expenses - correct answer Bona Fide issuer expense. therefore any reimbursement for these fees would not be considered compensation to the underwriter Filing deadline for a PRE14A - correct answer PRE14A is a Preliminary proxy, It is filed with the SEC at least 10 days before the definitive proxy is mailed to shareholders Source or use of cash? Decrease in inventories - correct answer Source of cash Persons who are restricted from purchases of new issue securities under rule 5130 - correct answer FINRA member firms; employees of FINRA member firms, finders and fiduciaries; portfolio managers; persons owning 10% or more of member firm