1
KNOPMAN MARKS SIE EXAM COMPLETE QUESTIONS
AND 100% VERIFIED SOLUTIONS ALREADY GRADED
A+(2025/2026 NEWEST UPDATE)
Regular Way Settlement for Equities - (answers)T + 2
The First Day that a Buyer Buys Stock Without a Dividend - (answers)Ex-Dividend
date
The Last Day a Buyer Can Buy Stock and Receive the Dividend - (answers)business
day before the ex-date
When Ex-Dividend Date Happens Relative to the Record Date for Regular Way
Trades - (answers)1 business day before
Fixed Rate Equity Security that Responds to Market Conditions like a Bond -
(answers)Preferred Stock
Declaration Date - (answers)date on which the board declares that a dividend will
be paid, when it will be paid (payable date), and the date an investor must be on
the books to receive the dividend (record date), and this announcement must be
at least 10 business days before the record date
Dividends in Arrears - (answers)missed dividend payments
, 2
When Ex-Dividend Date Happens Relative to the Record Date for Cash-Settled
Trades - (answers)the business day after the record date
Adjustments to Price of a Security with Dividends - (answers)on the morning on
the ex-date, the price of the security will fall by the amount of the dividend
Forward Stock Split - (answers)more shares for a lower price each
Long-Term Capital Gains - (answers)the profits from a sale of securities that have
been held by the investor for more than one year
Long-Term Capital Gains Taxation - (answers)taxed at a preferential rate
Nominal Owner - (answers)the registered or legal owner of the security in name
only, as another entity is the beneficial owner, retaining all rights of ownership
Proxy Statement - (answers)disclosures sent to a company's shareholders prior to
corporate vote
Reverse Stock Split - (answers)fewer shares for a higher price each
Rights - (answers)provide shareholders with the ability to maintain their
proportionate ownership in a company if the company issues additional shares
, 3
Short-Term Capital Gains - (answers)profits from the sale of securities that have
been held by the investor for one year or less
Short-Term Capital Gains Taxation - (answers)taxed as ordinary income
Stock Dividend Taxation - (answers)taxed upon the sale of the shares by the
investor, not taxed upon receipt
Street Name - (answers)a type of security registration in which the broker-dealer
maintains the customer's securities in the firm's name to allow for the ease of
transfer when securities are bought and sold
Transfer Agent - (answers)in charge of recording changes in ownership of
securities and recording the names of registered security holders
Three Things a Company May Choose to Do with Treasury Shares - (answers)1.
held by company
2. reissued to the public
3. cancelled
Event that Turns Common Stock Shares Owned by the Public into Treasury Shares
Held by the Company - (answers)company stock buyback (repurchase)
, 4
Filing Deadline for Form 10-K - (answers)within 90 days of a company's fiscal year-
end
Purpose of Pre-Emptive Rights - (answers)to avoid dilution
Price at Which Warrants are Issued - (answers)with no intrinsic value, so the
exercise price is well below the current market value
The Entity that Issues and Cancels Stock Certificates and Processes Investor
Mailings such as Proxies - (answers)transfer agent
The Entity Responsible for Holding Assets and Securities for the Protection of
Investors, and also for Maintaining Certain Investor Records - (answers)custodian
Impact of a Cash Dividend Received on a Common Shareholder's Cost Basis -
(answers)nothing as cash dividends do not impact share cost basis they are
taxable as ordinary income
Order of Four Key Dates in the Dividend Payment Process - (answers)1)
declaration date 2) ex-dividend date 3) record date 4) payment date
Income Tax Treatment of Stock Dividend - (answers)the investor's tax basis on
each share held is adjusted downward in proportion to the stock dividend
KNOPMAN MARKS SIE EXAM COMPLETE QUESTIONS
AND 100% VERIFIED SOLUTIONS ALREADY GRADED
A+(2025/2026 NEWEST UPDATE)
Regular Way Settlement for Equities - (answers)T + 2
The First Day that a Buyer Buys Stock Without a Dividend - (answers)Ex-Dividend
date
The Last Day a Buyer Can Buy Stock and Receive the Dividend - (answers)business
day before the ex-date
When Ex-Dividend Date Happens Relative to the Record Date for Regular Way
Trades - (answers)1 business day before
Fixed Rate Equity Security that Responds to Market Conditions like a Bond -
(answers)Preferred Stock
Declaration Date - (answers)date on which the board declares that a dividend will
be paid, when it will be paid (payable date), and the date an investor must be on
the books to receive the dividend (record date), and this announcement must be
at least 10 business days before the record date
Dividends in Arrears - (answers)missed dividend payments
, 2
When Ex-Dividend Date Happens Relative to the Record Date for Cash-Settled
Trades - (answers)the business day after the record date
Adjustments to Price of a Security with Dividends - (answers)on the morning on
the ex-date, the price of the security will fall by the amount of the dividend
Forward Stock Split - (answers)more shares for a lower price each
Long-Term Capital Gains - (answers)the profits from a sale of securities that have
been held by the investor for more than one year
Long-Term Capital Gains Taxation - (answers)taxed at a preferential rate
Nominal Owner - (answers)the registered or legal owner of the security in name
only, as another entity is the beneficial owner, retaining all rights of ownership
Proxy Statement - (answers)disclosures sent to a company's shareholders prior to
corporate vote
Reverse Stock Split - (answers)fewer shares for a higher price each
Rights - (answers)provide shareholders with the ability to maintain their
proportionate ownership in a company if the company issues additional shares
, 3
Short-Term Capital Gains - (answers)profits from the sale of securities that have
been held by the investor for one year or less
Short-Term Capital Gains Taxation - (answers)taxed as ordinary income
Stock Dividend Taxation - (answers)taxed upon the sale of the shares by the
investor, not taxed upon receipt
Street Name - (answers)a type of security registration in which the broker-dealer
maintains the customer's securities in the firm's name to allow for the ease of
transfer when securities are bought and sold
Transfer Agent - (answers)in charge of recording changes in ownership of
securities and recording the names of registered security holders
Three Things a Company May Choose to Do with Treasury Shares - (answers)1.
held by company
2. reissued to the public
3. cancelled
Event that Turns Common Stock Shares Owned by the Public into Treasury Shares
Held by the Company - (answers)company stock buyback (repurchase)
, 4
Filing Deadline for Form 10-K - (answers)within 90 days of a company's fiscal year-
end
Purpose of Pre-Emptive Rights - (answers)to avoid dilution
Price at Which Warrants are Issued - (answers)with no intrinsic value, so the
exercise price is well below the current market value
The Entity that Issues and Cancels Stock Certificates and Processes Investor
Mailings such as Proxies - (answers)transfer agent
The Entity Responsible for Holding Assets and Securities for the Protection of
Investors, and also for Maintaining Certain Investor Records - (answers)custodian
Impact of a Cash Dividend Received on a Common Shareholder's Cost Basis -
(answers)nothing as cash dividends do not impact share cost basis they are
taxable as ordinary income
Order of Four Key Dates in the Dividend Payment Process - (answers)1)
declaration date 2) ex-dividend date 3) record date 4) payment date
Income Tax Treatment of Stock Dividend - (answers)the investor's tax basis on
each share held is adjusted downward in proportion to the stock dividend
