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Orion Series 65 Exam 5 (Sept. 2021)
Questions and Correct Answers/ Latest
Update / Already Graded
Which of the following portfolio management styles would most likely
incur the highest transaction costs?
Ans: Tactical asset allocation
If a new client has $200,00 to invest and wants to retire in 15 years,
which of the following client information is least necessary for an
adviser to recommend a suitable investment program?
Ans: Current income and cash flow requirements.
A professional tennis player comes to you seeking advice on setting up
a trust. She is interested in giving to charity and also wants discretion
as to when income is distributed to the beneficiaries, her parents.
Which trust do you advise she use?
Ans: Complex trust
A popular funding technique that involves investing the same amount
at regular intervals is known as dollar cost averaging. Participating in
this funding approach tends to lessen which risk?
Ans: Timing
All rights reserved © 2025/ 2026 |
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Assets that might be found on a family balance sheet include:
Ans: II and III, gold watch and Keogh plan
An investor wishes to save for her retirement. She arranges to ahve
$250 per month withdrawn from her account to be invested into a
community fund. This type of saving plan is called:
Ans: dollar cost averaging.
If 150 investors want to form a corporation to limit their financial
liability to the amount of money they invest and do not want to be
responsible for any debt that the corporation incurs, they would most
likely form a(n):
Ans: C corporation
An investor purchaes 500 shares of stock on January 10th at $50 per
share and sells it on August 4th of the following year for $40 per share.
As a result, the investor has realized a:
Ans: long-term capital loss
seek securities that are undervalued or selling for less than their
intrinsic value.
All rights reserved © 2025/ 2026 |
Orion Series 65 Exam 5 (Sept. 2021)
Questions and Correct Answers/ Latest
Update / Already Graded
Which of the following portfolio management styles would most likely
incur the highest transaction costs?
Ans: Tactical asset allocation
If a new client has $200,00 to invest and wants to retire in 15 years,
which of the following client information is least necessary for an
adviser to recommend a suitable investment program?
Ans: Current income and cash flow requirements.
A professional tennis player comes to you seeking advice on setting up
a trust. She is interested in giving to charity and also wants discretion
as to when income is distributed to the beneficiaries, her parents.
Which trust do you advise she use?
Ans: Complex trust
A popular funding technique that involves investing the same amount
at regular intervals is known as dollar cost averaging. Participating in
this funding approach tends to lessen which risk?
Ans: Timing
All rights reserved © 2025/ 2026 |
, Page |2
Assets that might be found on a family balance sheet include:
Ans: II and III, gold watch and Keogh plan
An investor wishes to save for her retirement. She arranges to ahve
$250 per month withdrawn from her account to be invested into a
community fund. This type of saving plan is called:
Ans: dollar cost averaging.
If 150 investors want to form a corporation to limit their financial
liability to the amount of money they invest and do not want to be
responsible for any debt that the corporation incurs, they would most
likely form a(n):
Ans: C corporation
An investor purchaes 500 shares of stock on January 10th at $50 per
share and sells it on August 4th of the following year for $40 per share.
As a result, the investor has realized a:
Ans: long-term capital loss
seek securities that are undervalued or selling for less than their
intrinsic value.
All rights reserved © 2025/ 2026 |
