Eustace

A CTRS asks a client to remember three items (e.g., dog, pencil, book). The CTRS states the three items and asks the client to repeat them. After a 5-minute conversation with the client, the CTRS asks the client to repeat the three items. Which of the following domains is the CTRS assessing? A. Affective B. Social C. Cultural D. Cognitive - ANS - D. Cognitive "Cognitive examples of functional abilities include memory, orientation, attention span, reading ability, ability to follow dire...

Following a traumatic brain injury (TBI), a client may experience difficulty swallowing food and/or liquids. The medical term for this is - ANS - dysphagia Injury to which of the following areas of the spinal cord would MOST likely result in quadriplegia? - ANS - Cervical Unlike special recreation, therapeutic recreation is characterized by - ANS - individualized treatment planning Upon returning to the hospital after his first community reintegration experience, the client expresses disc...

According to Maslow, all humans are striving to achieve _____________ but first must fulfill other essential needs. (A) self-actualization (B) ego esteem needs (C) a sense of love and belonging (D) safety/security - ANS - A A CTRS is interested in determining behaviors that relate to a person's ability to successfully integrate into society using his/her social interaction skills. From the following options, the CTRS should choose which assessment? (A) Leisure Diagnostic Battery (B) L...

A person who has not been registered for the past three years has now become newly registered with another broker-dealer. With regard to Regulatory Element, this representative... - ANS - 1) Must take the appropriate module as if subject the program for the first time 2) Must complete the Regulatory Element within a 120-day period that begins with the second anniversary of their registration NOTE: - have to re-do if you have left the securities industry for more than 2 YEARS - the program...

XYZ County Sewer Revenue 6.5% municipal bonds mature in 20 years. If they are currently offered at 92, they have a yield to maturity of approximately - ANS - A) 7.19%.* B) 5.96%. C) 6.50%. D) 6.23%. A customer interested in a collateralized mortgage obligation (CMO) might look to which of the following for historical data or projections regarding mortgage prepayments? - ANS - A) DEA B) PSA C) FINRA D) Bond Buyer * Your customer, who lives in State A, is in the highest federal a...

An investor tells his rr to purchase 50m EGG 11.7% debenture bonds. The order goes through and the bonds are purchased for 113. A year before the bond matures, it is valued at 103. What is this called? - ANS - Amortization In oil and gas limited partnerships is the risk greater in developmental or exploratory programs? - ANS - exploratory What is the best way to measure the GNP? (gross national product) - ANS - constant dollars What is the broker's role in the term "broker/dealer"? - AN...

differences between static and interactive content on social media - only static content needs pre-approval only interactive content can be commented on by others Under the uniform securities act, the administrator is required to provide which of the following in a disciplinary proceeding? I. Appropriate prior notice II. Opportunity for a hearing III. written findings of fact and conclusion of law - I, II, and III. A registered IA recommends a stock that will be sold to an advisory clien...

Issuer Securities Exclusions for Registering as an Agent - >>>>U.S. Government Securities Municipal Securities Canadian Government Securities Banks Promissory notes & investment Contracts Do you have to be registered as an Agent to sell securities issued by Insurance Co. Secuirities and Federal Savings & Loans Securities - >>>>Yes, however, these securities are listed in the federal list of exemptions Exempt Transactions from registering as an agent - >>>...

What are the ranges of micro, small, mid, and large cap companies? - ANS - under 300m, 300m - 2b , 2b - 10b , over 10b What is the formula for quick ratio, quick asset ratio, and acid test ratio - ANS - these are all synonyms. (CA - Inventory)/CL Name all of the current (coincident) indicators - ANS - Nonagricultural employment Personal income, minus Social Security, veteran benefits, and welfare payments (happens now) Industrial production (happens right now) Manufacturing and trade sale...

what is the equation for operating margin? - ANS - net profit / revenue what type of risk does beta calculate? - ANS - systematic risk, risk of a single security compared to the market as a whole what type of risk is eliminated if you always hold a bond until maturity? - ANS - interest rate risk can preferred stock ever be called back by a company? - ANS - yes do you have voting rights if you hold an ADR? - ANS - no what are some things that fundamental analysts look for? - ANS - fiscal p...

An existing customer of a broker-dealer registered in State A is vacationing in State B. Can the broker-dealer solicit the customer? - ANS - The broker-dealer may solicit the customer in State B without registering in State B. If a broker-dealer effects a transaction in a state (unless an exemption is available), the brokerdealer must be registered in that state. One of the exemptions available, however, covers the instance where an existing customer of a registered broker-dealer is vacation...

A registered representative making a sales presentation based on performance statements and charts is permitted to make which of the following observations? - ANS - The fund has had a positive performance in the last few years. An investor is in the annuity stage of a variable annuity purchased 15 years ago. During the present month, if the annuitant receives a check for an amount that is less than the previous month's payment, which scenario likely occurred? - ANS - The account's perform...

What type of fund can issue more than one type of security? - ANS - Closed-end funds. They can issue common & preferred stock, and bonds. Open-end can only issue redeemable common stock. What are some key features of the Securities Exchange Act of 1934? - ANS - (The People Act) it requires registration of people and exchanges transacting securities business in order to prevent manipulative and deceptive practices. The Act of 1934 also created the SEC and mandated the creation of SROs. How...

What factors determine the number of annuity units an investor will receive after annuitizing a variable annuity? - ANS - 1) The payout option 2) Assumed interest rate (AIR) 3) The annuitant's age 4) The annuitant's gender Who must sign a new account form? - ANS - The two signatures required on a new account form are from the registered representative and the principal. What is the purpose of the form U-4? - ANS - The purpose of the form U-4 is to register a registered representative w...

On the 2-year anniversary of their registration and every 3 years thereafter. - >>>>When must RRs complete the Regulatory Element of Continuing Education? True - >>>>True or False: Firm Element Continuing Education requires BDs to update employees on job and product-related subjects. U4 - >>>>To apply for a securities license, one must file Form _____ with FINRA. Action (buy/sell), Amount (quantity), and Asset (security) - >>>>What three items...

A futures clearinghouse makes possible the closing out of a futures position by an offsetting market transaction - ANS - True Scalper - ANS - another name for a day trader. Which of the following items in a futures contract is standardized? - ANS - The size - the amount of the underlying item covered by the contract Similar futures contracts can be traded on: - ANS - Multiple exchanges regardless of location The first notice day is: - ANS - The first day a short can issue a delivery notice...

According to NFA Rule 2-30 (know your customer), what information do you need to know about them? - ANS - According to Rule 2-30, the representative should know at least the customer's name, address, occupation, annual income, net worth, approximate age, and previous investment/futures trading experience. Educational background is not required Offset of a short futures position occurs with - ANS - Buying the futures intramarket Stop orders can be used to initiate/close positions - ANS - Tr...

1. Which of the following is NOT a loan origination activity? - ANS - C. Assisting in a loan modification 2. A unilateral contract is binding on: - ANS - A. One party 3. Loan originator organizations must keep compensation records for how many years? - ANS - C. Three 4. Mortgage companies must submit a residential loan origination activity report to the NMLSR every: - ANS - B. Three months 5. How many years must loan originator applicants wait after a felony fraud conviction, in order to...

Who's Tom Sawyer's caregiver - ANS - Aunt Polly How does Aunt Polly feel about Tom - ANS - She knows she should punish him, but it breaks her heart when she has to. She loves him, but frustrated with him. Tell me about Tom - ANS - Trouble maker, likes to fight, lazy, skips school, lies Why did Tom chase the boy home after their fight - ANS - The boy hit him with a rock What did Tom have to do Saturday morning as a punishment for his ruined clothes? - ANS - Whitewashing the fence How did...

How does Tom differ from his half-brother sid - ANS - Tom is mischievous & Sid is the nice boy Why does aunt Polly ask Tom so many questions at the dinner table - ANS - Aunt Polly has a good feeling he played hooky and she wants him to confess How does and Polly discover Tom has played hooky - ANS - Sid noticed that the thread that threaded Toms collar was a different color How does and probably punish Tom for playing hooky at school - ANS - She makes him white wash the fence Why won't ...