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Exam Code: Series-7
Exam Name: General Securities Representative Qualification Examination (GS)
Vendor: FINRA

60 Questions & Answers
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NEW QUESTION: 1

A. Option B
B. Option C
C. Option D
D. Option E
E. Option G
F. Option F
G. Option A
Answer: C

NEW QUESTION: 2
Where are the catalog files stored when a Managed Backup Exec Server (MBES) is configured with unrestricted access to catalogs and backup sets?
A. on both the Central Administration Server (CAS) and the local MBES
B. on the Central Administration Server (CAS) and all MBES
C. on the Central Administration Server (CAS) only
D. on the local MBES only
Answer: C

NEW QUESTION: 3
The dividends distributed by which of the following are taxed as ordinary income?
A. closed-end investment companies
B. IBM
C. real estate investment trusts
D. mutual funds
Answer: C
Explanation:
The dividends distributed by real estate investment trusts are taxed as ordinary income.
Dividends on all of the other choices are subject to preferential tax treatment under current tax laws.


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