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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
Scenario:

A. Option C
B. Option A
C. Option D
D. Option B
Answer: D

NEW QUESTION: 2

A. Option B
B. Option A
C. Option D
D. Option C
Answer: D

NEW QUESTION: 3
Which of the following disaster recovery testing techniques is the MOST cost-effective way to determine the effectiveness of the plan?
A. Preparedness tests
B. Actual service disruption
C. Full operational tests
D. Paper tests
Answer: A
Explanation:
Explanation
Preparedness tests would involve simulation of the entire test in phases and help the team better understand and prepare for the actual test scenario. Options B, C and D are not cost-effective ways to establish plan effectiveness. Paper tests in a walk-through do not include simulation and so there is less learning and it is difficult to obtain evidence that the team has understood the test plan. Option D is not recommended in most cases. Option C would require an approval from management is not easy or practical to test in most scenarios and may itself trigger a disaster.


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