FINRA Updated Series-7 Exam Questions and Answers by zeynep

purchasers of fund shares must agree to make regular investments over a period of years

income, dividend, and capital gain distributions may be automatically used to purchase new shares of the fund

holders of fund shares are permitted to regularly purchase additional shares at the bid price

no federal income taxes are paid on dividends and capital gain distributions from the fund

a registered representative with the SEC under the Investment Advisors Act of 1940

conform to the prudent man requirements in that state

furnish written documents of authority to the brokerage firm executing the orders

be registered with the NYSE and FINRA as a representative

income statement

balance sheet

Profit and Loss

cash flow statement

tax anticipation bonds

municipal bonds

treasury bonds

Series EE bonds