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Finra Series-7 Exam - Topic 2 Question 52 Discussion

Actual exam question for Finra's Series-7 exam
Question #: 52
Topic #: 2
[All Series-7 Questions]

Which of the following is normally the largest asset of a manufacturing company?

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Suggested Answer: B

Inventory. A manufacturer will normally have more inventory than accounts receivable and notes receivable. Sales is not an asset category.


by Venita at May 31, 2022, 06:34 AM

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Katie
5 months ago
Sales aren't an asset, so it's definitely not A.
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Dylan
5 months ago
Wait, is it always inventory? That seems surprising!
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Kristofer
6 months ago
Really? I thought accounts receivable could be bigger.
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Jenise
6 months ago
Totally agree, inventory makes sense!
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Kenny
6 months ago
Inventory is usually the largest asset for manufacturers.
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Heike
6 months ago
I’m a bit confused because I thought accounts receivable could also be significant, but I guess it depends on the company.
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Stephen
6 months ago
I remember a practice question where inventory was highlighted as a key asset, so I’m leaning towards option B.
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Elmer
6 months ago
I think inventory is usually the largest asset for manufacturing companies, but I'm not completely sure.
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Erasmo
6 months ago
I feel like I’ve seen similar questions before, and inventory often comes up as the largest asset in those cases.
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Charlene
6 months ago
Decompressing the gzip archives and storing as CSV files seems like it might add unnecessary overhead. I'd want to avoid that if possible.
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Cordell
6 months ago
Spreading the pool over storage tiers could work, but I'm not sure if that's the most efficient solution for this specific requirement.
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Vince
6 months ago
Ah, this is a good one. I'll need to pay close attention to the small details like tightening screws and installing the dust filter. Can't afford to overlook anything here.
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