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Finra Exam Series-7 Topic 2 Question 65 Discussion

Actual exam question for Finra's Series-7 exam
Question #: 65
Topic #: 2
[All Series-7 Questions]

Level III of NASDAQ provides which of the following?

Show Suggested Answer Hide Answer
Suggested Answer: B

it is somewhat below the standard minimum. The standard minimum current ratio for a manufacturing company is 2 to 1. The current ratio for this company is 1.92 (9,400,000 divided by 4,900,000).


by Taryn at Feb 06, 2023, 06:50 AM

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Freida
2 months ago
Ooh, 'workout markets'? I'm in! Time to get my stock portfolio in shape. Though I'm not sure if that's a real thing or just the gym membership plan that comes with my trading account.
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Magda
2 months ago
Firm quotations, hands down. The rest of these sound like they belong in a gym, not on a stock exchange. Though I do wonder what a 'workout market' is - maybe it's where you go to exercise your portfolio?
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Denny
28 days ago
Subject markets could be useful for tracking specific sectors.
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Lavonna
30 days ago
Representative quotations help provide a snapshot of market activity.
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Dominque
1 months ago
I think workout markets might involve trading in distressed securities.
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Elizabeth
2 months ago
I agree, firm quotations are essential for making informed decisions.
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Leeann
3 months ago
This one's a no-brainer. Level III of NASDAQ provides firm quotations, which is the most reliable and authoritative information you can get. The other options just sound like they're made up.
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King
2 months ago
Firm quotations are the gold standard for sure.
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Silvana
2 months ago
Yeah, representative quotations just don't cut it.
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Julie
2 months ago
I agree, firm quotations are definitely the way to go.
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Eric
3 months ago
B) firm quotations, of course! I can't imagine why anyone would need 'subject markets' or 'workout markets' on a stock exchange. Sounds like they're really trying to trick us here.
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Delsie
2 months ago
Yeah, subject markets and workout markets sound unnecessary and confusing.
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Dalene
2 months ago
I agree, firm quotations are essential for making informed decisions.
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Dortha
3 months ago
Hmm, firm quotations sounds like the way to go. I mean, who wants representative or 'workout' quotations? That just sounds like a workout I don't need.
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Aleshia
3 months ago
I'm not sure, but I think it could also be B) firm quotations, as they are commonly provided at Level III of NASDAQ.
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Candida
3 months ago
I agree with Elden, because Level III of NASDAQ typically provides representative quotations.
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Elden
4 months ago
I think the answer is A) representative quotations.
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