Deal of The Day! Hurry Up, Grab the Special Discount - Save 25% - Ends In 00:00:00 Coupon code: SAVE25
Welcome to Pass4Success

- Free Preparation Discussions
Mail Us support@pass4success.com
Location US
Mob_nav_barsMENU

Finra Series-7 Exam - Topic 3 Question 111 Discussion

Actual exam question for Finra's Series-7 exam
Question #: 111
Topic #: 3
[All Series-7 Questions]

Which of the following is not true about US treasury bills?

Show Suggested Answer Hide Answer
Suggested Answer: C

they are issued in denominations of $1,000 to $1,000,000. Remember, the question asks what is ''not'' true. The smallest denomination for a US treasury bill is $10,000.


by Ciara at May 02, 2025, 07:11 PM

Limited Time Offer

25%

Off

Get Premium Series-7 Questions as Interactive Web-Based Practice Test or PDF

Contribute your Thoughts:

0/2000 characters
Submit Cancel
Isaac
5 months ago
Wait, are they really general obligations?
upvoted 0 times
...
Alyce
5 months ago
C seems off, they don’t go that high.
upvoted 0 times
...
Katina
6 months ago
Totally agree, B is correct!
upvoted 0 times
...
Ivan
6 months ago
I thought they were only $1,000 to $100,000.
upvoted 0 times
...
Cassie
6 months ago
They are definitely issued at a discount.
upvoted 0 times
...
Viola
6 months ago
I’m a bit confused about C; I thought they were issued in smaller denominations, like $1,000, but I can't recall the exact details.
upvoted 0 times
...
Freeman
7 months ago
I feel like I’ve seen a question about treasury bills before, and I think they are general obligations, so D might be true.
upvoted 0 times
...
Lelia
7 months ago
I think B is correct too, since they are classified as money market instruments, but I'm not sure about the denominations.
upvoted 0 times
...
Dana
7 months ago
I remember studying that treasury bills are indeed issued at a discount, so A seems true.
upvoted 0 times
...
Rebbecca
7 months ago
Ah, I remember now! Treasury bills are general obligations of the US government, so that must be the correct answer. I feel good about this one.
upvoted 0 times
...
Isadora
7 months ago
Okay, let me think this through. Treasury bills are issued in denominations of $1,000 to $1,000,000, so that can't be the answer. I'm leaning towards D, but I'll double-check the other options.
upvoted 0 times
...
Doug
7 months ago
Hmm, I'm a bit unsure about this. I know treasury bills are money market instruments, but I'm not sure if that's the correct answer here.
upvoted 0 times
...
Lenora
8 months ago
I'm pretty confident about this one. Treasury bills are issued at a discount, so that's not the right answer.
upvoted 0 times
...
Veta
11 months ago
Haha, I bet the government wishes they could issue bills in the millions! But C is the right answer here.
upvoted 0 times
...
Dianne
11 months ago
I'm going with A. Treasury bills are issued at a discount from their face value, not at par.
upvoted 0 times
Stefanie
10 months ago
Correct. Treasury bills are general obligations of the US government.
upvoted 0 times
...
Aleta
10 months ago
D) they are general obligations of the US government
upvoted 0 times
...
Reuben
10 months ago
That's right. Treasury bills are issued in various denominations.
upvoted 0 times
...
Maryrose
10 months ago
C) they are issued in denominations of $1,000 to $1,000,000
upvoted 0 times
...
Dorthy
10 months ago
Yes, that's true. Treasury bills are considered money market instruments.
upvoted 0 times
...
Harrison
10 months ago
B) they are money market instruments
upvoted 0 times
...
Isabelle
11 months ago
That's correct. Treasury bills are indeed issued at a discount.
upvoted 0 times
...
Sabra
11 months ago
User 3: So, A is the correct answer then.
upvoted 0 times
...
Marta
11 months ago
A) they are issued at a discount
upvoted 0 times
...
Oneida
11 months ago
User 2: Yes, that's right. They are sold for less than their face value.
upvoted 0 times
...
Dino
11 months ago
User 1: I think A is correct. Treasury bills are issued at a discount.
upvoted 0 times
...
...
Jose
12 months ago
B and C seem correct to me. Treasury bills are definitely money market instruments and are issued in those denominations.
upvoted 0 times
Laurene
11 months ago
C) they are issued in denominations of $1,000 to $1,000,000
upvoted 0 times
...
Ines
11 months ago
B) they are money market instruments
upvoted 0 times
...
Gracia
11 months ago
A) they are issued at a discount
upvoted 0 times
...
Boris
11 months ago
D) they are general obligations of the US government
upvoted 0 times
...
Billy
12 months ago
A) they are issued at a discount
upvoted 0 times
...
...
Anglea
1 year ago
I think the answer is D. Treasury bills are not general obligations of the US government, they are backed by the full faith and credit of the government.
upvoted 0 times
Glenn
11 months ago
User 3: I agree with Glenn, the answer is C. Treasury bills are not issued in denominations of $1,000 to $1,000,000.
upvoted 0 times
...
Kent
12 months ago
User 2: Actually, the correct answer is C. Treasury bills are issued in denominations of $1,000 to $1,000,000.
upvoted 0 times
...
Johna
12 months ago
User 1: I think the answer is D. Treasury bills are not general obligations of the US government, they are backed by the full faith and credit of the government.
upvoted 0 times
...
...
Mozell
1 year ago
I'm not sure, but I think B) they are money market instruments could also be a possible answer.
upvoted 0 times
...
Derick
1 year ago
I disagree, I believe the correct answer is D) they are general obligations of the US government.
upvoted 0 times
...
Josphine
1 year ago
I think the answer is C) they are issued in denominations of $1,000 to $1,000,000.
upvoted 0 times
...

Save Cancel