MENU
Which of the following is not an investment company within the terms of the Investment Company Act of 1940?
Suggested Answer: D
Get Premium Series-7 Questions
as Interactive Web-Based Practice Test or PDF
Real Exam Format
Detailed Explanations
Instant Access
Get Your Practice Test
predictions of recession in the economy. All of the other choices are technical market indicators. An economic forecast is ''fundamental'' market data.
39 comments · newest first
RE
Reuben
11 months ago
I thought management companies were excluded too, but I guess not!
OL
Ollie
12 months ago
A face-amount certificate company definitely counts as an investment company.
LE
Lettie
12 months ago
Wait, are you sure about that? Seems a bit off.
GL
Glenn
1 year ago
Totally agree, that's the right answer!
MI
Mira
1 year ago
A holding company dealing in mineral leaseholds is not an investment company.
SH
Shayne
1 year ago
I’m a bit confused about unit investment trusts; I thought they were investment companies too, but maybe the holding company is the exception here?
TO
Tonja
1 year ago
I feel like I've seen a question like this before, and I think management companies are definitely included as investment companies.
AL
Alton
1 year ago
I'm not entirely sure, but I remember that face-amount certificate companies are definitely considered investment companies under the Act.
LO
Lorean
1 year ago
I think the holding company dealing in mineral leaseholds might be the right answer since it doesn't sound like a typical investment company.
MA
Markus
1 year ago
I'm a bit confused by this question. The code snippet doesn't provide much context, so I'll need to think through the possible solutions carefully.
FE
Felicidad
1 year ago
The key here is that the workers need to be able to document their own performance, so I'd say the answer is the Employee self-service workspace. That seems like the most logical place for them to do that.
IZ
Izetta
1 year ago
I feel pretty confident about this one. The Run and Improve stage is all about maintaining and continuously improving the service, so C seems like the best option.
AS
Ashley
1 year ago
NTFS is definitely the way to go here. It's the standard file system for Windows and can handle large file sizes without any issues.
LU
Luisa
1 year ago
I vaguely recall that adding "host-routing" under the BVI might be necessary too, but I'm kind of confused on the correct placement right now.
GE
Gerald
1 year ago
Holding companies, face-amount certificates, unit trusts, and management companies - this exam is really mining the depths of investment knowledge!
CA
Candida
1 year ago
Management company, eh? Sounds like they've got the reins on this investment thing.
DY
Dyan
1 year ago
But remember, a holding company dealing in mineral leaseholds is not considered an investment company under the Investment Company Act of 1940.
BO
Bonita
1 year ago
That's right, they make decisions on what to buy and sell in the portfolio.
AS
Ashlyn
1 year ago
I think they handle the day-to-day operations of the investment company.
BR
Brynn
1 year ago
Yeah, management companies play a big role in the investment world.
BE
Bernadine
1 year ago
Unit investment trust company, huh? Sounds like a trusty investment, if you ask me.
CH
Chantell
1 year ago
A management company is not classified as an investment company.
SH
Sharika
1 year ago
I believe a face-amount certificate company is not considered an investment company.
TR
Truman
1 year ago
I think a holding company dealing in mineral leaseholds is not an investment company.
YO
Yong
2 years ago
A face-amount certificate company? That's a new one on me. I bet it's more exciting than it sounds.
IO
Iola
1 year ago
C: I heard they were popular back in the day but not so much anymore.
TH
Theola
1 year ago
B: Yeah, it's a type of investment company that guarantees a fixed return.
KA
Karl
1 year ago
A: I think a face-amount certificate company is like a savings bond.
MI
Michal
2 years ago
But why do you think that? I thought management companies are considered investment companies.
JE
Jesusita
2 years ago
I disagree, I believe the correct answer is D) a management company.
MI
Michal
2 years ago
I think the answer is A) a holding company dealing in mineral leaseholds.
ER
Erasmo
2 years ago
Hmm, a holding company dealing in mineral leaseholds? Sounds like a real goldmine of an investment!
ET
Ettie
1 year ago
D) a management company
AD
Adria
1 year ago
C) a unit investment trust company
RE
Reuben
1 year ago
B) a face-amount certificate company
VA
Vallie
2 years ago
A) a holding company dealing in mineral leaseholds
DE
Derick
2 years ago
I'm not sure about this one. Can someone explain why holding company dealing in mineral leaseholds is not considered an investment company?
CY
Cyndy
2 years ago
I agree with Merrilee. Holding company dealing in mineral leaseholds is not considered an investment company under the Act.
ME
Merrilee
2 years ago
I think the answer is A) a holding company dealing in mineral leaseholds.