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Finra Exam Series-7 Topic 6 Question 103 Discussion

Actual exam question for Finra's Series-7 exam
Question #: 103
Topic #: 6
[All Series-7 Questions]

Which of the following is not an intangible drilling cost?

Show Suggested Answer Hide Answer
Suggested Answer: B

money spread. Since the strike prices are different, but not the expiration date, this is a money spread (sometimes called a ''price spread'' or a ''vertical spread'').


by Tarra at Nov 14, 2024, 12:26 AM

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Carri
2 months ago
This question is a real head-scratcher. I'm going to have to consult my crystal ball on this one. *rubs hands together* Ah yes, the answer is C!
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Belen
2 months ago
User 3: Actually, I consulted my crystal ball and it's C) machinery and pipe.
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Stephen
2 months ago
User 2: No, I believe it's D) repairs.
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Floyd
2 months ago
User 1: I think the answer is A) salaries.
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Cassi
3 months ago
Ooh, tricky one! I'm going to have to think this through carefully. Let me see... Ah, got it! C is the answer.
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Annett
1 months ago
That's right, intangible costs are things like salaries and supplies.
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Jodi
1 months ago
Yes, machinery and pipe are tangible costs.
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Justine
1 months ago
I think C is the answer too.
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Amos
1 months ago
D) repairs
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Ozell
1 months ago
C) machinery and pipe
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Veronika
2 months ago
B) supplies and fuel
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Larae
2 months ago
A) salaries
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Marsha
3 months ago
A, B, and D all seem like they could be intangible costs. I'm going to go with C for this one.
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Felicia
2 months ago
I agree, machinery and pipe are tangible costs.
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Maryln
2 months ago
I think C is the correct answer.
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Alpha
3 months ago
But salaries are considered intangible drilling costs because they are not physical items used in drilling.
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Chau
3 months ago
Hmm, I'm pretty sure C is the correct answer here. Machinery and pipe are definitely tangible drilling costs.
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Gilberto
2 months ago
So the correct answer must be C) machinery and pipe.
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Youlanda
2 months ago
Yeah, I agree. It's definitely not an intangible drilling cost.
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Ligia
2 months ago
I think you're right, C) machinery and pipe seems like a tangible cost.
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Yun
2 months ago
D) repairs
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Eliz
2 months ago
C) machinery and pipe
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Margart
2 months ago
B) supplies and fuel
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Sherell
3 months ago
A) salaries
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Gussie
3 months ago
I disagree, I believe the answer is A) salaries.
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Alpha
4 months ago
I think the answer is C) machinery and pipe.
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