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 Exam Series-7 Topic 6 Question 97 Discussion

Actual exam question for Finra's Series-7 exam
Question #: 97
Topic #: 6
[All Series-7 Questions]

When opening a brokerage account for a customer, a registered representative must determine the customer's:

Show Suggested Answer Hide Answer
Suggested Answer: C

they are adjusted for cash dividends. This is the statement that is ''not'' true.


by Alida at Sep 18, 2024, 10:01 PM

Limited Time Offer

25%

Off

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

Contribute your Thoughts:

Submit Cancel
Dante
22 days ago
Well, if I had a dollar for every time I had to determine a customer's financial profile, I'd be a millionaire by now. Good thing it's a straightforward question!
upvoted 0 times
...
Fidelia
1 months ago
Isn't it funny how they make these questions so straightforward? It's almost like they want us to get them right. I'll take it!
upvoted 0 times
Olene
9 days ago
B) financial resources
upvoted 0 times
...
Wilda
15 days ago
A) investment objectives
upvoted 0 times
...
Charisse
15 days ago
A) investment objectives
upvoted 0 times
...
...
Frederick
1 months ago
Absolutely! Covering all the bases is the way to go. You don't want to miss anything that could impact the customer's financial goals and risk tolerance.
upvoted 0 times
...
Lilli
2 months ago
I agree with Mabel. Considering all aspects of the customer's financial situation is essential to provide appropriate investment recommendations and services.
upvoted 0 times
Irma
21 days ago
D) all of the above
upvoted 0 times
...
Lizbeth
22 days ago
C) financial requirements
upvoted 0 times
...
Darrin
28 days ago
B) financial resources
upvoted 0 times
...
Mi
30 days ago
A) investment objectives
upvoted 0 times
...
...
Mabel
2 months ago
Option D is definitely the correct answer. As a registered representative, determining the customer's investment objectives, financial resources, and financial requirements is crucial for opening a brokerage account.
upvoted 0 times
Isidra
23 hours ago
D) all of the above
upvoted 0 times
...
Yuki
2 days ago
C) financial requirements
upvoted 0 times
...
Georgene
12 days ago
B) financial resources
upvoted 0 times
...
Carman
26 days ago
A) investment objectives
upvoted 0 times
...
...
Dyan
2 months ago
I'm not sure, but I think it's important to consider all aspects of the customer's financial situation before making investment decisions.
upvoted 0 times
...
Nancey
2 months ago
I agree with Vanesa, because determining all of these factors is important for making suitable investment recommendations.
upvoted 0 times
...
Vanesa
2 months ago
I think the answer is D) all of the above.
upvoted 0 times
...

Save Cancel