S&I Exam II

Question 1

At a formal place setting, the goblets appear from left to right as:

Accepted Answer

Water, champagne, red wine, white wine, sherry

Question 2

When dining in a formal or informal setting, one should always place their napkin on their lap:

Accepted Answer

fold out

Question 3

Tom is invited to a staff meeting that begins at 10am. What time should he arrive?

Accepted Answer

9:45am

Question 4

One of these things is not like the other, one of these things does not belong. Which?

Accepted Answer

Russell 2000

Question 5

When choosing a restaurant for a meeting, be sure to consider all of the following except:

Accepted Answer

proximity to your office

Question 6

At which of the following times is a follow-up email NOT recommended?

Accepted Answer

To report an issue with a coworker to your boss

Question 7

Always be ___ when engaged in a biz conversation, even if you disagree with what is being said.

Accepted Answer

Diplomatic

Question 8

When an agenda is distributed to attendees of a business meeting in advance, attendees should:

Accepted Answer

Research the topics and prepare questions about the material

Question 9

The tone of your business communications should include all of the following except:

Accepted Answer

Use sarcasm to bring humor into the work environment

Question 10

The most important trait for a successful entrepreneur to have is:

Accepted Answer

leadership

Question 11

On a Supply/Demand graph: Excess supply with low demand is called:

Accepted Answer

surplus

Question 12

Both Series 6 and 7 candidates must do the following:

Accepted Answer

Have a job offer from a FINRA member

Question 13

All of the following are ways to value stock except:

Accepted Answer

Equality Pricing Statistic

Question 14

Always __________________the customer for holding.

Accepted Answer

thank

Question 15

Both Series 6 and 7 candidates must do the following:

Accepted Answer

Have a job offer from a FINRA member

Question 16

Where should your cell phone be during a business meeting?

Accepted Answer

turned off & in your car

Question 17

When seated for an informal banquet, place your napkin on your lap _______ with the fold _____.

Accepted Answer

immediately, out

Question 18

Arrive at business meetings:

Accepted Answer

at least 15 minutes early

Question 19

An individual who takes a series 6 exam is called:

Accepted Answer

Limited Representative

Question 20

Avoid sounding too soft spoken or overbearing, mirror your customers’ __________ and _________.

Accepted Answer

Tone, Volume

Question 21

Term Life insurance

Accepted Answer

Has a cash value

Question 22

What is the most important communication style in over the phone conversations?

Accepted Answer

Verbal

Question 23

Which of the following regulate trading in the NYSE?

Accepted Answer

SEC

Question 24

An individual who takes a series 6 exam is called:

Accepted Answer

Limited Representative

Question 25

IPO stands for:

Accepted Answer

Initial Public Offering

Question 26

What is the basis for the interest rate?

Accepted Answer

The 30-year Treasury Bond rate

Question 27

Emails are like letters and should contain all of the following except:

Accepted Answer

lies

Question 28

Who is expected to pay for a business lunch?

Accepted Answer

The invitor

Question 29

Though not seen, ________________ can still be detected during phone conversations.

Accepted Answer

smiles

Question 30

Who sets the price of a stock in the stock market?

Accepted Answer

Buyers and Sellers

Question 31

Follow-up is a key element of professional business communications

Accepted Answer

True

Question 32

In phone conversations, ________includes posture and smiling.

Accepted Answer

Non-verbal

Question 33

Susan is a representative of Chase meeting investors & bankers. What is likely the dress code?

Accepted Answer

business professional

Question 34

When servers bring food to your table at an in-formal banquet:

Accepted Answer

They serve from the left and clear from the right

Question 35

Why would in Texas not see a tax benefit for investing in T-bills?

Accepted Answer

Texas doesn’t have a state tax

Question 36

When introducing others, you should always do the following:

Accepted Answer

Give full names and a detail about the person for connection

Question 37

International clients must be expected to conform to US norms in all of the following areas:

Accepted Answer

none of the answers are correct

Question 38

To fund a new business as a entrepreneur you can look to all of the following except:

Accepted Answer

Increase in stock prices / stock splits

Question 39

When preparing for a business luncheon, you should do all of the following except:

Accepted Answer

Prepare a sales pitch you can give clients while they eat

Question 40

Investments in the stock market are overseen by FINRA and insured by the FDIC.

Accepted Answer

False

Question 41

Someone who wants to be a stock broker needs to pass which of the following?

Accepted Answer

Series 7 Exam

Question 42

Insurance agents have to pass the same exams & go through the same procedures as stock brokers

Accepted Answer

False

Question 43

__________ are words / phrases you can use to avoid dead air.

Accepted Answer

fillers

Question 44

Match your ________________________ to the customer’s knowledge level.

Accepted Answer

vocabulary

Question 45

The stock market is considered a low-risk investment.

Accepted Answer

False

Question 46

Always give a business card to everyone you meet

Accepted Answer

False

Question 47

When introducing others, you should always do the following:

Accepted Answer

Give full names and a detail about the person for connection

Question 48

You build a trusting environment when you use positive and action-oriented _______.

Accepted Answer

Language of Confindence

Question 49

Term Life insurance:

Accepted Answer

Has a cash value

Question 50

Always ___________the customer for holding.

Accepted Answer

Thank

Question 51

An informal place setting has how many utensils on the table when you sit down?

Accepted Answer

5

Question 52

Someone who wants to be a stock broker needs to pass which of the following?

Accepted Answer

Series 7

Question 53

Jane needs to discuss next year’s budget numbers with Ray. She thinks it will only take 15min

Accepted Answer

Email Ray to schedule a time for the meeting

Question 54

At a business meal one must always eat everything they are offered

Accepted Answer

False

Question 55

IPO stands for

Accepted Answer

Initial Public Offering

Question 56

The NASDAQ hours are 9-4pm EST

Accepted Answer

False

Question 57

Before Register Representatives can sell securities, they must do all of the following except

Accepted Answer

Get at least a 700 on your credit report

Question 58

An individual who takes a series 7 exam is called:

Accepted Answer

Registered Representative

Question 59

Some states require these individuals to also obtain a series 63 license:

Accepted Answer

Annuity Agent

Question 60

When servers bring food to your table at an in-formal banquet:

Accepted Answer

They serve from the left, clear from the right

S&I Exam II

Questions 60

S&I Exam II

Questions 60