Publisher's Synopsis
"Conquer the Series 7 Exam: Three Practice Tests with Explanations" is your ultimate guide to mastering the Series 7 exam. This comprehensive resource includes three full-length practice exams, each with 125 multiple-choice questions that mirror the format and distribution of the actual test. Each practice exam is presented in two parts. The first part contains the practice exam without answers, allowing you to test your knowledge under realistic exam conditions. Following this, the second part includes the same practice exam with detailed answers and explanations. These explanations help you understand the reasoning behind the correct answers and reinforce your knowledge.
The exam structure is meticulously designed to reflect the actual Series 7 exam, ensuring you are thoroughly prepared. The allocation of questions is as follows: Function 1 (Seeks Business for the Broker-Dealer from Customers and Potential Customers) comprises 7% of the exam with 9 questions; Function 2 (Opens Accounts After Obtaining and Evaluating Customers' Financial Profile and Investment Objectives) makes up 9% with 11 questions; Function 3 (Provides Customers with Information About Investments, Makes Recommendations, Transfers Assets and Maintains Appropriate Records) is the largest section, accounting for 73% with 91 questions; and Function 4 (Obtains and Verifies Customers' Purchase and Sales Instructions and Agreements; Processes, Completes and Confirms Transactions) comprises 11% with 14 questions. This book is an invaluable tool for anyone aiming to pass the Series 7 exam with confidence. It provides a realistic testing experience, in-depth explanations, and comprehensive coverage of all exam topics. Whether you're a first-time test taker or seeking to improve your score, "Conquer the Series 7 Exam" equips you with the knowledge and skills needed for success.
