General Securities Representative Examination (GS): Series7 Exam
"General Securities Representative Examination (GS)", also known as Series7 exam, is a FINRA Certification. With the complete collection of questions and answers, PrepAwayPDF has assembled to take you through 400 Q&As to your Series7 Exam preparation. In the Series7 exam resources, you will cover every field and category in FINRA Certification Certification helping to ready you for your successful FINRA Certification.
- Exam Code: Series7
- Exam Name: General Securities Representative Examination (GS)
- Certification Provider: FINRA
- Corresponding Certification: FINRA Certification
- Updated: Sep 22, 2026
- No. of Questions: 400 Questions & Answers with Testing Engine
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FINRA Series7 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Opens Accounts After Obtaining and Evaluating Customers' Financial Profile and Investment Objectives | 11% | - Customer accounts and documentation
|
| Topic 2: Provides Customers with Information About Investments, Makes Suitable Recommendations, Transfers Assets and Maintains Appropriate Records | 73% | - Customer recommendations and transactions
|
| Topic 3: Seeks Business for the Broker-Dealer from Customers and Potential Customers | 9% | - Customer acquisition and prospecting
|
| Topic 4: Obtains and Verifies Customers' Purchase and Sale Instructions and Agreements; Processes, Completes and Confirms Transactions | 7% | - Trade execution and settlement
|
FINRA General Securities Representative Examination (GS) Sample Questions:
A financial institution requesting a quote on a block of 100 bonds from a dealer in government securities
receives a quote of 98.02 bid, 98.06 asked. What is the dollar amount the institution will receive if the
financial institution sells these bonds to the dealer?''
- A. $98,187.50
- B. $98,750.00
- C. $98,250.00
- D. $98,062.50
Correct Answer: D 🗳️
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Bubba purchases 100 shares of XYZ at 78 and, on the same day, writes 1 XYZ October 80 call for a
premium of 4. If the option expires unexercised, what is Bubba's profit on the 100 shares of stock?
- A. cannot be determined
- B. $600
- C. $400
- D. $200
Correct Answer: A 🗳️
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The Bubba Fund is a load mutual fund that offers a reinvestment plan. What does this mean?
- A. holders of fund shares are permitted to regularly purchase additional shares at the bid price
- B. no federal income taxes are paid on dividends and capital gain distributions from the fund
- C. purchasers of fund shares must agree to make regular investments over a period of years
- D. income, dividend, and capital gain distributions may be automatically used to purchase new shares of
the fund
Correct Answer: D 🗳️
Explanation: Only visible for PrepAwayPDF members. You can sign-up / login (it's free).
Which of the following forms of underwriting is least likely for an offering of municipal bonds?
- A. best efforts
- B. competitive bid
- C. firm commitment
- D. negotiated
Correct Answer: A 🗳️
Explanation: Only visible for PrepAwayPDF members. You can sign-up / login (it's free).
Which of the following has the least active secondary market:
- A. certificates of deposit
- B. treasury bills
- C. commercial paper
- D. banker's acceptances
Correct Answer: C 🗳️
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