美国寿险经纪执照考试S6_2 Question.pdfVIP

/online/qbank/print-test?usertestid=6134838 QBank Printable Exams - Practice Test 08/29/2012 Question 1 - #677 Distributions from a profit-sharing plan made to an employee after retirement are from the: A) profits on the plans assets only. B) amount allocated to the individuals account during the employees participation in the plan only. C) interest accumulating on the plans assets. amount allocated to the individuals account plus accumulated earnings during the employees participation in the D) plan. Question 2 - #701 An investor traveling abroad receives communication from his broker/dealer that a stock he has been following has moved to a price of $17 per share, including all commissions and expenses. The investor wishes to buy 100 shares at that price. He executes an international wire transfer for the equivalent of $1,700 in euros ($2,600 USD) and sends it to his broker/dealer with an order to buy. What action is called for by the broker/dealer? A) This transaction need not be reported. B) The broker/dealer must report wire transfers in excess of $2,500 on FinCEN Form 104. C) Because the wire transfer is received from abroad, the broker/dealer may not accept it. D) The transaction should be reported within 15 days to the Office of Foreign Assets Control (OFAC). Question 3 - #645 The KPF Growth Fund charges no redemption fee. An investor brings 200 shares to your firm for redemption. The next quote on the fund is $9.15 bid, $10.00 ask. If liquidate