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FINRA SIE exam
  • Exam Code: SIE
  • Exam Name: Securities Industry Essentials Exam (SIE)
  • Version: V12.35
  • Q & A: 70 Questions and Answers
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NEW QUESTION: 1

A. Option H
B. Option D
C. Option B
D. Option A
E. Option C
F. Option G
G. Option E
H. Option F
Answer: A
Explanation:
Explanation
https://technet.microsoft.com/en-us/library/jj554823(v=wps.630).aspx

NEW QUESTION: 2
Given the following log entry:

Which SAS system option adds the blue highlighted lines to the log?
A. INFO
B. MSGLEVEL=I
C. INVALIDDATA='I'
D. NOTES
Answer: B

NEW QUESTION: 3
Section A (1 Mark)
Which of the following is not an essential element of a trust?
A. A personal obligation
B. A trustee
C. An administrator
D. A beneficiary
Answer: C

NEW QUESTION: 4
"The seller delivers a fixed price plus incentive fee project at a cost of $90,000. The terms of the contract are a ceiling price of $120,000, a target cost of $ 100,000, a target profit of $10,000, and a target price of $110,000. The share ratio is 70/30. The final price (your total reimbursement) is:
A. $93,000
B. $97,000
C. $96,000
D. None of the above
Answer: D
Explanation:
Actual cost is $90,000, it's less than target cost, so he can retain the target profit ($10,000) and also can get 30% incentive from excess profit of $10,000 (= 110,000 90,000 10,000), which is $3,000. Hence, the contractor gets Actual Cost + Target Profit + Incentive = $90,000 + $10,000 + $3,000 = $103,000 and answer is None of the Above (D). Note: this is also less than Ceiling Price ($120,000).

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