Series 79 Practice Exam.
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1. Two colleagues register for the Series 79 exam and their employer covers both fees. What is the combined registration cost for the two candidates?
- A. $395
- B. $590
- C. $790
- D. $990
Show answer & explanation
Answer: C
Each Series 79 registration costs $395, so two registrations total 2 × $395 = $790.2. A candidate is budgeting for the Series 79 examination. According to the exam's published fee, how much does it cost to register for the exam?
- A. $250
- B. $395
- C. $175
- D. $500
Show answer & explanation
Answer: B
The published registration cost for the Series 79 examination is $395.3. How much time is allotted to complete the Series 79 examination?
- A. 120 minutes
- B. 180 minutes
- C. 150 minutes
- D. 210 minutes
Show answer & explanation
Answer: C
The Series 79 examination allots 150 minutes (2 hours and 30 minutes) for completion.4. A candidate has 150 minutes to answer 75 scored questions on the Series 79. On average, approximately how much time may be spent per scored question if the time is divided evenly?
- A. Approximately 1 minute per question
- B. Approximately 2 minutes per question
- C. Approximately 3 minutes per question
- D. Approximately 4 minutes per question
Show answer & explanation
Answer: B
Dividing the 150-minute duration by the 75 scored questions yields an average of 2 minutes per question. This is a calculation over the stated duration and question count.5. A firm is reimbursing a new hire for the Series 79 registration fee and asks the associate to confirm the exact amount to be reimbursed. Which figure should the associate report?
- A. $395
- B. $295
- C. $450
- D. $395 plus a separate scheduling surcharge
Show answer & explanation
Answer: A
The Series 79 registration cost is $395; no additional surcharge is stated, so the amount to report is $395.6. A registered representative is reviewing why firms treat prohibited activities (such as unauthorized trading in a customer account) as serious conduct matters. Which of the following best describes the general rationale, reasoned from principles rather than a specific rule citation?
- A. Prohibited activities are penalized only when the customer complains in writing first.
- B. Conduct that undermines customer trust and market integrity is restricted to protect investors and the fairness of the market.
- C. Prohibited activities are acceptable if the representative later reimburses any losses.
- D. Firms disregard prohibited activities as long as trades are ultimately profitable for the customer.
Show answer & explanation
Answer: B
The most defensible statement is that restrictions on prohibited conduct exist to protect investors and preserve market fairness. This is a conceptual inference and cites no specific numeric rule. The other options describe conditions or exceptions that would undermine investor protection and are not supportable.7. When opening a new customer account, why is accurate and complete customer information generally important? Answer using conceptual reasoning only.
- A. Because complete account information supports appropriate handling of the account and reduces the risk of unsuitable or improper activity.
- B. Because incomplete information automatically raises the exam passing score.
- C. Because customer information is only used to calculate the firm's registration fees.
- D. Because accounts with missing information are exempt from all conduct standards.
Show answer & explanation
Answer: A
Complete and accurate customer information supports proper handling of the account and helps avoid unsuitable or improper activity. This is a conceptual inference with no ungrounded numeric claim. The other choices are non-sequiturs or contradict investor-protection principles.8. Two candidates compare scores. One scored just below the required threshold and one scored just above it. Using only the stated passing score, which statement is correct?
- A. A result of 73 or higher meets the passing threshold, while a result below 73 does not.
- B. Both candidates pass because the threshold is only a recommendation.
- C. Only a perfect score of 100 is a pass.
- D. The threshold changes depending on how many questions were experimental.
Show answer & explanation
Answer: A
The passing score is 73, so a result of 73 or higher passes and a result below 73 does not. This inference relies only on the stated threshold. The other options contradict or invent conditions around the score.9. A candidate is budgeting for the Series 79 exam and needs to know the enrollment fee. According to the exam's official cost, how much is the fee?
- A. $195
- B. $305
- C. $395
- D. $495
Show answer & explanation
Answer: C
The official cost of the Series 79 exam is $395.10. What is the minimum passing score required on the Series 79 exam?
- A. 70 percent
- B. 72 percent
- C. 73 percent
- D. 75 percent
Show answer & explanation
Answer: C
The passing score for the Series 79 exam is 73 percent.11. The Series 79 exam has 75 scored questions and requires a passing score of 73 percent. Approximately how many questions must a candidate answer correctly to pass?
- A. About 47 questions
- B. About 51 questions
- C. About 55 questions
- D. About 60 questions
Show answer & explanation
Answer: C
With 75 scored questions and a 73 percent passing threshold, a candidate needs roughly 0.73 × 75 ≈ 54.75, or about 55 correct answers, to pass.12. Which of the following correctly pairs the Series 79 exam's question count with its time limit?
- A. 75 questions in 120 minutes
- B. 75 questions in 150 minutes
- C. 100 questions in 150 minutes
- D. 65 questions in 180 minutes
Show answer & explanation
Answer: B
The Series 79 exam consists of 75 scored questions administered over a 150-minute period.13. A candidate answered enough items correctly to reach exactly the minimum required scaled result. What passing score must a candidate achieve on this exam?
- A. 70
- B. 72
- C. 73
- D. 75
Show answer & explanation
Answer: C
The passing score for the exam is 73. The other values are close distractors but are not the stated threshold.14. A test-taker wants to know how many scored questions determine whether they pass the exam. How many scored questions does the exam contain?
- A. 50 questions
- B. 60 questions
- C. 75 questions
- D. 100 questions
Show answer & explanation
Answer: C
The exam contains 75 scored questions. The other counts are not supported by the source.15. A candidate is budgeting time for the Series 79 exam. How many scored questions must they be prepared to answer?
- A. 50 scored questions
- B. 75 scored questions
- C. 100 scored questions
- D. 125 scored questions
Show answer & explanation
Answer: B
The Series 79 exam consists of 75 scored questions. Knowing the exact count helps a candidate pace themselves across the allotted time.16. An exam administrator confirms the total time window for a candidate sitting the Series 79. What is the permitted duration?
- A. 90 minutes
- B. 120 minutes
- C. 150 minutes
- D. 180 minutes
Show answer & explanation
Answer: C
The Series 79 exam allots 150 minutes (2 hours and 30 minutes) for completion.17. To pass the Series 79 exam, a candidate must achieve at least what score?
- A. 65 percent
- B. 70 percent
- C. 73 percent
- D. 80 percent
Show answer & explanation
Answer: C
The passing score for the Series 79 exam is 73 percent. Scoring below this threshold results in a failing result.18. A firm is reimbursing an associate for the enrollment cost of the Series 79 exam. What fee should the firm expect to pay?
- A. $195
- B. $295
- C. $395
- D. $495
Show answer & explanation
Answer: C
The Series 79 exam fee is $395.19. A candidate finishes the Series 79 exam in 120 minutes. Relative to the maximum permitted time, how much time did they have remaining?
- A. 10 minutes remaining
- B. 30 minutes remaining
- C. 60 minutes remaining
- D. No time remaining
Show answer & explanation
Answer: B
The Series 79 exam permits 150 minutes. A candidate finishing in 120 minutes has 150 − 120 = 30 minutes remaining.20. A candidate scored 70 percent on a Series 79 practice attempt. Relative to the official passing threshold, what is the result?
- A. A passing score, because it exceeds the required minimum
- B. A failing score, because it falls below the 73 percent requirement
- C. A passing score, because 70 percent is the standard cutoff
- D. An incomplete result that cannot be evaluated
Show answer & explanation
Answer: B
The passing score is 73 percent, so a score of 70 percent falls short of the minimum and is a failing result.21. Two colleagues each register for the Series 79 exam. What is the combined total of their enrollment fees?
- A. $395
- B. $590
- C. $790
- D. $990
Show answer & explanation
Answer: C
Each Series 79 registration costs $395, so two registrations total $395 × 2 = $790.22. The Series 79 exam's time limit is often expressed as 'two hours and thirty minutes.' Expressed purely in minutes, what is that time limit?
- A. 130 minutes
- B. 145 minutes
- C. 150 minutes
- D. 230 minutes
Show answer & explanation
Answer: C
Two hours and thirty minutes equals 120 + 30 = 150 minutes, the official time limit for the Series 79 exam.23. A candidate has 150 minutes to answer 75 scored questions on the Series 79 exam. On average, approximately how much time may they spend per question without exceeding the time limit?
- A. About 1 minute per question
- B. About 2 minutes per question
- C. About 3 minutes per question
- D. About 4 minutes per question
Show answer & explanation
Answer: B
Dividing the 150-minute time window by 75 scored questions yields an average of 2 minutes per question, a useful pacing benchmark.24. With a 73 percent passing threshold on a 75-question scored section, roughly how many questions must a candidate answer correctly to pass?
- A. About 47 questions
- B. About 55 questions
- C. About 63 questions
- D. About 70 questions
Show answer & explanation
Answer: B
Applying the 73 percent passing score to 75 scored questions (0.73 × 75 ≈ 54.75) means a candidate must answer approximately 55 questions correctly.25. On the Series 79, a candidate answers 55 of the 75 scored questions correctly. Given the passing threshold, does this result pass the exam?
- A. Yes, because 55 correct exceeds the 73 percent threshold
- B. No, because 55 of 75 is about 73.3 percent, which meets the 73 percent threshold and therefore passes
- C. No, because 55 of 75 is below 73 percent
- D. Yes, because any score above 50 percent passes
Show answer & explanation
Answer: B
55 of 75 is approximately 73.3 percent. Because the passing score is 73 percent, a result of about 73.3 percent meets or exceeds the threshold and therefore passes. This reasons over the stated question count and passing score.26. Which of the following correctly pairs the Series 79 exam duration with its number of scored questions?
- A. 150 minutes and 75 scored questions
- B. 120 minutes and 75 scored questions
- C. 150 minutes and 100 scored questions
- D. 180 minutes and 75 scored questions
Show answer & explanation
Answer: A
The Series 79 examination is 150 minutes long and contains 75 scored questions.27. A candidate answered 52 of the 75 scored questions correctly on the Series 79 exam. Given the passing threshold, what is the outcome?
- A. Pass — 52 correct exceeds the required percentage
- B. Fail — 52 correct is below the required percentage
- C. Pass — any score above half is passing
- D. The result cannot be determined from the information given
Show answer & explanation
Answer: B
A score of 52 correct out of 75 is about 69 percent, which is below the 73 percent passing score, so the candidate fails.28. A study planner wants to allocate the full Series 79 time window into equal thirds for a three-pass strategy. How long is each third?
- A. 30 minutes
- B. 40 minutes
- C. 50 minutes
- D. 75 minutes
Show answer & explanation
Answer: C
The Series 79 exam allots 150 minutes. Divided into three equal parts, each pass receives 150 ÷ 3 = 50 minutes.29. An associate preparing for the Series 79 wants to know how many scored questions the examination contains. What is the correct number?
- A. 50 scored questions
- B. 100 scored questions
- C. 75 scored questions
- D. 125 scored questions
Show answer & explanation
Answer: C
The Series 79 examination consists of 75 scored questions.30. A study group is confirming the score they must achieve to pass the Series 79. What is the passing score?
- A. 70 percent
- B. 73 percent
- C. 75 percent
- D. 80 percent
Show answer & explanation
Answer: B
The passing score for the Series 79 examination is 73 percent.31. A candidate scores exactly 73 percent on the Series 79. Based on the stated passing score, what is the outcome?
- A. The candidate fails because 73 percent is below the required score
- B. The candidate passes because the passing score is 73 percent
- C. The outcome cannot be determined from the passing score
- D. The candidate must retake because a tie defaults to a fail
Show answer & explanation
Answer: B
The passing score is 73 percent, so a score of exactly 73 percent meets the requirement and the candidate passes. This is reasoning over the stated passing score.32. Two colleagues each register for and sit the Series 79 examination. Based on the stated registration fee, what is the combined cost of both registrations?
- A. $395
- B. $690
- C. $790
- D. $890
Show answer & explanation
Answer: C
Each Series 79 registration costs $395, so two registrations total $790 ($395 × 2). This is a calculation over the stated fee.33. A candidate is budgeting for the qualifying examination that covers investment banking representative functions, including trading, customer accounts, and prohibited activities. What is the registration fee for this exam?
- A. $305
- B. $395
- C. $495
- D. $245
Show answer & explanation
Answer: B
The stated fee for the exam is $395. The other amounts are distractors not supported by the source material.34. During the exam session, a candidate must complete every scored item within the allotted testing window. How much time is provided to complete the exam?
- A. 120 minutes
- B. 180 minutes
- C. 150 minutes
- D. 210 minutes
Show answer & explanation
Answer: C
The exam allows 150 minutes (2 hours and 30 minutes) of testing time. The remaining options are not supported.35. A candidate has 150 minutes to answer 75 scored questions. If the candidate wants to leave time to review flagged items, which statement about average pacing is most defensible using only the stated exam parameters?
- A. The candidate must average less than one minute per scored question to finish, with no time to spare.
- B. On average the candidate has about two minutes per scored question if the entire window is divided evenly among them.
- C. The candidate is guaranteed extra time because the exam is untimed after the first hour.
- D. The candidate has more than three minutes per scored question on average.
Show answer & explanation
Answer: B
Dividing the 150-minute window evenly across 75 scored questions yields an average of about two minutes each. This is an inference over the stated duration and question count; it introduces no ungrounded number beyond arithmetic on the two given facts. The other choices misstate the pacing or invent an untimed segment.36. A candidate who fails the exam wants to understand the relationship between the fee and re-taking the test. Based only on the stated fee, which conclusion is most defensible?
- A. Each separate attempt to sit the exam would involve the stated $395 fee, since the fee is per exam registration.
- B. Retaking the exam is always free after the first attempt.
- C. The fee is reduced to $195 for any second attempt.
- D. The fee is waived for candidates who scored above 70 but below the passing threshold.
Show answer & explanation
Answer: A
The only grounded figure is the $395 fee, stated as the cost of the exam. Reasoning that each registration involves that fee is a defensible inference; the discounted or waived-fee options introduce numbers and exceptions not present in the source.37. A supervisor is explaining, in general terms, why unauthorized transactions in a customer account are treated as a prohibited activity. Which explanation is most consistent with investor-protection principles and free of any specific rule number?
- A. Executing transactions without the customer's authority disregards the customer's control over their own account and is therefore treated as improper conduct.
- B. Unauthorized transactions are acceptable as long as they occur before the market closes.
- C. Unauthorized transactions are permitted whenever the representative believes them to be in the customer's interest.
- D. Unauthorized transactions are only a concern if they exceed a fixed dollar threshold.
Show answer & explanation
Answer: A
Executing trades without the customer's authority disregards the customer's control over the account and is treated as improper conduct — a conceptual inference with no ungrounded numeric claim. The other options carve out exceptions or introduce a fixed threshold that the source material does not support.38. How many scored questions appear on the Series 79 examination?
- A. 50 scored questions
- B. 65 scored questions
- C. 75 scored questions
- D. 100 scored questions
Show answer & explanation
Answer: C
The Series 79 exam consists of 75 scored questions.39. A test-taker has been allotted the standard amount of time for the Series 79 exam. How many minutes are provided to complete it?
- A. 120 minutes
- B. 135 minutes
- C. 150 minutes
- D. 180 minutes
Show answer & explanation
Answer: C
Candidates are given 150 minutes (2 hours and 30 minutes) to complete the Series 79 exam.40. A candidate has 150 minutes to answer 75 scored questions on the Series 79 exam. On average, about how much time may be spent per question?
- A. About 1 minute per question
- B. About 2 minutes per question
- C. About 3 minutes per question
- D. About 4 minutes per question
Show answer & explanation
Answer: B
Dividing 150 minutes by 75 questions gives 2 minutes per question on average.