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SOFQ Practice Exam Questions and Answers

Securities Operations Foundation Qualification (SOFQ)

Last Update 6 days ago
Total Questions : 50

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Question # 1

The calculation of profit and loss for securities includes:

Options:

A.  

Realised (potential) P&Land Unrealised (actual) P&L

B.  

Realised (projected) P&L and Unrealised (authentic) P&L

C.  

Realised (predicted) P&L and Unrealised (likely) P&L

D.  

Realised (actual) P&Land Unrealised (potential) P&L

Discussion 0
Question # 2

A bond which pays interest semi-annually quotes its interest rate:

Options:

A.  

Relative to a period of 6 months

B.  

Relative to a period of 24 months

C.  

Relative to a period of 12 months

D.  

Relative to a period of 3 months

Discussion 0
Question # 3

IPO' stands for:

Options:

A.  

International Private Offering

B.  

Inclusive Pre Offering

C.  

Initial Public Offering

D.  

Integrated Post Offering

Discussion 0
Question # 4

The type of organisation that provides securities underwriting services is known as a

Options:

A.  

Investment bank

B.  

Insurance company

C.  

Commercial bank

D.  

Pension fund

Discussion 0
Question # 5

The two choices for the settlement method utilised within a securities market are:

Options:

A.  

'Account Settlement1 and Tumbling Settlement'

B.  

Tumbling Settlement' and 'Continuing Settlement'

C.  

'Continuing Settlement'and'Account Settlement'

D.  

'Rolling Settlement' and 'Account Settlement’

Discussion 0
Question # 6

A bond which pays no interest during its lifetime sand repays capital on its maturity date is known as:

Options:

A.  

A zero interest bond

B.  

A nil interest bond

C.  

A zero coupon bond

D.  

A zero interest note

Discussion 0
Question # 7

An example of an organisation classified as a sovereign wealth fund is:

Options:

A.  

United Nations

B.  

Xerox Corporation

C.  

German Government

D.  

China Investment Corporation

Discussion 0
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