最新なFINRA SIE問題集（166題）、真実試験の問題を全部にカバー！

質問 1：
Which of the following statements describes a characteristic of exchange-traded funds (ETFs)?
A. ETFs are purchased and sold daily at net asset value (NAV).
B. ETF expense ratios are generally lower than those of mutual funds.
C. ETFs are not permitted to be purchased on margin.
D. ETFs are offered with front-end or back-end loads.
正解：B
解説: (Pass4Test メンバーにのみ表示されます)

質問 2：
Which of the following products is redeemable at net asset value (NAV)?
A. Options contracts
B. Municipal bonds
C. Open-end mutual funds
D. Corporate stock
正解：C
解説: (Pass4Test メンバーにのみ表示されます)

質問 3：
An investor wants to purchase additional mutual fund shares with income distributed by the fund. Which of the following fund options permits this?
A. Dividend reinvestment
B. Capital gains reinvestment
C. Asset reallocation
D. Dollar cost averaging
正解：A
解説: (Pass4Test メンバーにのみ表示されます)

質問 4：
An investor who lives on a fixed income and is concerned about inflation is most exposed to which of the following risks?
A. Market risk
B. Interest rate risk
C. Purchasing power risk
D. Economic risk
正解：C
解説: (Pass4Test メンバーにのみ表示されます)

質問 5：
A grandfather establishes a Uniform Transfers to Minors Act (UTMA) custodial account for his grandson and appoints an attorney as custodian. Which of the following individuals owns the account?
A. Grandfather
B. Grandson
C. Grandson's parent
D. Attorney
正解：B
解説: (Pass4Test メンバーにのみ表示されます)

質問 6：
Beta coefficient is a measure of:
A. The volatility of an individual stock relative to the broad stock market.
B. The volatility of the broad stock market.
C. The liquidity of an individual stock relative to the sector average.
D. Only the upside participation of an individual stock.
正解：A
解説: (Pass4Test メンバーにのみ表示されます)

質問 7：
A customer is unhappy about a $5,000 loss in a stock that the registered representative (RR) recommended and threatens to call FINRA's Securities Helpline for Seniors about the matter. What is the most appropriate next step for the RR to take?
A. The RR should notify their supervisor about the customer's dissatisfaction.
B. The RR should call FINRA's Securities Helpline for Seniors before the customer does and explain their side of the story.
C. The RR is permitted to reimburse the customer for the loss to resolve the customer's complaint.
D. The RR should alert their compliance department to update their Form U4 with the complaint details.
正解：A
解説: (Pass4Test メンバーにのみ表示されます)

質問 8：
Which of the following statements best describes an American Depositary Receipt (ADR)?
A. ADRs trade like U.S. issues and are quoted in foreign currency.
B. ADRs trade like U.S. issues and are quoted in U.S. dollars.
C. ADRs represent shares of a foreign security held in foreign commercial banks.
D. ADRs represent shares of a U.S. security held in foreign commercial banks.
正解：B
解説: (Pass4Test メンバーにのみ表示されます)

質問 9：
Which of the following security types is frequently offered to the public as part of a package or unit that also includes a fixed income obligation?
A. Options
B. Preferred stock
C. Common stock
D. Warrants
正解：D
解説: (Pass4Test メンバーにのみ表示されます)