SIE KAPLAN UNIT 1 COMPLETE LATEST EXAM
FOR 2026- ACTUAL QUESTIONS WITH 100%
CERTIFIED, E, Exams of Nursing
What is a Security? - ANSWER-An Intangible Financial Asset that may be
- Bought
- Sold
- Gifted
* May be represented by a paper cert. or electronic record
Things that are not Securities? - ANSWER-Deposits, condos as personal residences, commodities or
futures contracts
Things that are Securities? - ANSWER-- Stocks and other Equity Securities
- Bonds and other Debt Securities
- Mutual Funds
- Limited Partnerships
- Options
- Municipal backed Securities
Basic Types of Securities - ANSWER-- Stock/Equity (Will be interchangeable on exam)
- Bonds/Debt (Will be interchangeable on exam)
- Common Stocks (Of the Equity series)
What is one unit of a Stock called? - ANSWER-A share
Small-Cap Stock - ANSWER-Large enough to be listed on National Exchanges
Market cap from $250Mil - $2Bil
Mid-Cap Stock - ANSWER-A stock with market capitalization over $2 billion and less than $10 billion
Shares characteristics with Small & Large-Cap Stocks
Large-Cap Stocks - ANSWER-Stocks from companies with a market capitalization of more than $10
billion.
Penny stocks are - ANSWER-unlisted, trading below $5 per share.
Things to be disclosed if you buy a Penny Stock - ANSWER-- Number of shares to be purchased
- Current Price
- Amount of commission BD receives
- Must receive monthly statements
*Established customers are exempt from suitability reqs, but not disclosure reqs*
1
FOR 2026- ACTUAL QUESTIONS WITH 100%
CERTIFIED, E, Exams of Nursing
What is a Security? - ANSWER-An Intangible Financial Asset that may be
- Bought
- Sold
- Gifted
* May be represented by a paper cert. or electronic record
Things that are not Securities? - ANSWER-Deposits, condos as personal residences, commodities or
futures contracts
Things that are Securities? - ANSWER-- Stocks and other Equity Securities
- Bonds and other Debt Securities
- Mutual Funds
- Limited Partnerships
- Options
- Municipal backed Securities
Basic Types of Securities - ANSWER-- Stock/Equity (Will be interchangeable on exam)
- Bonds/Debt (Will be interchangeable on exam)
- Common Stocks (Of the Equity series)
What is one unit of a Stock called? - ANSWER-A share
Small-Cap Stock - ANSWER-Large enough to be listed on National Exchanges
Market cap from $250Mil - $2Bil
Mid-Cap Stock - ANSWER-A stock with market capitalization over $2 billion and less than $10 billion
Shares characteristics with Small & Large-Cap Stocks
Large-Cap Stocks - ANSWER-Stocks from companies with a market capitalization of more than $10
billion.
Penny stocks are - ANSWER-unlisted, trading below $5 per share.
Things to be disclosed if you buy a Penny Stock - ANSWER-- Number of shares to be purchased
- Current Price
- Amount of commission BD receives
- Must receive monthly statements
*Established customers are exempt from suitability reqs, but not disclosure reqs*
1
