ICMA Securities Operations Foundation Qualification (SOFQ) Exam Practice Test

Page:    1 / 14   
Total 50 questions

Question 1

Where Firm A has borrowed a fixed cash amount on a secured basis from Firm B, an increase in the collateral value means that:



Answer : D

Question 2

Bond types that are traded at a deeply discounted price are:



Answer : B

Question 3

From the perspective of one party to a securities trade, Free of Payment settlement without risk means:



Answer : D

Question 4

The type of organisation that specializes in deposit-taking and cash loans is known as a:



Answer : B

Question 5

The integrity of internal books & records for securities is proven by ensuring:



Answer : C

Page:    1 / 14   
Total 50 questions