Series 7 - General Securities Representative Exam
Preview Mode
Which of the following reduces the debit balance in a long margin account?
Adding to a long position
A
Selling long stock
B
Stock dividends
C
Stock split
D
Explanations
To reduce the debit balance in a long margin account, cash must enter the account. The only answer that provides cash is B - selling long stock
Pricing
Basic
Part of the questions for each course
-
- Course
- Questions
-
- SIE
- 20 of 150
-
- Series 6
- 30 of 500
-
- Series 7
- 50 of 625