Chapter 19

Practice Exam 2

If you’ve just finished Practice Exam 1 and are continuing to Practice Exam 2, please make sure that you've reviewed thoroughly the answers to the first exam and note the areas where you need to do more study. Then give your brain a rest for a while before starting this exam. Just like Practice Exam 1, this practice exam has 125 questions. For those of you who couldn’t wait to take Practice Exam 2 and bypassed Practice Exam I, I review the test basics here.

As in the real Series 7 exam, the questions are in random order. Please read the questions carefully. You can limit your careless mistakes by focusing in on the key words. Zone in on the information you do need to know to answer the question and ignore the information that doesn’t help you. I suggest reading the last sentence twice to make sure you know what the question’s asking. You may use scrap paper and a basic calculator for figuring.

Mark your answers on the answer sheet provided in this chapter or on a separate piece of paper. As you’re taking the exam, circle or highlight the questions that you find troublesome. After taking and grading the exam, look over the questions that you got wrong and the questions that you circled or highlighted. Review the test, retake all the questions that you circled or answered wrong, and make sure that you get them right this time. To simulate the real exam, try to finish this practice exam in three hours or less. Please resist the urge to look at the answers ...

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