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Interim trustee is a term of art in section 701 of the Bankruptcy Code, Title 11 of the United States Code. When a case under Chapter 7 of the Code is commenced, the United States Trustee immediately appoints an interim trustee for that case. [ 1 ]
There are a total of 140 questions, but an extra 10 questions do not count towards the final grade. Source: [4] The examination is a closed book test. On completion of the examination, the score for each section and the overall test score are immediately available to the candidate. Prior to January 1, 2010, a score of 68.5% was required to pass.
The Series 7 is a three-hour, forty-five-minute exam. [1] It is held in one four-hour session. There are 125 questions on the test. Candidates have to score at least 72% to pass. The SIE Exam and the Series 7 Exam are co-requisite exams. [9] Average study time is between 80 and 150 hours depending on current financial knowledge. [10]
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Pro forma financial information is the focus of AT-C section 310. [29] Compliance or an assertion of compliance regarding laws, regulations, rules, contracts, or grants, is the focus of AT-C section 315. [30] Management's discussion and analysis (MD&A), which are presented in annual reports to shareholders, is the focus of section 395. [31]
The cost of the exam is $40. Individuals are allowed 90 minutes to complete 50 multiple choice questions. The passing score is 70%, and those who fail this exam must wait thirty days before taking it again. In order to be registered with the Series 6, an individual must also pass the Securities Industry Essentials Exam (The SIE Exam).
The Uniform Securities Agent State Law Examination consists of 65 multiple-choice questions. Applicants are allowed 75 minutes to complete the examination. Applicants must attain scores of 72% in order to pass. Credit is only given for correct answers. Of the 65 questions on the exam, 60 will count toward the final score.
It consists of only one section, section 701, titled Expansion Of Regional Information Sharing System To Facilitate Federal-State-Local Law Enforcement Response Related To Terrorist Attacks. It modifies 42 U.S.C. § 3796h : Regional information sharing systems grants , which is part of the Omnibus Crime Control and Safe Streets Act of 1968 .