Series 63 practice questioneasyFinancial Reporting
Which of the following financial reports may state Administrators require broker-dealers to file?
- ABalance sheets and income statements.✓ Correct answer
- BPersonal tax returns of all agents.
- CClient account statements.
- DProof of insurance on office property.
Explanation
Why A — Balance sheets and income statements.
Administrators may require regular financial reports such as balance sheets and income statements (USA Section 202(d)). The other documents are not required under the USA.
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