Series 28: Suspense Account

Taken from our Series 28 - Introducing Broker-Dealer Financial and Operations Principal Qualification Examination

Definition of the term Suspense Account...

broker-dealer records of money charges (or credits) and receipts (or deliveries) of securities whose ultimate disposition is pending determination and is thus deemed to be "suspended."

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Nikita Brown, BMI. Atlanta, GA

I took this Series 28 today and passed on my first try! I think the practice exams helped a ton, though in general, I would say the actual test seemed (at least to me), more difficult than the practice exams. Either way, couldn't have done it without the Solomon Exam Prep.

Gayle Espinosa. Los Angeles, CA

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