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Free Series 16 – Supervisory Analysts Exam Exam Questions and Answers
Last updated: March 31, 2025
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Series 16 – Supervisory Analysts Exam
#Question
An employee frequently comments on sensitive topics during meetings. What action should you take?
A.
Ignore their remarks
B.
Praise their honesty
C.
Encourage open discussion
D.
Address the behavior in private
Correct Answer:
D
Addressing the behavior in private helps maintain professionalism in meetings while respecting individual perspectives.
#Question
If you identify a potential conflict of interest, what should your first step be?
A.
Ignore it
B.
Report to compliance
C.
Discuss with the involved party
D.
Change your position
Correct Answer:
C
Discussing with the involved party allows for transparency and helps determine the next steps to address the conflict.
#Question
A client requests additional information about their portfolio. How should you respond?
A.
Overcomplicate the information
B.
Delay the response
C.
Provide a detailed report
D.
Ignore their request
Correct Answer:
C
Providing a detailed report builds trust and ensures the client is well-informed about their investments.
#Question
If employees are not adhering to the code of conduct, what is your best course of action?
A.
Increase penalties
B.
Clarify expectations
C.
Ignore their behavior
D.
Separate teams
Correct Answer:
B
Clarifying expectations reinforces the importance of the code of conduct and helps foster compliance.
#Question
A fair market assessment reveals potential legal issues affecting your clients. What should you prioritize?
A.
Prepare for potential backlash
B.
Notify compliance
C.
Ignore the issues
D.
Communicate with clients
Correct Answer:
B
Notifying compliance helps address potential legal issues proactively and ensures that all necessary steps are taken.
#Question
A critical error in the financial model was just discovered. What action should you take first?
A.
Inform clients directly
B.
Choose to ignore it
C.
Analyze the impact
D.
Correct the error immediately
Correct Answer:
C
Analyzing the impact helps identify repercussions before communicating to stakeholders and addressing corrections.
#Question
If a trader faces backlash due to a failed strategy, how should you support them?
A.
Reassign their tasks
B.
Offer constructive feedback
C.
Criticize their approach
D.
Ignore the situation
Correct Answer:
B
Offering constructive feedback allows the trader to learn from their mistakes and develop their skills.
Series 16 – Supervisory Analysts Exam
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