This is a very good resource for Series 7 exam facts!  At http://www.examfacts.com they have an excellent study guide filled with basic exam facts for the Series 7 exam.  The book is also available at Amazon.com

Example Questions from the Exam Facts 86/87 Book:

Define Gordon Growth Model:

use to find intrinsic value; find g= ROE x plowback (which is compliment of payout ratio); P(0)= (D(0)x[1+g])/(k-g)

Define Gross Profit Margin:

Gross Profit (Sales-CoGS) / Sales

Define what higher WACC means what in terms of the company's multiple

generally means a lower multiple; while comparing must find factor most important that is causing the higher WACC: K(e) or K(d)

Define how to tell an acquisition took place

large increase in sales and interest expense

Define If intangibles go down while goodwill goes up (YoY)?

reassessment of premiums paid (over FMV) for an acquisition; was recorded under equity method (20-50%) now recorded under purchase accounting (>50%)