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Reference: https://www.csi.ca/en/learning/courses/csc
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CSI Canadian Securities Course Exam2 Sample Questions:
Which funds have a similar objective to those of balanced funds?
- A. Asset allocation funds
- B. Target-date funds
- C. Fixed-income funds
- D. Dividend funds
Correct Answer: A 🗳️
Which type of market participant is generally regulated as an alternative trading system?
- A. Venture exchange
- B. Dark pool
- C. Over-the-counter bulletin board.
- D. Pink sheets
Correct Answer: B 🗳️
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What is the requirement regarding the discretionary authority in managed accounts?
- A. The discretionary authority must specify the client's investment objectives in the trading authorization.
- B. The IA must use a model portfolio due to the short-term nature of these types of accounts.
- C. The IA can implement the transaction upon approval from the client, or by any person on a client's behalf.
- D. The discretionary authority must be given by the client in writing and accepted by the IA verbally.
Correct Answer: A 🗳️
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Which will taxed at the taxpayer' marginal tax rate?
- A. Dividends from foreign corporations.
- B. Foreign property valued under $100,000
- C. Domestic property valued over $100,00.
- D. Dividends not eligible for the divided tax credit.
Correct Answer: A 🗳️
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The consumer price index was 125.9 in December of last year and 123.0 in December of the year before What was the inflation rate last year?
- A. 1.02%
- B. 0.98%
- C. 2.36%
- D. 2.30%
Correct Answer: C 🗳️
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