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CSI Updated IFC Exam Questions and Answers by pablo

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CSI IFC Exam Overview :

Exam Name: Investment Funds in Canada (IFC) Exam
Exam Code: IFC Dumps
Vendor: CSI Certification: Canadian Securities Course
Questions: 447 Q&A's Shared By: pablo
Question 108

As per CIRO policy, what is a required step after receiving an emailed client complaint regarding dissatisfaction with a product?

Options:

A.

Acknowledge the complaint in writing

B.

Make contact to collect additional information

C.

Notify senior management

D.

Send a copy of the complaint to CIRO

Discussion
Question 109

Based on the financial planning pyramid, what security would be appropriate for a very aggressive investor?

Options:

A.

Commodities

B.

Tax shelters

C.

Foreign stocks

D.

Over the Counter (OTC) Securities

Discussion
Question 110

Your client has very limited investment knowledge and is confused about what is meant by "marginal tax rate". What do you tell him?

Options:

A.

It is the tax rate applied to the next dollar earned.

B.

It is the tax rate used in calculating taxable capital gains.

C.

It is an amount resulting from dividing your total tax liability by your taxable income for the year.

D.

It is the number used to gross-up Canadian dividend income.

Discussion
Question 111

What can a capital loss be applied against when computing Canadian income taxes?

Options:

A.

Dividend income only

B.

All types of investment income

C.

Capital gains only

D.

All types of income

Discussion
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