CSC2 Practice Questions

A.  

Is the result of a few simple inputs in the KYC process.

B.  

Follows a standardized list of components.

C.  

Only lists prohibited investments, as the portfolio manager has discretionary authority for acceptable investments.

D.  

Includes operating rules and guidelines.

A.  

The annual information form.

B.  

A simplified prospectus.

C.  

A Fund Facts document.

D.  

The annual audited statements.

A.  

Debt-to-net-income.

B.  

Price-to-earnings.

C.  

Return-on-equity.

D.  

Debt-to-equity.

A.  

Buy put option on QLT shares

B.  

Sell QLT shares

C.  

Buy QLT shares

D.  

Sell call option on QLT shares

A.  

Senior housing

B.  

Restaurants

C.  

Industrial rentals

D.  

Shopping centres

A.  

To busy securities in the market on demand to maintain liquidity in a security.

B.  

To maintain constant contact with the investment dealer counterparties.

C.  

To inform the trade about the market conditions and risks.

D.  

To provide pertinent market information to the department heads of various asset classes.

A.  

Distressed debt.

B.  

Leveraged buyout.

C.  

Growth capital.

D.  

Late-stage venture capital.

A.  

Industry standards are presented as specific numbers, while industry ratios are presented as a range.

B.  

Industry standards change each year, while industry ratios remain relatively static.

C.  

Industry standards provide a consistent benchmark over time, while industry ratios change each year.

D.  

Comparing against industry standards provides more fair and thorough analysis results rather than comparing against the average of the industry.

A.  

Index-based ET

F.  

B.  

Mortgage-backed security.

C.  

Asset-backed commercial paper.

D.  

Mutual fund.

A.  

Canadian bank preferred shares.

B.  

Index exchange-trace fund.

C.  

Call option.

D.  

Index-linked guaranteed investment certificate.