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CSC2 Canadian Securities Course Exam 2 is now Stable and With Pass Result | Test Your Knowledge for Free

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CSC2 Practice Questions

Canadian Securities Course Exam 2

Last Update 1 day ago
Total Questions : 232

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Question # 61

What is an example of a KYC requirement?

Options:

A.  

KYC information can be shared between accounts for clients with multiple accounts.

B.  

KYC information is limited to the main accountholder if account is joint.

C.  

KYC information is discretionary when the client is not acting on the advisor’s recommendation.

D.  

KYC information should include the customer’s personal circumstances.

Discussion 0
Question # 62

During which step of the financial planning process should an engagement be formalized with a professional service contract?

Options:

A.  

Implement recommendations.

B.  

Establish the client-advisor relationship.

C.  

Recommend strategies to meet goals.

D.  

Collect data and information.

Discussion 0
Question # 63

The following information is available for REW Co:

What is the price of REW Co. if calculated using the dividend discount model?

Options:

A.  

$13.75.

B.  

$15.71.

C.  

$12.50.

D.  

$14.29.

Discussion 0
Question # 64

Which type of trader specializes in managing block trades on behalf of institution clients?

Options:

A.  

Responsible designated trader.

B.  

Agency trader

C.  

Liability trader

D.  

Market maker

Discussion 0
Question # 65

Companies W, X, Y, and Z ail issue preferred shares and have experienced the following conditions

Over the last five years:

Question # 65

Based on the above, which company is most likely to experience an increase in the market price of its preferred shares?

Options:

A.  

Company W.

B.  

Company Z.

C.  

Company Y.

D.  

Company X.

Discussion 0
Question # 66

When considering management accounts, what is most accurate regarding model-based account management?

Options:

A.  

It is only intended for short-term use.

B.  

It requires solicitation.

C.  

It permits tax loss selling.

D.  

It requires client permission before executing trades.

Discussion 0
Question # 67

What type of risk were mortgage-backed securities designed to address?

Options:

A.  

Liquidity

B.  

Interest rate

C.  

Rollover

D.  

Prepayment

Discussion 0
Question # 68

What is an advantage of a structured product?

Options:

A.  

Complexity.

B.  

Diversification.

C.  

Liquidity.

D.  

Cost structure.

Discussion 0
Question # 69

A company has the following earnings per share figures: Year 1 (base period): $2.12; Year 2: $2.26; Year 3: $2.42; Year 4: $2.56; and Year 5: $2.71. What is the trend ratio at the end of Year 3 for this company?

Options:

A.  

88.

B.  

114.

C.  

242.

D.  

106.

Discussion 0
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