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CSI CSC2 Exam Syllabus Topics:
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Reference: https://www.csi.ca/en/learning/courses/csc
CSI Canadian Securities Course Exam2 Sample Questions:
When considering management accounts, what is most accurate regarding model-based account management?
- A. It is only intended for short-term use.
- B. It permits tax loss selling.
- C. It requires client permission before executing trades.
- D. It requires solicitation.
Correct Answer: C 🗳️
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What investment option is classified as a fixed-income asset?
- A. Preferred share.
- B. Real estate investment trust security.
- C. Hedge fund.
- D. Rental property.
Correct Answer: A 🗳️
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What is a disadvantage of fee-based accounts when compared to commission-based accounts?
- A. There may be a limit to the number of trades permitted.
- B. The advisor may be unable to provide a broad range of services to clients.
- C. The advisor may be more inclined to do more frequent trading.
- D. There is a more restricted selection of investment opportunities.
Correct Answer: A 🗳️
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What action must an investment advisor take when submitting a trade ticket for a short sale?
- A. Verify the client can borrow the shares.
- B. Mark the sell-order ticket as a short sate
- C. Mark it as a margin order
- D. Obtain minimum margin amount from client
Correct Answer: B 🗳️
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What bond should an advisor recommend to someone who wants to hold bonds and maximize potential cap- tai gams when interest rates are expected to fall?
- A. A short-term bond with a high coupon.
- B. A long-term bond with a high coupon.
- C. A short-term bond with a low coupon.
- D. A long-term bond with a low coupon.
Correct Answer: D 🗳️
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