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  • Exam Number/Code : CSC1
  • Exam Name : Canadian Securities Course Exam 1
  • Questions and Answers : 260 Q&As
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NEW QUESTION: 1
HOTSPOT
You install Microsoft Project Server 2013.
You need to provision a Project web app instance in an existing web app in a SharePoint farm.
In Central Administration, which task should you perform? (To answer, select the appropriate task in the answer area.)

Answer:
Explanation:

Note:
You can provision a Service Application Framework service application in the following ways:
Using Evaluation Mode for installations
Using the Farm Configuration Wizard
--> Using the Manage Service Applications user interface (UI)
Using Windows PowerShell
Reference: SharePoint 2013, Provisioning Service Applications

NEW QUESTION: 2
Which of the following both provide credit enhancement to a true-sale securitization?
A. subordinated tranches and creditworthiness of the originator
B. reserve account and interest rate hedging
C. reserve account and third-party insurance
D. creditworthiness of the originator and third-party insurance
Answer: C

NEW QUESTION: 3
How do you ensure that products can't be removed from an opportunity after it reaches a certain stage?
Choose 2 answers:
A. Enable audit trail
B. Update record type & page layout to remove ability to add product
C. Validation rule to ensure rollup summary field on opportunity doesn't change
D. Validation rule on opportunity product
Answer: C,D

NEW QUESTION: 4
The failure to record an accrued expense at year-end will result in which of the following overstatement errors in the financial statements prepared at that date?

A. Option D
B. Option B
C. Option C
D. Option A
Answer: A
Explanation:
An accrued expense is an expense that has been incurred but not paid. The appropriate
adjusting entry to record an accrued expense will increase an expense account and increase a liability account. The failure to record an accrued expense will result in an understatement of expenses leading to an overstatement of profit. The failure to record the increase in a liability account will result in an understatement of current liabilities leading to an overstatement of working capital. There will be no effect on cash.

 

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CSI Reliable CSC1 Test Syllabus & CSC1 Guaranteed Success - Test CSC1 Discount Voucher - Cads-Group


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