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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
One state adds a 7 percent sales tax to the price of most products purchased within its jurisdiction. This tax, therefore, if viewed as tax on income, has the reverse effect of the federal income tax: the lower the income, the higher the annual percentage rate at which the income is taxed.
The conclusion above would be properly drawn if which of the following were assumed as a premise?
A. The amount of money citizens spend on products subject to the state tax tends to be equal across income levels.
B. The federal income tax favors citizens with high incomes, whereas the state sales tax favors citizens with low incomes.
C. Citizens who fail to earn federally taxable income are also exempt from the state sales tax.
D. The lower a state's sales tax, the more it will tend to redistribute income from the more affluent citizens to the rest of society.
E. Citizens with low annual incomes can afford to pay a relatively higher percentage of their incomes in state sales tax, since their federal income tax is relatively low.
Answer: A
Explanation:
Explanation/Reference:
Explanation:

NEW QUESTION: 2
Which two mechanisms does Oracle Access Manger provide for credential collection during
authentication?
A. Security Store Collector (SSC)
B. Credential Security Framework (CSF)
C. Embedded Credential Collector (ECC)
D. Detached Credential Collector (DCC)
E. Security Toke Services (STS)
Answer: A,D,E

NEW QUESTION: 3
次のデータを使用して、スケジュールパフォーマンスインデックス(SPI)とは何ですか?
EV= $500
PV= $750
AC= $1000
BAC= $1200
A. 0.67
B. 1.5
C. 0.5
D. 0.75
Answer: A

NEW QUESTION: 4
What QoS technology allows traffic to pass even though it has exceeded the bandwidth limit but will be queued
later ?
A. Weighted Fair Queuing
B. Low Latency Queuing Correct
C. Shaping
D. Policing
Answer: C

 

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2025 Valid Test CSC1 Test, PDF CSC1 Cram Exam | Valid Canadian Securities Course Exam 1 Mock Test - Cads-Group


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