최신IFSE Institute Canadian Investment Funds Course - CIFC무료샘플문제

A. Authority granted to a Dealing Representative over a client's account or finances must be documented under a Power of Attorney.

B. Purchasing real property from clients is permitted if there is a written agreement in place and the firm is party to the agreement.

C. Positions of influence are permitted if the terms and conditions of the regulator are met and the activity is approved by the dealer.

D. Borrowing from clients is prohibited, but personal loans to clients may be offered.

A. Karl is a registered dealing representative in Dauphin, Manitoba. 30 of his clients who work for the same company are being relocated to British Columbia. He wants to retain these clients. His mutual fund dealer is registered in British Columbia, but Karl is not.

B. Olaf is a registered dealing representative in Sunnyside, Prince Edward Island. His client Jules is moving to Moncton, New Brunswick. Olaf's mutual fund dealer is not currently registered in New Brunswick but is in the process of applying there.

C. Sigrid's brother-in-law has agreed to be her client. She is a registered dealing representative in Ottawa, Ontario and he lives in Hull, Quebec. Both Sigrid and her mutual fund dealer are currently registered in Quebec.

D. Although her mutual fund dealer is registered in all provinces and territories, Lori is only registered as a dealing representative in Saskatchewan. Last year, three of Lori's clients moved to Alberta and now two more are moving to that province. Lori wants to continue servicing these clients.

A. Activities that do not relate specifically to your employer need not be reported.

B. Gifts and benefits may be provided to a client if your employer is aware of the benefits and has given approval.

C. Only actual conflicts must be reported to your employer. Potential conflicts need not be reported because they have not happened yet.

D. Borrowing money from a client will always be acceptable provided there is a written contract detailing the nature of the agreement.

A. Holding both positions at the same time is a violation of securities industry rules and regulations .

B. Reagan is not required to inform her dealer of this outside activity if none of her colleagues from the charity become clients.

C. The regulator will limit her from providing financial services to anyone associated with the charity.

D. The dealer will closely monitor her sales activities to ensure any clients from the charity are not getting a discount on potential fees.

A. Monitor and Update

B. Identify Strategies and Present the Plan

C. Clarify Client Status, Problems and Opportunities

D. Implement the Plan

A. Dividend funds generate tax-preferred income while income from equity funds is fully taxable.

B. Equity funds hold common shares while dividend funds hold only preferred shares.

C. Dividend funds tend to be less volatile and lower risk than equity funds.

D. Equity funds are more appropriate than dividend funds if Lior requires a steady flow of income.

A. record-keeping of large transactions, account-related information, and other relevant records

B. reporting all financial transactions to the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC)

C. enhancing public awareness of matters related to money laundering and terrorist financing

D. confirming client identity each time before concluding any transaction

A. 7.34%

B. 6.25%

C. 6.21%

D. 6.75%

A. It will have no effect. RRSP contribution room is based on earned income only.

B. It will reduce Suiay's contribution room by 51,800.

C. It will reduce Suiay's contribution room by $1800

D. It will reduce Suiay's contribution room by $3,600.

A. By convincing Orel to contribute to an RRSP, instead of a TFSA, Reginald has put his client's interest first.

B. Based on Orel's stated need, recommending an RRSP contribution is unsuitable.

C. Reginald is putting the client's interest first by informing Orel why he should change his investment strategy.

D. Recommending an investment solution that addresses two needs, is putting Reginald's client's interest first.

A. It provides a snapshot of a company's financial position at a specific point in time

B. It shows the amount of profit that is reinvested in the company in the form of retained earnings.

C. It shows the amount of capital contributed to the company by its shareholders or owners.

D. It shows the earnings and expenses of a business over a period of time.

A. Wilma's tax deductions permit her to reduce her tax payable dollar-for-dollar.

B. Wilma's marginal tax rate may be lowered when tax deductions are applied to her total income.

C. Wilma's top marginal tax rate will be applied to every taxable dollar when her tax return is filed.

D. Wilma's non-refundable tax credits may only reduce her taxable income dollar-for-dollar.

A. fund facts

B. annual information form

C. the prospectus

D. marketing brochure

A. Tax credits will reduce an individual's taxable income and may lower that person's top marginal tax rate.

B. Federal and provincial income tax brackets are both progressive and each respective jurisdiction determines the tax rates that will be used.

C. Once a person's taxable income reaches the next income tax bracket level, all income is subject to be taxed at the higher tax rate.

D. After federal and provincial tax rates have been applied to a person's taxable income, tax deductions are then applied to reduce taxes.