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CISI IFC - Investment Funds in Canada (IFC) Exam Exam Braindumps

CISI IFC - Investment Funds in Canada (IFC) Exam Exam Braindumps

  • Certification Provider:CISI
  • Exam Code:IFC
  • Exam Name:Investment Funds in Canada (IFC) Exam Exam Exam
  • Total Questions:276 Questions and Answers
  • Product Format: PDF & Test Engine Software Version
  • Support: 24x7 Customer Support on Live Chat and Email
  • Valid For: Worldwide - In All Countries
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  • Guarantee: 100% Exam Passing Assurance with Money back Guarantee.
  • Updates: 90 Days Free Updates Service
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NEW QUESTION: 1
Is the square root of A an integer?
(1) The last digit of A is 8.
(2) A is divisible by 6.
A. Either statement BY ITSELF is sufficient to answer the question.
B. Statements (1) and (2) TAKEN TOGETHER are NOT sufficient to answer the question, requiring more data pertaining to the problem.
C. Statements (1) and (2) TAKEN TOGETHER are sufficient to answer the question, even though NEITHER statement BY ITSELF is sufficient.
D. Statement (2) BY ITSELF is sufficient to answer the question, but statement (1) by itself is not.
E. Statement (1) BY ITSELF is sufficient to answer the question, but statement (2) by itself is not.
Answer: E
Explanation:
Explanation/Reference:
Explanation:
If you square each digit {0, 1, 2,..., 8, 9}, you will see that the possible last digits for a square are 0, 1, 4, 5,
6 and 9. Thus, if the last digit of A is 8, A cannot be a square and the square root of A is not an integer.
Statement (1) by itself is sufficient.
Statement (2) by itself is insufficient since there are numbers that are divisible by 6 and have an integer square root and numbers divisible by 6 that do not have an integer square root. The correct answer is A.

NEW QUESTION: 2
AllTime Investment Advisers advertises that its phones are manned 24/7, so that a client "doesn't have to
lie awake all night worrying about a financial problem." In fact, AllTime does have a answering service that
answers calls in the evenings and on the weekends when its offices are closed. The service informs the
caller of the firm's business hours, which will be the earliest opportunity the caller will have to talk to an
investment adviser representative. Is this a violation of any securities laws?
A. No. It's not a violation of any securities laws, but the firm probably won't retain many clients this way.
B. Yes. The Uniform Securities Act prohibits investment advisers from making deceptive statements in the
solicitation of clients as well as in advising clients.
C. It depends. If, before a client signs a contract with the firm, it is made clear that investment adviser
representatives are not, in fact, available to him 24/7, then AllTime is in the clear.
D. No. The firm's phones are manned 24/7, so it hasn't lied.
Answer: B
Explanation:
Yes. The Uniform Securities Act prohibits investment advisers from making deceptive
statements in the solicitation of its clients, so when AllTime suggests in its advertisements that a client will
be able to talk to someone who can relieve his worries, AllTime has violated the law and is guilty of fraud.

NEW QUESTION: 3





A. Option D
B. Option C
C. Option E
D. Option A
E. Option B
Answer: A,E

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