CSI CSC2 Q&A - in .pdf

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  • Exam Code: CSC2
  • Exam Name: Canadian Securities Course Exam2
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NEW QUESTION: 1
Which of the following costing methods shows the greatest apparent profit in a time of inflation?
A. Standard cost
B. First in, first out
C. Last in, first out
D. Actual cost
Answer: B

NEW QUESTION: 2
When automating a Windows application what type of stage is configured to perform a Global Send Key Events?
A. Notes Stage
B. Write Stage
C. Navigate Stage
Reason: Global send key events and global keys are not passed through the navigate stage.
D. Read Stage
Answer: C

NEW QUESTION: 3
Given the business use case:
'New Trucks' runs a fleet of trucks in a rental business In the U.S. The majority of the trucks are owned; however, in some cases, 'New Truck' may procure other trucks by renting them from third parties to their customers. When trucks are leased, the internal source code is 'L'. When trucks are owned, the internal source code is 'O'. This identifies different accounts used for the Journal entry. Customers sign a contract to initiate the truck rental for a specified duration period. The insurance fee is included in the contract and recognized over the rental period. For maintenance of the trucks, the "New Trucks* company has a subsidiary company
'Fix Trucks' that maintains its own profit and loss entity. To track all revenue, discounts, and maintenance expenses, 'New Trucks' needs to be able to view: total maintenance fee, total outstanding receivables, rental payment discounts, and total accrued and recognized insurance fee income.
What do you do to enable costs flow from 'New Truck' to 'Fix Truck'?
A. Enable intercompany balancing option
B. Enable balancing rules
C. Enable chart of accounts rule
D. Enable legal entity rule
Answer: A

NEW QUESTION: 4
A bank has 20 branch locations that are connected to each other via a fouler at each one. Which of the following network types is MOST likely being used?
A. PAN
B. WMN
C. WAN
D. LAN
Answer: C

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