Exam Code: CSC2
Exam Name: Canadian Securities Course Exam2
Version: V13.25
Q & A: 72 Questions and Answers
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NEW QUESTION: 1
Which ad hoc report is used with CDP?
A. Career Worksheet
B. Career Development Planning
C. Development Goal
D. Development Plan
Answer: C
NEW QUESTION: 2
A. Option E
B. Option A
C. Option C
D. Option D
E. Option B
Answer: D,E
NEW QUESTION: 3
An agricultural corporation that paid 53% in income tax wanted to build a grain elevator designed to last twenty-five (25) years at a cost of $80,000 with no salvage value. Annual income generated would be $22,500 and annual expenditures were to be $12,000.
Answer the question using a straight line depreciation and a 10% interest rate.
If $100,000 is needed to purchase a piece of equipment 3 years from now, how much money needs to be invested today assuming a 10% rate of return (rounded to the nearest thousand)?
A. $78,000
B. $70,000
C. $75,000
D. $82,000
Answer: C
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