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
To configure 'Benefits & Taxes", which dimension should new members be imported into?
A. Component
B. Pay Type
C. Property
D. Account
Answer: A
Explanation:
Explanation/Reference:
Imported Benefits, Taxes, and Additional Earnings using Components on the Workforce Configure page.
References: Oracle Cloud, Administering Planning for Oracle Enterprise Planning and Budgeting Cloud, page 6-13
NEW QUESTION: 2
Which are two main challenges of securing web and e -mail? (Choose two.)
A. Protecting against data centers
B. 90% of cyber criminals use DNS in attacks
C. Cyber Crime is a growing industry
D. Securing could apps
Answer: B,C
NEW QUESTION: 3
Monserrat Troy is a portfolio analyst at Merryl Flynch Inc., a leading investment bank. Merryl's corporate policy prohibits its employees from trading in IPOs even if they are not being underwritten by Merryl.
Recently, a fast-growing internet firm, Netblaze, announced that it was going public. Monserrat's friend, Victor, told her that he could get her bid in for a few shares of the IPO. The size of the deal was very small, amounting to less than a couple of thousand dollars. Monserrat went ahead and bought the shares but did not think it was necessary to inform her supervisor about it. She:
A. violated Standard II (B) - Professional Misconduct - by violating company policy.
B. did not violate the AIMR code of conduct even though she violated the company policy since the size of her transaction was extremely small.
C. violated Standard III (B) - Duty to Employer - by violating company policy.
D. violated Standard III (C) - Disclosure of Conflicts to Employer - by violating company policy.
Answer: D
Explanation:
Explanation/Reference:
Explanation:
Merryl's policy is designed to prevent any conflicts or even appearances of conflicts of interest when its employees trade in capital markets. If Monserrat wants to trade in a particular IPO, she needs to obtain special permission from Merryl's Compliance department (and such permission may or may not be granted by Compliance). Without such an exception, Monserrat's behavior is a violation of Standard III(C) - Disclosure of Conflicts to Employer. Note that Standards II (B) and III (B) do not apply to this situation.
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