CIFC Latest Test Sample & CIFC Exam Objectives - CIFC Test Practice - Sapsam

  • Exam Code: CIFC
  • Exam Name: Canadian Investment Funds Course Exam
  • Version: V15.35     Q & A: 208 Questions and Answers

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NEW QUESTION: 1
What day of the month does IBM recommend Resellers/VADs pull their renewal data?
A. 17th
B. The last day.
C. 15th
D. 1st
Answer: A
Explanation:
IBM recommend Resellers/VADs pull their renewal data every 17th day.

NEW QUESTION: 2
アラーム定義にトリガーアクションを指定する場合、トリガーに使用できるアラーム状態の変更は2つありますか? (2つ選択してください。)
A. クリティカルから警告まで
B. クリティカルからノーマルへ
C. 通常からクリティカルへ
D. 正常から警告まで
Answer: A,D

NEW QUESTION: 3
The auditor with final responsibility for an engagement and one of the assistants have a difference of
opinion about the results of an auditing procedure. If the assistant believes it is necessary to be
disassociated from the matter's resolution, the CPA firm's procedures should enable the assistant to:
A. Refer the disagreement to the AICPA's Quality Review Committee.
B. Report the disagreement to an impartial peer review monitoring team.
C. Discuss the disagreement with the entity's management or its audit committee.
D. Document the details of the disagreement with the conclusion reached.
Answer: D
Explanation:
Explanation/Reference:
Explanation:
Choice "B" is correct. Each assistant has a professional responsibility to bring to the attention of
appropriate individuals in the firm, disagreements or concerns the assistant might have with respect to
accounting and auditing issues that he or she believes are of significance to the financial statements or
auditor's report. In addition, each assistant should have a right to document his or her disagreement if he
or she believes it is necessary to be disassociated from the resolution of the matter.
Choice "A" is incorrect. Quality control committees are primarily concerned with determining whether
quality control policies and procedures are being effectively applied. Generally, they would not get involved
with disagreements related to specific engagements.
Choice "C" is incorrect. Disagreements among an audit firm's staff would generally be handled internally.
Discussion of such matters with the client would be inappropriate.
Choice "D" is incorrect. Impartial peer review teams are primarily concerned with determining whether
quality control policies and procedures are being effectively applied. Generally, they would not get involved
with disagreements related to specific engagements.

NEW QUESTION: 4
Which two statements are true about the command ip route 172.16.3.0 255.255.255.0 192.168.2.4?
(Choose two.)
A. It configures the router to send any traffic for an unknown destination out the interface with the address
192.168.2.4.
B. It establishes a static route to the 172.16.3.0 network.
C. It uses the default administrative distance.
D. It is a route that would be used last if other routes to the same destination exist.
E. It configures the router to send any traffic for an unknown destination to the 172.16.3.0 network.
F. It establishes a static route to the 192.168.2.0 network.
Answer: B,C

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