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Exam Code: CIFC
Exam Name: Canadian Investment Funds Course Exam
Vendor: IFSE Institute

60 Questions & Answers
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NEW QUESTION: 1
Which of the following are the MAIN differences between a lightweight access point and an autonomous access point? (Select THREE).
A. Multiple lightweight access points take less time to manage
B. Autonomous access points can operate independently once configured
C. Autonomous access points support multiple channels
D. Lightweight access points require a central controller after being configured
E. Lightweight access points support fewer users
F. Lightweight access points must be preconfigured
Answer: A,B,D

NEW QUESTION: 2
EMPDET is an external table containing the columns EMPNO and ENAME. Which command would work in relation to the EMPDET table?
A. UPDATE empdet SET ename = 'Amit'
WHERE empno = 1234;
B. DELETE FROM empdet
WHERE ename LIKE 'J%';
C. CREATE INDEX empdet_idx
ON empdet(empno);
D. CREATE VIEW empvu AS SELECT* FROM empdept;
Answer: D

NEW QUESTION: 3
Ranking conflicts occur between the NPV and IRR methods because I NPV profiles have differing slopes.
II IRR assumes reinvestment of intermediate cash flows at the IRR rate. III IRR doesn't take into account cash flows occurring far in the future. IV NPV incorrectly uses the same discount rate for all cash flows.
A. I only
B. II only
C. II, III and IV only
D. All of these are correct
E. I and II only
F. I, II and III only
Answer: E
Explanation:
Explanation/Reference:
Explanation:
Project with differing initial investments and cash flow patterns may have NPV profiles with differing slopes.
The point at which the NPV profiles cross represents the discount rate at which the NPV of both projects is the same. There will be ranking conflicts between NPV and IRR at discount rates below this point. The NPV method implicitly assumes that the rate at which cash flows can be reinvested is the cost of capital, whereas the IRR method assumes that the firm can reinvest at the IRR. IRR does take all cash flows into account, even those far in the future. It is correct to use the same discount rate for all project cash flows, unless you know project risk will change in the future.

NEW QUESTION: 4
DRAG DROP
You are a senior project manager in a software development company. You manage your projects with Project Professional 2013.
The development team is behind schedule due to a problem found in the architectural design of the database. The lead architect estimates that redesigning the database will take approximately 30 hours. You create a new manual task and assign it to the lead architect. However, the task has not been scheduled.
You need to easily see a time phased view of all tasks for the lead architect in order to schedule the task for completion.
Which three actions should you perform in sequence? (To answer, move the appropriate three actions from the list of actions to the answer area and arrange them in the correct order.)

Answer:
Explanation:



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