Free CSI CSC2 Practice Test & Real Exam Questions

Exam Code/Number: CSC2
Exam Name/Title: Canadian Securities Course Exam2
Certification Provider: CSI
Corresponding Certification: Canadian Securities Course

Exam Questions: 234
Updated On: Oct 12, 2026

Question #21

How is the ex-port real rate of return calculated?

A. The ex-ante nominal rate of return minus the annual inflation rate.

B. The ex-post nominal rate of return minus the annual inflation rate.

C. The ex-post nominal rate of return minus the risk-free rate.

D. The ex-ante nominal rate of return adjusted by portfolio beta.

Discussion 0

Correct Answer: B Vote an answer

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Question #22

A shareholder receives rights from a company through direct ownership in shares. Not expecting to exercise them, she sells the rights on the relevant exchange. What is her capital gain?

A. The sale price less the exercise price of the rights.

B. The current share price less the exercise price of the rights.

C. The current price of the shares less the sale price of the rights.

D. The sale price of the rights.

Discussion 0

Correct Answer: D Vote an answer

Question #23

What is one advantage of fund of hedge funds (FoHFs) as compared to single hedge funds?

A. FoHFs offer more diversification for the same amount of investment.

B. FoHFs entail lower costs and operating fees.

C. FoHFs employ more leverage to enhance the return potential.

D. FoHFs yield stronger returns than a single hedge fund.

Discussion 0

Correct Answer: A Vote an answer

Question #24

An investment analyst at a bank is reviewing the high, low and closing prices of a financial services stock.
What type of analysis is this analyst conducting?

A. Cycle analysis

B. Moving average analysis

C. Quantitative analysis

D. Chart analysis

Discussion 0

Correct Answer: D Vote an answer

Question #25

Where would the description d a company ' s fixed assets normally be found?

A. In the auditor report

B. In the annual report

C. In the statement of financial position.

D. In the notes to the financial statements

Discussion 0

Correct Answer: D Vote an answer

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Question #26

What must happen for a redemption to be processed from a mutual fund?

A. Mutual funds representatives must submit the order within two business days of when the order is received from the client.

B. The offering price of the mutual fund must be calculated.

C. Payment for redeemed securities must be within two business days after the NAVPS is determined.

D. The client redeeming the mutual fund must receive a Fund facts document.

Discussion 0

Correct Answer: C Vote an answer

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Question #27

What is typically discussed during the establishment of the client-advisor relationship step?

A. By what means does the client prefer to communicate with the advisor.

B. The client ' s investment goals.

C. The current financial and personal status.

D. What services will the advisor provide.

Discussion 0

Correct Answer: D Vote an answer

Question #28

Which individual is most likely to have income as an investment objective?

A. Naveed, who plans to use his investments to buy a house in five years.

B. Andrew, who is retired and needs to supplement his retirement pension.

C. Elaine, who is contributing to an RRSP with a plan to use the funds for the Lifelong Learning Plan in seven years.

D. Hira, who is investing in her RRSP in anticipation of retirement in 15 years.

Discussion 0

Correct Answer: B Vote an answer

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Question #29

What is name of the procedure used to calculate the income deemed to have been earned by segregated fund contract holders?

A. Payout.

B. Distribution.

C. Redemption.

D. Allocation.

Discussion 0

Correct Answer: D Vote an answer

Question #30

The price of FMA common stock is set to break through its 200-day moving average line from below on heavy volume. How might a technical analyst interpret this information?

A. A buy signal as FMA ' s price is set to rise.

B. The declining price trend will continue.

C. A sell signal as FMA ' s price is set to fall.

D. The upward price trend is reversing.

Discussion 0

Correct Answer: A Vote an answer

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