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Updated: Nov 12, 2026
Q & A: 542 Questions and Answers
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Reference: https://www.csi.ca/en/learning/courses/ifc/exam-credits
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An analyst is finalizing a report that discusses the effects of survivorship bias. What is survivorship bias?
Correct Answer: B 🗳️
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What is a role of the FATF?
Correct Answer: B 🗳️
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Khuyen is a Dealing Representative for Stark Contrast Investments. Her dealer has relationships with 20 different mutual fund families. This gave her the flexibility to sell two different types of funds from two different fund families to her client, Bao. $5,000 was invested in the Blue Moon Global Balanced fund and an additional $5,000 was invested in the Orange Sun Asset Allocation fund. Khuyen has been reviewing the performance of both funds and has determined that Bao would be better off being fully invested in the Blue Moon Global Balance fund. Bao had previously signed a Limited Authorization Form (LAF) for Khuyen, so she goes ahead and does not worry about consulting with Bao before making the change.
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Sudhir is interested in an investment where he can share corporation profits. Sudhir understands basic market mechanics and is willing to accept volatility; however, he does not consider himself a sophisticated investor.
What type of underlying asset class should Sudhir consider?
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Fernanda, an advisor, is setting up her process for completing client suitability assessments. What must Fernanda do with respect to investment suitability?a
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