CSC EXAM 1 WITH ACCURATE
SOLUTIONS
Leading Indicators - Correct Answers-Tend to peak and trough before the overall
economy & help investors anticipate emerging trends in economic activity. Anticipate
change by indicating what businesses and consumers have actually begun to produce
and spend:
- Housing Starts
- Manufacturer's new orders
- Commodity Prices
- Avg hours worked per week
- Stock prices
- The money supply
Current Account - Correct Answers-- Records the exchanges of goods and services
between Canadians and foreigners
- Investment income
- Net Transfers
Capital and Financial Account - Correct Answers-- Records financial flows between
Canadians and foreigners related to investments by foreigners in Canada and
investments by Canadians abroad
- Net Canadian claims
- Canadian direct investment aboard
- Foreign portfolio investments in Canada
SROs in Canada - Correct Answers-IIROC and MFDA
IIROC - Correct Answers-- Investment Industry Regulatory Organization of Canada
- National self-regulatory organization for the Canadian securities industry. It was launch
June 1, 2008 through the consolidation of the Investment Dealers Association and
Market Regulation Services Inc. IIROC can impose penalties on firms who don't meet
their regulations
MFDA - Correct Answers-- Mutual Fund Dealers Association
- National SRO of the mutual fund industry.
- Regulates the operations, standards of practice and business conduct of its members
and their representatives with a mandate to enhance investor protection and strengthen
public confidence in the Canadian mutual fund industry
SOLUTIONS
Leading Indicators - Correct Answers-Tend to peak and trough before the overall
economy & help investors anticipate emerging trends in economic activity. Anticipate
change by indicating what businesses and consumers have actually begun to produce
and spend:
- Housing Starts
- Manufacturer's new orders
- Commodity Prices
- Avg hours worked per week
- Stock prices
- The money supply
Current Account - Correct Answers-- Records the exchanges of goods and services
between Canadians and foreigners
- Investment income
- Net Transfers
Capital and Financial Account - Correct Answers-- Records financial flows between
Canadians and foreigners related to investments by foreigners in Canada and
investments by Canadians abroad
- Net Canadian claims
- Canadian direct investment aboard
- Foreign portfolio investments in Canada
SROs in Canada - Correct Answers-IIROC and MFDA
IIROC - Correct Answers-- Investment Industry Regulatory Organization of Canada
- National self-regulatory organization for the Canadian securities industry. It was launch
June 1, 2008 through the consolidation of the Investment Dealers Association and
Market Regulation Services Inc. IIROC can impose penalties on firms who don't meet
their regulations
MFDA - Correct Answers-- Mutual Fund Dealers Association
- National SRO of the mutual fund industry.
- Regulates the operations, standards of practice and business conduct of its members
and their representatives with a mandate to enhance investor protection and strengthen
public confidence in the Canadian mutual fund industry
