CSI Canadian Securities Course Exam 1 : CSC1

Pass CSC1 Exam Cram

Exam Code: CSC1

Exam Name: Canadian Securities Course Exam 1

Updated: Sep 30, 2026

Q & A: 100 Questions and Answers

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CSI CSC1 Exam Syllabus Topics:
SectionObjectives
Topic 1: Equity Securities- Common and preferred shares
  • 1. Equity valuation fundamentals
    • 2. Market indices and trading basics
      Topic 2: Fixed Income Securities- Debt instruments
      • 1. Interest rates and bond pricing basics
        • 2. Bonds and debentures characteristics
          Topic 3: Canadian Financial Markets and Economic Environment- Economic fundamentals
          • 1. Monetary policy and fiscal policy basics
            • 2. Macroeconomic indicators and cycles
              - Structure of capital markets and financial system
              • 1. Money markets and capital markets overview
                • 2. Primary and secondary markets functions
                  CSI Canadian Securities Course Exam 1 Sample Questions:
                  Question #1

                  Whatis typically a key tax attribute of dividends?

                  • A. Stock dividends are treated differently than regular cash dividends for tax purposes.
                  • B. Reinvested dividends arenon-taxable to the shareholders.
                  • C. Dividends from preferred shares are ineligible tot dividend tax credit.
                  • D. Dividend income istaxed more preferentiallythan interest income.
                  Reveal Solution  Discussion  0

                  Correct Answer: D  🗳️

                  Explanation: Only visible for Pass4cram members. You can sign-up / login (it's free).

                  Question #2

                  What action must an investment advisor take when submitting a trade ticket for a short sale?

                  • A. Mark the sell-order ticket as a short sate
                  • B. Mark it as a margin order
                  • C. Verify the client canborrow the shares.
                  • D. Obtain minimum margin amount from client
                  Reveal Solution  Discussion  0

                  Correct Answer: A  🗳️

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                  Question #3

                  On what is the dividend rate for rate-reset preferred shares based?

                  • A. The Dank at Canada's overnight rate plus a spread
                  • B. The three-month Government of Canada Treasury bill yield plus a spread
                  • C. The five-year Government of Canada bond yield plus a spread
                  • D. The preferred share issuer's senior bonds plus a spread
                  Reveal Solution  Discussion  0

                  Correct Answer: C  🗳️

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                  Question #4

                  KJR made the following warrants offering:

                  What is the intrinsic value of 1 KJR inc, warrant?

                  • A. $5
                  • B. $0
                  • C. $2
                  • D. $3
                  Reveal Solution  Discussion  0

                  Correct Answer: C  🗳️

                  Explanation: Only visible for Pass4cram members. You can sign-up / login (it's free).

                  Question #5

                  Which security is issued by a company lo existing shareholders allowing, them to subscribe for additionalshares over a period of severalyears?

                  • A. Stock options.
                  • B. Rights.
                  • C. Warrants
                  • D. Long-term equity anticipation security.
                  Reveal Solution  Discussion  0

                  Correct Answer: C  🗳️

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