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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 describes the characteristics of a Boot Sector Virus?
A. Moves the MBR to another location on the hard disk and copies itself to the original location of the MBR
B. Overwrites the original MBR and only executes the new virus code
C. Moves the MBR to another location on the RAM and copies itself to the original location of the MBR
D. Modifies directory table entries so that directory entries point to the virus code instead of the actual program
Answer: A
Explanation:
Explanation
A boot sector virus is a computer virus that infects a storage device's master boot record (MBR). The virus moves the boot sector to another location on the hard drive.
References: https://www.techopedia.com/definition/26655/boot-sector-virus

NEW QUESTION: 2
The following information is available for an entity for the quarter ended March 31 of the current year:

The gross profit margin is normally 200 of sales. What is the estimated cost of the merchandise inventory at March 31 of the current year?
A. US $40,000
B. US $20,000
C. US $60.000
D. US $180,000
Answer: C
Explanation:
The gross profit margin percentage is given as 20% of sales. Hence, cost of goods sold must have been US $160,000 [$:4110,000 sales x1_0 - 2)]. The estimated cost of the inventory at March 31 is computed as follows:

C:\Documents and Settings\usernwz1\Desktop\1.PNG An entity had the following opening and closing inventory balances during the current

The following transactions and events occurred during the current year:
US $300,000 of raw materials were purchased, of which US $20,000 were returned
because of defects. US $600,000 of direct labor costs were incurred.
US $750,000 of production overhead costs were incurred.

NEW QUESTION: 3
Scenario: An administrator configured a master virtual machine and created a pooled catalog with a desktop group. The administrator discovered that antivirus software was not installed on the master virtual machine.
How would the administrator update the image pool to include antivirus software for the pooled desktops with the least amount of administrative effort?
A. Recreate the master virtual machine and install the antivirus software.
B. Install the antivirus software on the master virtual machine, take a snapshot of the virtual machine and assign the snapshot to the catalog
C. Convert the master virtual machine to a template and install antivirus software on the template.
D. Install the antivirus software on the master virtual machine, then update the catalog
Answer: C


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