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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 three parameters are required when entering the hours forecast for a project? (Each correct answer presents part of the solution. Choose three.)
A. funding source
B. cost price
C. category
D. activity
E. number of hours
Answer: B,C,E

NEW QUESTION: 2

A. Option C
B. Option A
C. Option D
D. Option B
Answer: C

NEW QUESTION: 3
The contract Promised Details tabs includes Selling Amount, Allocated Amount, Revenue Recognized, and Bill.......

What is the difference between Selling Amount and Allocated Amount?
A. The Selling Amount is calculated based on Standalone Selling Prices and is used to tie back to your SSP upload or calculation. The Allocated Amount is based on the Billed amount and is ultimately used for the Revenue Recognition amount.
B. The Selling Amount is calculated based on the source document sales lines amount and is used for the Revenue Recognition amount. The Allocated Amount is based on the Billed Amount and Is used to tie back to your Billing source document upload.
C. The Selling Amount is calculated based on Standalone Selling Prices and is used for the Revenue Recognition amount. The Allocated Amount is based on the source document sales lines amounts and is ultimately used to tie back to your source document upload.
D. The Selling Amount is calculated based on the source document sales lines amounts and is used to tie back to your source document upload. The Allocated Amount is based on Standalone Selling Price and is ultimately used for the Revenue Recognition amount.
Answer: D


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