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Exam Code: IFC
Exam Name: Investment Funds in Canada (IFC) Exam
Vendor: CISI

60 Questions & Answers
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NEW QUESTION: 1
You are being hired to manage a highway construction project for a contractor working for Smith County. The sponsor is a project officer who works for the Smith County municipal government. You have three separate teams working all three shifts, with a separate foreman for each team. Each team has members from two different unions, and each union has its own representative. Who is the BEST person to approve the project charter?
A. The project manager
B. The Smith County project officer
C. The team foreman
D. The two union representatives
Answer: B
Explanation:
Since the Smith County project officer is the sponsor, he's the person who is best suited to signing the charter. A project charter is typically approved and signed by the sponsor. Some projects are approved by key stakeholders, but they are never approved by project managers (since the project manager is only granted authority once the project is signed) or team members.

NEW QUESTION: 2
Stock, from which withdrawals are made, can be located close to the marshalling and shipping area is referred to as:
A. Withdrawal stock
B. Marshalling stock
C. Working stock
D. Active stock
Answer: C

NEW QUESTION: 3
Based on the SAP Activate methodology, which of the following tests are formal, and therefore must be documented during implementation? Note: There are 2 correct answers to this question.
A. None
B. String test
C. None
D. Integration test
E. Unit test
F. Business process test
Answer: D,E

NEW QUESTION: 4

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


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