CISI IFC Q&A - in .pdf

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  • Exam Code: IFC
  • Exam Name: Investment Funds in Canada (IFC) Exam
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NEW QUESTION: 1
Elody Gaindy was discussing about the contents of audit report produce on the audit of ABC Ltd with his friend Evie Christoffelsen. Evie informed Elody the matters on which auditors are required to report by exception such as:
Adequate accounting records of ABC Ltd have not been kept, or returns adequate for the audit have not been received from branches of ABC Ltd not visited by Elody Gaindy; or
The financial statements of ABC Ltd are not in agreement with the accounting records and returns; or
Certain disclosures of directors' remuneration of ABC Ltd specified by law are not made
Which of the following statements is not true about the audit report prepared by Elody Gaindy?
A. A one-paragraph report is generally used when the auditor is not independent.
B. A three-paragraph report ordinarily indicates there are no exceptions in the audit.
C. More than three paragraphs in the report indicates there must be some type of qualification in the audit report.
D. An unqualified opinion with modified wording has three paragraphs.
Answer: C

NEW QUESTION: 2
Your company purchases Microsoft 365 Enterprise and Azure AD P2 licenses.
You need to provide identity protection against malicious login attempts.
What should you implement?
A. Azure AD Identity Protection
B. Azure Information Protection
C. Azure Identity and Access Management
D. Azure AD Privileged Identity Management
Answer: A
Explanation:
References:
https://docs.microsoft.com/en-us/azure/active-directory/identity-protection/overview

NEW QUESTION: 3
Which of the following options in the Selection Preview drop-down menu, in the Color Range dialog box, shows unselected areas as a rubylith overlay?
A. White Matte
B. Grayscale
C. Quick Mask
D. None
Answer: C

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