CSI CSC1 Q&A - in .pdf

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  • Exam Code: CSC1
  • Exam Name: Canadian Securities Course Exam 1
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NEW QUESTION: 1
Which element in the compensation plan template XML controls the lump sum split? Choose one:
A. <comp-rule>
B. <comp-budget-rule>
C. <comp-salary-rule>
D. <comp-calculation>
Answer: C

NEW QUESTION: 2
General Counsel can use Case Assessment and Analytics functions to reduce eDiscovery risks and costs in each of the following ways EXCEPT:
A. Case cost assessment and cross-portfolio forecasting
B. Provide more information for outside review to reduce in-house workloads
C. Evidence and custodian pattern analysis for early case insights
D. First pass review, culling and flagging
Answer: D

NEW QUESTION: 3
Which of the following is an input to the prepare for elicitation task?
A. Potential value
B. Elicitation activity plan
C. Set up logistics
D. Needs
Answer: A

NEW QUESTION: 4
In assessing risk, it is MOST essential to:
A. provide equal coverage for all asset types.
B. consider both monetary value and likelihood of loss.
C. use benchmarking data from similar organizations.
D. focus primarily on threats and recent business losses.
Answer: B
Explanation:
Explanation/Reference:
Explanation:
A risk analysis should take into account the potential financial impact and likelihood of a loss. It should not weigh all potential losses evenly, nor should it focus primarily on recent losses or losses experienced by similar firms. Although this is important supplementary information, it does not reflect the organization's real situation. Geography and other factors come into play as well.

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