CSI CSC2 Q&A - in .pdf

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  • Exam Code: CSC2
  • Exam Name: Canadian Securities Course Exam2
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NEW QUESTION: 1
Which one of the following statements best describes the asset-liability method of accounting for deferred income taxes?
A. The tax effects of temporary differences are not reported separately but are reported as adjustments to the amounts of specific assets and liabilities and the related revenues and expenses.
B. The amount of deferred tax is based on tax rates in effect when temporary differences originate.
C. The appropriate tax rate to be reported on the income statement is the tax actually levied in that year, meaning no deferred taxes would be reported.
D. The amount of deferred tax is based on the tax rates expected to be in effect during the periods in which the deferred tax liability DTL is settled or the deferrer tax asset DTA) is realized.
Answer: D
Explanation:
A DTA or DTL is measured at the rates expected to apply when it is realized or settled, based on tax laws and rates enacted or substantively enacted as of the balance sheet date.
If different rates apply to different taxable profit levels, a DTA or DTL is measured based on the average rates expected to apply in the periods when the temporary differences are expected to reverse. The tax rate or tax base may vary with the manner of recovery or settlement. For example, one tax rate may apply if an asset is sold immediately and another may apply if it is to be recovered through continued use.

NEW QUESTION: 2
Which three statements about IP Office Server Edition (non-Select) are true? (Choose three.)
A. IP Office Server Edition is a software-based solution.
B. IP Office Server Edition must have at least one expansion system to support SIP trunks.
C. IP Office Server Edition requires a primary and secondary server.
D. IP Office Server Edition Non-Select can be expanded to support 2000 users.
E. IP Office Server Edition can be upgraded to the Select version.
Answer: C,D,E

NEW QUESTION: 3
Note: This question is part of a series of questions that present the same scenario. Each question in the series contains a unique solution that might meet the stated goals. Some question sets might have more than one correct solution, while others might not have a correct solution.
After you answer a question in this section, you will NOT be able to return to it. As a result, these questions will not appear in the review screen.
You administer devices in your corporate environment. The company allows employees to bring their own devices (BYOD). All BYOD devices must run Windows 10. For employees who elect to not use BYOD, the company provides a corporate laptop.
The company has a Microsoft Intune subscription and all BYOD devices have the Intune client installed. None of the BYOD devices are joined to the domain. All the corporate standard devices are managed by System Center Configuration Manager (SCCM).
You have an application that was developed in house that must be installed on all the BYOD devices.
The application must be installed automatically on the BYOD devices without any user intervention.
Solution: You download and install a sideloading product activation key on all of the BYOD devices. You upload the application to the Intune storage and configure the app deployment action as required install.
Does the solution meet the goal?
A. Yes
B. No
Answer: B

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