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CSC1

Exam Code: CSC1

Exam Name: Canadian Securities Course Exam 1Certification

Version: V16.75

Q & A: 400 Questions and Answers

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NEW QUESTION: 1
Why should customers keep the Software Maintenance Agreement for IBM software up-to-date?
A. It cannot be re-instituted if it expires.
B. It provides software support and upgrade protection.
C. It provides standard 7x24 defect and non-defect support.
D. It provides automated fix updates via CHARM.
Answer: B

NEW QUESTION: 2
In Ethereum how is the block difficulty determined in Ethereum?
A. The Block Difficulty increases when the time between mined blocks is below 10 seconds, while it decreases when the time is above 20 seconds.
B. The Block Difficulty is determined by the Ethereum Committee every fortnight to reflect the average amount of transaction and it cannot be influenced by the network itself.
C. The Block Difficulty increases when the time between mined blocks is below 20 seconds, while it decreases when the tie is above 60 seconds.
Answer: A
Explanation:
Explanation
At the time of writing these lines, the Ethereum Blockchain still runs on Proof of Work. When a block is mined, the miner node selects some transactions from a pool of pending transactions. Usually they are sorted by how much gas they would bring in. These transactions are executed and incorporated in the new block. But a block also contains two very important parameters: a difficulty and a timestamp. The difficulty regulates how hard it is to find a block by the miner. The mining time is set to be between 10 and 20 seconds. If it's beyond 20 seconds, the difficulty is too high and will be automatically lowered going forward. If the mining happens below 10 seconds, then the difficulty increases. The timestamp is the time when a miner found the block. It is not automatically derived, rather it is set by the miner itself and can thus be influenced to a certain degree. The timestamp does not depend on the time zone, as it's the standard Unix timestamp.

NEW QUESTION: 3
A nuclear facility manager (determined the need to monitor utilization of water within the facility. A startup company just announced a state-of-the-art solution to address the need for integrality 'be business and ICS networks The solution leqmies a very small agent lo be installed on the 1CS equipment Which of the following is the MOST important security control for the manager to invest in to protect the facility?
A. Run a penetration lest on the installed agent.
B. Install the agent tor a week on a test system and monitor the activities
C. Require thorough guides for administrator and users
D. Require that the solution provider make the agent source code available for analysis.
Answer: B

NEW QUESTION: 4
AllTime Investment Advisers advertises that its phones are manned 24/7, so that a client "doesn't have to
lie awake all night worrying about a financial problem." In fact, AllTime does have a answering service that
answers calls in the evenings and on the weekends when its offices are closed. The service informs the
caller of the firm's business hours, which will be the earliest opportunity the caller will have to talk to an
investment adviser representative. Is this a violation of any securities laws?
A. No. It's not a violation of any securities laws, but the firm probably won't retain many clients this way.
B. It depends. If, before a client signs a contract with the firm, it is made clear that investment adviser
representatives are not, in fact, available to him 24/7, then AllTime is in the clear.
C. No. The firm's phones are manned 24/7, so it hasn't lied.
D. Yes. The Uniform Securities Act prohibits investment advisers from making deceptive statements in the
solicitation of clients as well as in advising clients.
Answer: D
Explanation:
Yes. The Uniform Securities Act prohibits investment advisers from making deceptive
statements in the solicitation of its clients, so when AllTime suggests in its advertisements that a client will
be able to talk to someone who can relieve his worries, AllTime has violated the law and is guilty of fraud.

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