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CISI International Certificate in Wealth & Investment Management Sample Questions:
1. Unsecured negotiable bearer securities that are issued by companies with a full stock market listing are known as:
A) Bills of Exchange
B) Commercial Paper
C) Certificates of Deposit
D) Treasury Bills
2. In economics, costs are defined as:
A) Financial
B) Normal profit
C) Opportunity
D) Minimum efficient scale (MES)
3. One benefit of the Rules-Based model of regulation is that it:
A) Involves a high degree of prescriptive procedures and detailed rules, making it clear what individuals and firms must do to comply
B) Provides a source of guidance on how firms and individuals are expected to act
C) Evolves quickly in fast-changing dynamic markets
D) Offers a unique combination of private interests with government oversight
4. Assuming an upward-sloping yield curve that does not change, how can a fund manager profit from buying a longer-dated bond?
A) The yield will fall as the bond gets closer to maturity, so the bond can be sold for a profit
B) The gross redemption yield will rise on the purchased bond as maturity nears
C) The yield will rise as the bond gets closer to maturity, so the bond can be sold for a profit
D) As time passes, the yield and price of the purchased bond will rise
5. Who is responsible for developing international standards for combating terrorist financing?
A) Financial Action Task Force
B) United Nations
C) Financial Conduct Authority
D) Wolfsberg Group of Banks
Solutions:
| Question # 1 Answer: B | Question # 2 Answer: C | Question # 3 Answer: A | Question # 4 Answer: A | Question # 5 Answer: A |






