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IFSE Institute New CIFC Test Tutorial | CIFC Latest Exam Materials & CIFC 100% Correct Answers - FreeTorrent

CIFC

Exam Code: CIFC

Exam Name: Canadian Investment Funds Course Exam

Version: V22.75

Q & A: 580 Questions and Answers

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NEW QUESTION: 1
A customer wants to implement a policy on a guest WLAN, in which clients must accept the company wireless policy and enter an email address to access the guest network. The company does not have access to RADIUS servers and wants the WLAN to use open
Layer 2 security. Which Layer 3 security web policy must be enabled to meet these criteria?
A. web pass-through
B. conditional web redirect
C. web authorization on MAC filter failure
D. authentication
Answer: A

NEW QUESTION: 2
While comparing a firm that expenses costs with one that capitalizes them:
I. The capitalizing firm always shows higher cash flow from operations.
II. The cumulative difference between the cash flow from operations increases over time.
III. The capitalizing firm pays lower taxes in the first year.
IV. The capitalizing firm recognizes higher deferred tax liabilities.
A. II & III
B. I, II & IV
C. I & IV
D. II, III & IV
Answer: B
Explanation:
Explanation/Reference:
Explanation:
Expensing charges the entire cost to CFO while capitalization leads to a charge against the investing cash flow. Over time, depreciation reduces the tax payments. Hence, the cumulative difference in the CFOs increases over time. The expensing firm reports lower income in the first year and hence, pays lower taxes.

NEW QUESTION: 3
During the development of a software change for a system, the developer makes a mistake in his work, which
leads to a fault in the code. Unfortunately the fault is not found by software testing and is released into live.
What is the definite consequence of this mistake?
A. Contractual requirements have not been met by testing
B. The system will fail, causing a defect
C. If the contained in a small, the system may fail
D. Loss of money, time, or business reputation
Answer: C

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