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Exam Code: IFC
Exam Name: Investment Funds in Canada (IFC) Exam
Version: V22.75
Q & A: 580 Questions and Answers
IFC Free Demo download
About CISI IFC Exam
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NEW QUESTION: 1
Enterprise-wide resource planning ERP) software packages, such as SAP and Oracle, are all-inclusive systems that attempt to provide entity-wide information. ERP systems provide
advantages to the auditor because they:
A. Have been installed by smaller firms so, to date, few auditors have encountered them.
B. Have proven difficult for some firms to install.
C. Typically have built-in transaction logs and the ability to produce a variety of diagnostic reports.
D. Typically require firms to reduce the division of duties and responsibilities found in traditional systems.
Answer: C
Explanation:
ERP systems have a variety of controls and report generation functions that allow the auditor to abstract and monitor data collected and processed. Some ERP systems have built-in audit functions.
NEW QUESTION: 2
A vSphere Administrator recently upgraded to vSphere .6.5 and wants to assign more than
4 TB of RAM to the virtual machine.
What must happen first?
A. Obtain an ESXi server with an Intel Skylake CPU.
B. Upgrade the Virtual Machine compatibility to version 13.
C. Make sure that the user account has administrative privileges at a global level.
D. Make sure that there are no snapshots present on the virtual machine.
Answer: B
NEW QUESTION: 3
A stadium wants to deploy location-based services, including blue-dot wayfinding over a 200,000 square foot (18,580 sq. m) area. The customer also wants to enable targeted notifications when guests walk past particular areas. The customer has selected a 1 year subscription.
The exhibit shows the BOM that the architect created in Iris.
Which correction should the architect make?
A. Change the campaign subscription to a Maps subscription
B. Remove one Blue Dot Nav subscription
C. Add two Maps subscriptions
D. Add another campaign subscription
Answer: C
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