CSI CSC1 : Canadian Securities Course Exam 1

Exam Code: CSC1

Exam Name: Canadian Securities Course Exam 1

Updated: Aug 07, 2026

Q & A: 100 Questions and Answers

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CSI CSC1 Exam Syllabus Topics:

SectionWeightObjectives
The Canadian Investment Marketplace15%- Canadian Regulatory Environment
  • 1. Regulators
  • 2. Regulation and Supervision
  • 3. Ethics
- Canadian Securities Industry
  • 1. Overview of the Industry
  • 2. Trends in the Market
  • 3. Other Financial Intermediaries
  • 4. Investment Dealer's Role as a Financial Intermediary
- Capital Markets
  • 1. Capital
  • 2. Markets
  • 3. Products
Financing and Listing Securities8%- Security Issuance
  • 1. Private Placements
  • 2. Public Offerings
  • 3. Listing Requirements
Derivatives10%- Derivative Instruments
  • 1. Options
  • 2. Futures
  • 3. Hedging Strategies
Features and Types of Fixed-Income Securities12%- Fixed-Income Instruments
  • 1. Yield and Risk
  • 2. Corporate Bonds
  • 3. Government Bonds
The Economy13%- Macroeconomic Fundamentals
  • 1. Inflation
  • 2. Fiscal Policy
  • 3. Economic Cycles
  • 4. Monetary Policy
Corporations and their Financial Statements8%- Financial Statement Analysis
  • 1. Cash Flow Statement
  • 2. Balance Sheet
  • 3. Income Statement
Common and Preferred Shares13%- Equity Securities
  • 1. Preferred Shares
  • 2. Shareholder Rights
  • 3. Common Shares
Equity Transactions10%- Trading Equities
  • 1. Settlement Procedures
  • 2. Order Types
  • 3. Margin Trading
Pricing and Trading of Fixed-Income Securities11%- Bond Markets
  • 1. Trading Practices
  • 2. Yield Calculations
  • 3. Bond Pricing

CSI Canadian Securities Course Exam 1 Sample Questions:

1. How do high interest rates affect the economy?

A) They decrease the value of the Canadian dollar.
B) They increase prices
C) They reduce business investment.
D) They accelerate debt pay offs


2. What is thefirst step In determining the present valueof a bond with coupon payments?

A) Determine me appropriate discount rate
B) Determine the present value of the bond a principal to be received at maturity.
C) Determine the appropriate compounding rate.
D) Determine the present value of the income stream from the bond s coupon payments.


3. What is unique to a shortmargin position?

A) Margin is discretional for securities with certain price ranges.
B) There is a timelimit that a short position may be maintained.
C) Margin is established when the dealer memberloansmoney to the client.
D) Short seller can suffer unlimited loss if the price of the security rises rather than fails.


4. Which condition must exist for a company to issue a short Form prospectus?

A) it already has securities listed and posted for tracing or quoted on an eligible exchange
B) Its principal asset is cash or cash equivalents, or exchange listing
C) it is exclusively a reporting issuer in foreign Jurisdictions.
D) The offering is for the purpose of financing a material change in the issuer's business


5. Which statutory right allowsa purchaser to caned their order if a prospectus has a misrepresentation?

A) Right of rescission.
B) Right of withdrawal.
C) Right of action for damages
D) Right of amended prospectus delivery


Solutions:

Question # 1
Answer: C
Question # 2
Answer: A
Question # 3
Answer: D
Question # 4
Answer: A
Question # 5
Answer: A

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