CQIB MOCK EXAM QUESTIONS AND ANSWERS GRADED AND RATED A+.
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Course
CQIB
Institution
CQIB
CQIB MOCK EXAM QUESTIONS AND ANSWERS GRADED AND RATED A+.CQIB MOCK EXAM QUESTIONS AND ANSWERS GRADED AND RATED A+.CQIB MOCK EXAM QUESTIONS AND ANSWERS GRADED AND RATED A+.CQIB MOCK EXAM QUESTIONS AND ANSWERS GRADED AND RATED A+.
CQIB MOCK EXAM QUESTIONS Which of the following is accurate regarding fiscal policy? Government spending and taxation that influences the economy. Who runs Superannuation funds? Trustees Which form of debt is a popular funding option due to taxation benefits that may be available for borrowers? Equipment leasing Which of the following roles do banks play in society and the economy as a whole? Facilitate the creation of money, act as a financial intermediary and contribute to the economy's development Which one of the following is accurate in relation to Australian banking history? Prior to 1910, banks could issue their own private bank notes. How often is the Consumer Price Index calculated? Quarterly Which of the following is true regarding banks? They are highly leveraged How would you describe government securit ies and semi -government securities? High Quality Liquid Assets How would a deontologist view justify killing a person about to commit a terrorist act if it meant saving the lives of many others? It would not be justified at it is wrong to kill. Which of th e following would be considered a benefit of virtue ethics? It provides flexibility because there are no universal 'rules' to apply when making a decision A code of practice which is designed to prevent unprofessional conduct by focusing on high -level conc epts such as fairness, rather than compliance with detailed rules refers to what type of approach? Principles based Which of the following is true in relation to the FINSIA Code of Conduct? Respect' is one of the FINSIA's values Which of the following is c orrect regarding a corporate code of conduct? It often contains a commitment associated with citizenship. In respect to deontology which statement is correct? People must do the right thing, even if it does not result in a good outcome. Which of the follow ing is one of the basic rules Kant proposed as being useful to a well -ordered society? Deontology - You can not use people as a means to an end The action to step back and rethink or adjust your intended course of action is part of which step in the Five Step Approach to Ethical Dilemmas? Discuss - Talk about your chosen action When faced with moral dilemma, you should choose the action that maxim ises good outcomes? Consequentialism What term is applied to a person who holds a legal or ethical relationship of trust with one or more parties, usually relating to the care of money or other assets? Fiduciary Claire has just received an inheritance from one of her aunts and is considering investing a large lump sum into an investment account. Under the Corporations Act 2001, she will be defined as a retail client unless she invests in excess of what minimum sum? $500,000 Which of the following was first introduced within Basel III? A global framework for bank liquidity regulation The Reserve Bank Board ensures that monetary and banking policies contribute to which of the following? The stability of the Australian dollar, maintaining full employment and th e economic prosperity and welfare of the people of Australia Which of the following is correct regarding a bank's lending products? Customers usually have up to 25 days from the last day of the statement cycle to make their credit card repayment. Which of the following is not a common type of insurance excess for motor vehicle policies? Maximum claims excess
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