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ICWIM Exam Simulator
  • Exam Code: ICWIM
  • Exam Name: International Certificate in Wealth & Investment Management
  • Version: V12.35
  • Q & A: 40 Questions and Answers
  • CISI ICWIM Q&A - in .pdf

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NEW QUESTION: 1
You need to create a subscription marketing list to manage a monthly newsletter subscription.
Which two actions can you use to create the list? Each correct answer presents a complete solution.
A. In Dynamics 365 for Marketing, define a segment as a subscription marketing list,
B. In Dynamics 365 for Marketing, navigate to Marketing Lists and add the list.
C. In the Dynamics 365 Custom app module, navigate to Marketing. Then, under Customers, add the list.
D. In the Dynamics 365 Survey app module, navigate to Marketing. Then, under Customers, add the list.
Answer: C,D
Explanation:
References:
https://docs.microsoft.com/en-gb/dynamics365/customer-engagement/marketing/set-up- subscription-center

NEW QUESTION: 2
Static routing will be used in a network between a corporate head office, with many connected networks, and a branch office, with one connection to the head office. Which of the following best describes the likely configuration?
A. The corporate head office router will have a default route and the branch site will have a more specific static route.
B. The corporate head office router will have a more specific static route and the branch office router will have a default route.
C. The corporate head office router and the branch office router will both have specific static routes.
D. The corporate head office router and the branch router will both have default routes.
Answer: B

NEW QUESTION: 3
The advanced directive in a client's chart is dated August 12, 1998.The client's daughter produces a Power of Attorney for Health Care, dated 2003, which contains different care direction(s). The nurse is supposed to:
A. follow the 2003 version, place it in the chart, and communicate the update appropriately.
B. follow neither until clarified by the unitmanager.
C. follow the 1998 version because the physician's code order is based on it.
D. follow the 1998 version because it's part of the legal chart.
Answer: A
Explanation:
Explanation/Reference:
Explanation:
The document dated 2003 supersedes the previous version and should be used as a basis for care direction.
Choices 1 and 2 are incorrect because the 1998 version is now outdated. Choice 4 is incorrect because the nurse can be held negligent for not responding to the 2003 document as directed. Coordinated Care

NEW QUESTION: 4
In testing long-term investments, an auditor ordinarily would use analytical procedures to ascertain the
reasonableness of the:
A. Existence of unrealized gains or losses in the portfolio.
B. Classification between balance sheet portfolios.
C. Completeness of recorded investment income.
D. Valuation of marketable equity securities.
Answer: C
Explanation:
Explanation/Reference:
Explanation:
Choice "A" is correct. In testing long-term investments, an auditor ordinarily would use analytical
procedures to ascertain the reasonableness of the completeness of recorded investment income. These
procedures would probably include a comparison of the recorded investment income with the expected
amount (based upon the related interest rate, dividends declared, etc.) and the income balance audited in
the prior year.
Choice "B" is incorrect. Classification between balance sheet portfolios would most likely be tested by
confirming the terms of the investment and making inquiries of management regarding how long they
intend to hold the securities.
Choice "C" is incorrect. To test the valuation of marketable equity securities an auditor would most likely
compare to market quotations (cost method) or examine the audited financial statements of the investee
company (equity method).
Choice "D" is incorrect. To identify and quantify the existence of unrealized gains and losses in the
portfolio, an auditor would examine the trading prices in the Wall Street Journal (or other source) for those
long-term investments carried under the cost method. For those carried under the equity method, an
auditor would review the audited financial statements of the investee company.

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