Canadian Securities Course (CSC) Practice Exam

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Practice for the Canadian Securities Course (CSC) exam with our quiz. Test your knowledge with multiple-choice questions. Be prepared for the real exam!

Each practice test/flash card set has 50 randomly selected questions from a bank of over 500. You'll get a new set of questions each time!

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Which type of firms cater to individuals and offer both full service and discount brokerage services?

Front office
Integrated firms
Retail firms
Schedule II banks

The correct answer is: Retail firms

Retail firms cater to individuals and offer both full service and discount brokerage services. Front office is a general term that refers to customer-facing areas in an organization, but it is not specific to the brokerage industry. Integrated firms may offer more than just brokerage services and may not focus solely on catering to individuals. Schedule II banks are accredited financial institutions that are authorized to hold and invest funds for clients, but they do not necessarily offer full service and discount brokerage services like retail firms do.