Julia invested in ERF energy mutual fund three years ago. At that time, the price of the fund was $25.44 per unit. Over time, the unit price has dropped to $19.72, however Julia does not want to consider selling her investment until it returns to $25.44. What bias is she demonstrating?

• A.Availability
• B.Anchoring
• C.Representativeness
• D.Hindsight

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What is a statistical measure of price fluctuation that illustrates how a stock's price fluctuates around its average?

• A.Standard deviation.
• B.Spread.
• C.Correlation coefficient.
• D.Sharpe ratio.

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What items are typically classified as current assets on the statement of financial position?

• A.Cash, accounts receivable, and retained earnings
• B.Cash, accrued charges, and accounts receivable
• C.Cash, accounts receivable, and inventories
• D.Cash, inventories, and depreciation

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What bias would influence an investor's decision to continue to hold an unprofitable investment despite little likelihood of an improvement in the investment's value?

• A.Representativeness
• B.Loss aversion
• C.Status quo
• D.Cognitive dissonance

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What type of transaction must be reported under current anti-money laundering and terrorist financing legislation?

• A.Any cross-border transactions of $10,000 CDN or more
• B.Deposit transactions of $5,000 CDN or more
• C.Deposit transactions of $10,000 CDN or more
• D.Any transaction of $10,000 CDN or more

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