Online Access Free ICWIM Practice Test

The beneficiaries of a typical shareholder protection policy:

• A.Are the deceased shareholder's family
• B.Is the deceased shareholder's estate
• C.Are the remaining shareholders
• D.Is the company itself

Cryptocurrencies were originally introduced:

• A.To make internet payments easier
• B.To profit from the internet
• C.Due to a lack of confidence in banks
• D.In order to provide a new form of asset

During a period of growth in consumer income the demand curve for a normal product would:

• A.Remain static
• B.Shift to the left
• C.Shift to the right
• D.Begin to curve upwards

Which term is used to describe a dividend payment made by a company with insufficient earnings to do so?

• A.A scrip dividend payment
• B.An uncovered dividend payment
• C.A proxy dividend payment
• D.An ex-dividend payment

An investor deposits £1,000 into an account that pays interest at the rate of 3% per year. If the interest is credited to the account at the end of the year and the investor leaves the money in the account for 5 years, how much money will be in the account at the end of the fifth year?

• A.£1,157.63
• B.£1,150.00
• C.£1,276.28
• D.£1,159.27