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Certified Anti-Money Laundering Specialists

  • Exam Number/Code : CAMS
  • Exam Name : Certified Anti-Money Laundering Specialists
  • Questions and Answers : 213 Q&As
  • Update Time: 2019-01-10
  • Price: $ 99.00 $ 39.00

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NEW QUESTION: 1
In an audit of an inventory application, which approach would provide the BEST evidence that purchase orders are valid?
A. Testing whether inappropriate personnel can change application parameters
B. Comparing receiving reports to purchase order details
C. Tracing purchase orders to a computer listing
D. Reviewing the application documentation
Answer: A
Explanation:
Explanation/Reference:
Explanation:
To determine purchase order validity, testing access controls will provide the best evidence. Choices B and C are based on after-the-fact approaches, while choice D does not serve the purpose because what is in the system documentation may not be the same as what is happening.

NEW QUESTION: 2

vCenter Server:

A. Option B
B. Option A
C. Option C
D. Option D
Answer: A
Explanation:
The environment is very big with 1000 ESXi host and 10,000 virtual machines. Therefore, it is not enough and the vCenter server cannot meet these requirements.

NEW QUESTION: 3
TDD and FDD are different duplex technologies, which use time slots and frequencies to distinguish between uplink and downlink.
A. False
B. True
Answer: B

NEW QUESTION: 4
Which of the following statements is incorrect concerning the CAPM?
A. A diagram of the CAPM has beta on the horizontal axis.
B. It is intended to allow investors to calculate the realized rate of return on a security.
C. The Security Market Line is the graphic depiction of the CAPM.
Answer: B
Explanation:
The CAPM is intended to allow investors to calculate the required or appropriate expected rate of return on a security, not a realized rate of return. Realized returns are calculated, by definition, after the fact while the CAPM is used before the fact.