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MCCQE Part 1 Exam

  • Exam Number/Code : MCCQE
  • Exam Name : MCCQE Part 1 Exam
  • Questions and Answers : 213 Q&As
  • Update Time: 2019-01-10
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NEW QUESTION: 1
You need to create an audit log of all changes to customer banking data. You use DynamoDB to store this customer banking data. It's important not to lose any information due to server failures.
What is an elegant way to accomplish this?
A. Before writing to DynamoDB, do a pre-write acknoledgment to disk on the application server, removing sensitive information before logging. Periodically rotate these log files into S3.
B. Before writing to DynamoDB, do a pre-write acknoledgment to disk on the application server, removing sensitive information before logging. Periodically pipe these files into CloudWatch Logs.
C. Use a DynamoDB StreamSpecification and periodically flush to an EC2 instance store, removing sensitive information before putting the objects. Periodically flush these batches to S3.
D. Use a DynamoDB StreamSpecification and stream all changes to AWS Lambda. Log the changes to AWS CloudWatch Logs, removing sensitive information before logging.
Answer: D
Explanation:
All suggested periodic options are sensitive to server failure during or between periodic flushes.
Streaming to Lambda and then logging to CloudWatch Logs will make the system resilient to instance and Availability Zone failures.
http://docs.aws.amazon.com/lambda/latest/dg/with-ddb.html

NEW QUESTION: 2
Aggressive (growth) funds have tended to
A. outperform conservative funds.
B. have returns about equal to those of conservative funds.
C. have portfolio compositions very similar to conservative funds.
D. underperform conservative funds.
Answer: A
Explanation:
Explanation/Reference:
Explanation:
A study by McDonald found a positive relationship between stated objectives (growth vs. income, for example) and measures of risk. The higher risk was also found to have been positively related to higher return. The objectives of a fund were thus found to have influenced its performance.

NEW QUESTION: 3
Determine whether the following statement is true or false:
The NCQA has established a Physician Organization Certification (POC) program for the purpose of certifying medical groups and independent practice associations for delegation of certain NCQA standards, including data collection and verification for credentialing and recredentialing.
A. True
B. False
Answer: A

NEW QUESTION: 4
What happens when the source of Financial Transaction is canceled?
A. A new reversal Financial Transaction is created.
B. The source Financial Transaction status is changed to canceled.
C. The source Financial Transaction is deleted.
D. The source Financial Transaction status is changed to canceled and a new reversal Financial Transaction is created.
E. The source Financial Transaction is deleted and a new reversal Financial Transaction is created.
Answer: B