ACAMS CAMS Q&A - in .pdf

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  • Exam Code: CAMS
  • Exam Name: Certified Anti-Money Laundering Specialists (the 6th edition)
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  • Q & A: 365 Questions and Answers
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NEW QUESTION: 1

A. netstat
B. nslookup
C. route
D. arp
Answer: A
Explanation:
Explanation: References:

NEW QUESTION: 2
Which of the following uses classless subnet masks across a network?
A. Summarization
B. CIDR
C. Subnetting
D. Supernetting
Answer: B
Explanation:
Classless Inter-Domain Routing is based onvariable-length subnet masking(VLSM), which allows a network to be divided into variously sized subnets, providing the opportunity to size a network more appropriately for local needs and also CIDR allows an address or routing prefix to be written with a suffix indicating the number of bits of the prefix, such as 192.168.2.0/24.

NEW QUESTION: 3
When hedging one fixed income security with another, the hedge ratio is determined by:
A. Basis point value or PV01 of the two instruments
B. The yield beta
C. The volatility of the hedge
D. The yield beta and the basis point values of the hedge instrument and the security being hedged.
Answer: D
Explanation:
Explanation
When hedging one fixed income security with another, the question as to how much of the hedge to buy (or sell) (ie the hedge ratio) for a given primary position is determined by their respective basis point values, which in turn are determined by their duration. Therefore, when hedging a long maturity bond with a PV01 of
$3 with a short maturity bond that has a PV of $1, we will need to buy 3 times the notional value of the short maturity bond to achieve the same sensitivity to interest rates as the longer maturity bond.
Additionally, we may also expect the interest rates on the hedge to move differently from the interest rates on the primary instrument being hedged, and this needs to be accounted for as well as part of the hedge ratio calculation. This is called the yield beta and is calculated as change in yield for primary position/change in yield for the hedge security.
The hedge ratio is determined both by the yield beta and the BPVs of the two securities. Choice 'd' is the correct answer.

NEW QUESTION: 4
You are designing a new HPE 3PAR StoreServ solution for a company. The company's CIO plans to reuse an existing Fiber Channel infrastructure and c-Class enclosure, and a broad range of rack-mounted HPE ProLiant G7, Gen8, and Gen9 servers. The CIO is concerned about current firmware levels
What should you do to confirm that the existing infrastructure supports your storage array design? )
A. Design an HPE 3PAR SioreServ array with an older version of Inform OS to ensure firmware compatibility.
B. Check recommended firmware levels in the HPE SAN Design Reference Guide to ensure firmware compatibility
C. Document existing server and SAN information, and consult SPOCK to ensure firmware compatibility
D. Design an array with the latest inform OS version, and recommend that the customer engage HPE TS to upgrade firmware, to ensure compatibility
Answer: C

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