ACAMS CCAS Q&A - in .pdf

  • CCAS pdf
  • Exam Code: CCAS
  • Exam Name: Certified Cryptoasset Anti-Financial Crime Specialist Examination
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  • Q & A: 365 Questions and Answers
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NEW QUESTION: 1
During a recent investigation, an auditor discovered that an engineer's compromised workstation was being used to connect to SCADA systems while the engineer was not logged in. The engineer is responsible for administering the SCADA systems and cannot be blocked from connecting to them. The SCADA systems cannot be modified without vendor approval which requires months of testing.
Which of the following is MOST likely to protect the SCADA systems from misuse?
A. Update anti-virus definitions on SCADA systems
B. Deploy NIPS at the edge of the SCADA network
C. Audit accounts on the SCADA systems
D. Install a firewall on the SCADA network
Answer: B

NEW QUESTION: 2
When applying income tax allocation, interest expense incurred on funds borrowed to acquire municipal bonds would be classified and accounted for as follows:
A. temporary difference, tax consequences recognized
B. permanent difference, no tax consequences recognized
C. permanent difference, tax consequences recognized
Answer: B
Explanation:
Interest expense incurred on funds borrowed to acquire municipal bonds is not a tax-deductible item and therefore would never be recognized for tax purposes. It is a permanent difference, and its tax consequences should not be recognized.

NEW QUESTION: 3
A company wants to migrate a high performance computing (HPC) application and data from on- premises to the AWS Cloud.
The company uses tiered storage on premises with hot high-performance parallel storage to support the application during periodic runs of the application and more economical cold storage to hold the data when the application is not actively running.
Which combination of solutions should a solutions architect recommend to support the storage needs of the application? (Select TWO )
A. Amazon EFS for cold data storage
B. Amazon FSx for Lustre for high-performance parallel storage
C. Amazon S3 for cold data storage
D. Amazon FSx for Windows for high-performance parallel storage
E. Amazon S3 for high-performance parallel storage
Answer: B,C
Explanation:
Amazon FSx for Lustre provides a high-performance file system optimized for fast processing of workloads such as machine learning, high-performance computing (HPC), video processing, financial modeling, and electronic design automation (EDA).
These workloads commonly require data to be presented via a fast and scalable file system interface, and typically have data sets stored on long-term data stores like Amazon S3.

Amazon FSx works natively with Amazon S3, making it easy to access your S3 data to run data processing workloads. Your S3 objects are presented as files in your file system, and you can write your results back to S3. This lets you run data processing workloads on FSx for Lustre and store your long- term data on S3 or on-premises data stores.
Therefore, the best combination for this scenario is to use S3 for cold data and FSx for Lustre for the parallel HPC job.
CORRECT: "Amazon S3 for cold data storage" is the correct answer.
CORRECT: "Amazon FSx for Lustre for high-performance parallel storage" is the correct answer.
INCORRECT: "Amazon EFS for cold data storage" is incorrect as FSx works natively with S3 which is also more economical.
INCORRECT: "Amazon S3 for high-performance parallel storage" is incorrect as S3 is not suitable for running high-performance computing jobs.
INCORRECT: "Amazon FSx for Windows for high-performance parallel storage" is incorrect as FSx for Lustre should be used for HPC use cases and use cases that require storing data on S3.
References:
https://aws.amazon.com/fsx/lustre/

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