CIPS L5M4 Q&A - in .pdf

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  • Exam Code: L5M4
  • Exam Name: Advanced Contract & Financial Management
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  • Q & A: 365 Questions and Answers
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NEW QUESTION: 1
What describes application virtualization?
A. Breaks the dependency between the application interface and the processing logic
B. Provides interoperability between different application versions
C. Breaks the dependency between the application and the underlying platform
D. Increases the application and CPU utilization
Answer: C

NEW QUESTION: 2
Under the standardized approach to determining operational risk capital, operations risk capital is equal to:
A. a varying percentage, determined by the national regulator, of the gross revenue of each of the bank's business lines
B. a fixed percentage of the latest gross income of the bank
C. 15% of the average gross income (considering only the positive years) of the past three years
D. a fixed percentage (different for each business line) of the gross income of the eight specified business lines, averaged over three years
Answer: D
Explanation:
Explanation
Choice 'd' is the correct answer, as laid down in the Basel II document. The other choices are incorrect.

NEW QUESTION: 3
In Microsoft's security architecture, the "SID" refers to:
A. Security Intramodular Design
B. Security Intermodular Design
C. Security Identification Design
D. Security Identifier
Answer: D

NEW QUESTION: 4
Which two operational modes are supported on the members of a StackWise switch stack? (Choose two)
A. standby
B. redundant
C. active
D. passive
E. power-sharing
Answer: A,C

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