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Exam Code: Advanced-CAMS-Audit

Vendor Name: ACAMS

Total Practice Questions : 60

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NEW QUESTION: 1
Buying securities on margin means that an investor:
A. puts up cash for part of the purchase price and borrows the balance from the selling brokerage firm
B. borrows the money for the purchase directly from a bank
C. puts up cash for part of the purchase price and borrows the balance directly from a bank
Answer: A
Explanation:
Buying on margin means putting up some of the cost of the securities (the margin) and borrowing the rest from the broker. The brokers in turn borrow from their bank at the broker call loan rate
(regulated by the Fed). The broker charges the customer a rate higher than that, frequently tied to the prime rate.

NEW QUESTION: 2
Considering the following pseudo-code, calculate the MINIMUM number of test cases required to achieve
100% statement coverage and 100% decision coverage.

A. Statement coverage. 3. Decision coverage 4
B. Statement coverage: 4, Decision coverage: 5
C. Statement coverage 4. Decision coverage 4
D. Statement coverage: 4. Decision coverage: 3
Answer: B

NEW QUESTION: 3
In DataWorks, we can configure alert policies to monitor
periodically scheduled tasks, so that an alert will be issued
timely. Currently DataWorks supports ________ alerts.
(Number of correct answers: 2)
A. Telephone
B. Email
C. Aliwangwang
D. Text message
Answer: B,D

NEW QUESTION: 4
Which of the following methods is used to perform server discovery?
A. Banner Grabbing
B. SQL Injection
C. Session Hijacking
D. Whois Lookup
Answer: D
Explanation:
Reference:http://luizfirmino.blogspot.com/2011/09/server-discovery.html


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