ACAMS Advanced-CAMS-Audit Q&A - in .pdf

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  • Q & A: 365 Questions and Answers
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NEW QUESTION: 1
Which BCMS process analyzes the adequacy of the business continuity capability using defined targets and performance indicators?
A. Development and Management
B. Performance Evaluation
C. Policy Formulation
D. Management Review
Answer: B

NEW QUESTION: 2
Your network contains an Active Directory domain named contoso.com.
You download Microsoft Security Compliance Toolkit 1.0 and all the security baselines.
You need to deploy one of the security baselines to all the computers in an organizational unit (OU) named OU1.
What should you do?
A. Run 1gpo.exe and specify the /g parameter. From Policy Analyzer, click Add.
B. From Group Policy Management, create and link a Group Policy object (GPO). Run 1gpo.exe and specify the /g parameter.
https://docs.microsoft.com/en-us/windows-server/identity/ad-fs/deployment/distribute-certificates-to-client-computers-by-using-group-policy
C. From Group Policy Management, click Group Policy Objects, and then click Manage Backups...
D. From Group Policy Management, create and link a Group Policy object (GPO). Select the GPO and run the Import Settings Wizard.
Answer: D

NEW QUESTION: 3
The amount of gross profit to be recognized in Year 1 on Year 1 installment sales is:
A. US $4,000
B. US $800
C. US $3,200
D. US $2,000
Answer: B
Explanation:
In Year 1 cash receipts were US $2,000 from Year 1 installment sales. The gross profit realized is the gross profit on the portion of sales for which payment has been received.
This amount equals the Year 1 gross profit percentage multiplied by the cash receipts or US $800 {[($10.000 - $6,000) $10,000] x $2.000}. An entity sells goods on an installment basis. The table below includes information about the level of installment sales, the cost of the goods sold on installment, and the cash receipts on installment sales for Year 1 through Year 3. All cash receipt amounts shown are net of any interest charges.

NEW QUESTION: 4
You are working in an enterprise. Assuming that your enterprise periodically compares finished goods inventory levels to the perpetual inventories in its ERP system. What kind of information is being provided by the lack of any significant differences between perpetual levels and actual levels?
A. Direct information
B. Risk management plan
C. Risk audit information
D. Indirect information
Answer: D
Explanation:
Explanation/Reference:
Explanation:
The lack of any significant differences between perpetual levels and actual levels provides indirect information that its billing controls are operating. It does not provide any direct information.
Incorrect Answers:
A: It does not provide direct information as there is no information about the propriety of cutoff.
C, D: These are not the types of information.

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