Associate CAMS Level Exam - CAMS Original Questions, Test Certified Anti-Money Laundering Specialists (the 6th edition) Lab Questions - Fridaynightfilms

CAMS real exams

Exam Code: CAMS

Exam Name: Certified Anti-Money Laundering Specialists (the 6th edition)

Version: V13.25

Q & A: 72 Questions and Answers

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NEW QUESTION: 1
In 2004, your Uncle Oscar purchased 300 shares of Hasbro, Inc. for $19 a share. Uncle Oscar died earlier year and left his Hasbro stock to you. The stock was selling for $44 on the day he died, but by the time you learned that you were the beneficiary of the stock, the price was $47.
What is your cost basis in Hasbro?
A. $19
B. $44
C. $47
D. $28
Answer: B
Explanation:
Explanation/Reference:
Explanation: Since Hasbro was selling for $44 on the day Uncle Oscar died, this is your cost basis. The cost basis of an inherited investment is the market value of the investment on the date that the person died.

NEW QUESTION: 2
Study the Exhibit below carefully:

Illustrated above is a router that is summarising the networks on the left as it advertises them to the singular network on the right. Which summarization route will be advertised?
A. 198.17.0.0/21
B. 198.17.0.0/27
C. 198.17.0.0/22
D. 198.17.0.0/24
E. 198.17.0.0/26
Answer: A
Explanation:
Advertised would be the network address which consists of bits, which are common for all networks. Hence, here it is 198.17.0.0/21

NEW QUESTION: 3
What types of addresses are part of encapsulation at the transport layer?
A. Source and destination email addresses
B. Source and destination IP addresses
C. Source and destination port numbers
D. Source and destination MAC addresses
Answer: C

NEW QUESTION: 4
You are an order processor at Contoso, Ltd.
You create a new sales order for a wholesale company. Later, the sales manager at Contoso, Ltd. for the wholesales account informs you that their company has a sales agreement for a 10 percent discount on apparel items.
You need to ensure that the discount is applied correctly to the order and that the order updates the fulfillment of the sales agreement.
What should you do?
A. Put the sales order on hold, and then create a release from the sales agreement.
B. Update the existing sales order lines to link to the sales agreement by using the Price details option under the Sales order line button on the sales order.
C. Delete the sales order, and then create a new sales order by using the Copy from journal function.
D. Update the existing sales order lines to link to the sales agreement by using the Create link option under the Update line button on the sales order.
Answer: D

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