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CGEIT real exams

Exam Code: CGEIT

Exam Name: Certified in the Governance of Enterprise IT Exam

Version: V13.25

Q & A: 72 Questions and Answers

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NEW QUESTION: 1
A chain of custody shows who ______ _________ and _________.(Choose three)
A. Who presented the evidence
B. Secured the evidence
C. Who controlled the evidence
D. Obtained the evidence
E. Who transcribed the evidence
F. Who validated the evidence
Answer: B,C,D
Explanation:
The chain of evidence shows who obtained the evidence, who secured the evidence, and who controlled the evidence.

NEW QUESTION: 2
On the network shown in the figure, all routers run OSPF and the cost value is above the link. Which of the following is the path for Router A to send packets to 10.0.0.0/8?

A. A-B-D
B. A-C-D
C. RA fails to reach 10.0.0.0/8.
D. A-D
Answer: C

NEW QUESTION: 3
Which of the following statements are true:
I. An interest rate swap is equivalent to the swap counterparties placing deposits with each other, one carrying a fixed rate of interest and the other a floating rate II. The parties to a currency swap exchange principals III. The risky leg in an IRS is the floating rate leg IV. Swaps do not carry counterparty risks
A. III and IV
B. I and II
C. I, II and III
D. I, II, III and IV
Answer: B
Explanation:
Explanation
Statement I correctly describes an IRS.
Statement II is correct - in an IRS the parties do not exchange the principal or the notional amounts as they are in the same currency and can be netted off, but in a currency swap the amounts are in different currencies that cannot be netted (not at least without doing a spot transaction simultaneously), and principals are exchanged.
Statement III is incorrect as the floating rate leg actually is subject to no risk as it resets itself to the current interest rate. The true risk is in the fixed leg which is sensitive to changes in interest rates.
Swaps carry counterparty risks just like any other OTC contract, therefore statement IV is false.

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