Exam Code: CFCS
Exam Name: Financial Crime Specialist
Version: V13.25
Q & A: 72 Questions and Answers
CFCS Free Demo download
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NEW QUESTION: 1
Under U.S. GAAP, impairment of an asset must be recognized in a firm's accounts when:
A. the carrying value of the asset is higher than the present value of expected future cash flows from the use of the asset plus its discounted disposal value.
B. the carrying value of the asset is higher than the expected future cash flows from the use of the asset plus its disposal value.
C. there has been a decrease in the market value of the asset.
Answer: B
Explanation:
A does not automatically lead to a write down if the value of the asset can be recovered through future cash flows. C is not correct; this is one of the calculations that can be done to work out the size of the loss on an impaired asset.
NEW QUESTION: 2
The current proposed solution for the Los Angeles site does not meet the business requirements. You need to review, and if required, recommend changes to the planned implementation.
What should you do?
A. Configure a backup registrar relationship between the servers in Los Angeles Site and
Rome site.
B. Add another Standard Edition to Los Angeles site and configure pool pairing.
C. Replace Standard Edition server with Enterprise Edition pool in Los Angeles site.
D. Implement the single Standard Edition on a highly available virtualization platform.
E. Configure pool pairing between the servers in Los Angeles site and Rome site.
Answer: C
NEW QUESTION: 3
HOTSPOT
Answer:
Explanation:
Explanation:
NEW QUESTION: 4
Note: This question is part of a series of questions that present the same scenario. Each question in the series contains a unique solution that might meet the stated goals. Some question sets might have more than one correct solution, while others might not have a correct solution.
After you answer a question in this sections, you will NOT be able to return to it. As a result, these questions will not appear in the review screen.
You attempt to restore a database on a new SQL Server instance and receive the following error message:
"Msg 33111, Level 16, State 3, Line 2
Cannot find server certificate with thumbprint
'0x7315277C70764B1F252DC7A5101F6F66EFB1069D."
You need to ensure that you can restore the database successfully.
Solution: You add the backup set password to the restore command.
Does this meet the goal?
A. No
B. Yes
Answer: A
Explanation:
The error is related to the certificate.
References: https://dba.stackexchange.com/questions/3388/restore-encrypted-database- to-another-server?rq=1
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