C-S4CFI-2302 Exam Questions

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Full Exam Name: Certified Application Associate - SAP S/4HANA Cloud public edition - Finance
Vendor Name: SAP
Exam Code: C-S4CFI-2302
Questions with Answers (PDF) 65
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NEW QUESTION: 1
A statement in the annual report of a bank states that the 10-day VaR at the 95% level of confidence at the end of the year is $253m. Which of the following is true:
I. The maximum loss that the bank is exposed to over a 10-day period is $253m.
II. There is a 5% probability that the bank's losses will not exceed $253m III. The maximum loss in value that is expected to be equaled or exceeded only 5% of the time is $253m IV. The bank's regulatory capital assets are equal to $253m
A. III only
B. I and III
C. II and IV
D. I and IV
Answer: A
Explanation:
Explanation
Statement I is not correct as VaR does not set an upper limit on losses. In this case, the bank expects the losses to exceed $253m 5% of the times, and the VaR number does not indicate any theoretical maximum amount of losses.Statement II is incorrect as there is a 95% (and not 5%) probability that the bank's losses will not exceed
$253mStatement III is correct and describes VaR.Statement IV is incorrect, as regulatory capital is a more complex computation for which VaR is only one of the various input.Therefore Choice 'b' is the correct answer.

NEW QUESTION: 2
Upon receiving a complaint about one of its member firms, FINRA may:
I. require any person associated with the member firm to provide information to FINRA and to testify under
oath.
II. inspect and copy the books, records and accounts of the member firm.
III. share information obtained from its investigation of a member firm with a foreign regulatory agency.
A. I and II only
B. II only
C. II and III only
D. I, II, and III
Answer: D
Explanation:
Upon receiving a complaint about one of its member firms, FINRA may require any person
associated with the member firm to provide information and to testify under oath; it may inspect and copy
the books, records, and accounts of the member firm; and it may share information obtained from its
investigation of a member firm with a foreign regulatory agency. The foreign regulator must agree to treat
the information confidentiality, and the agreement with the foreign regulator is predicated on two
requirements: "(A) the other regulator party to the agreement must have jurisdiction over common
regulatory matters; and (B) the agreement must require the other regulator to reciprocate and share with
FINRA information of regulatory interest or concern to FINRA."

NEW QUESTION: 3
AWSでは、どのセキュリティの側面がお客様の責任ですか? 4つの答えを選択してください
A. コンピューティングリソースへの物理アクセスの制御
B. EC2インスタンスのオペレーティングシステムでのパッチ管理
C. IAM認証情報のライフサイクル管理
D. EBS(Elastic Block Storage)ボリュームの暗号化
E. ストレージデバイスの廃止
F. セキュリティグループとACL(アクセス制御リスト)の設定
Answer: B,C,D,F
Explanation:
Physical and Environmental Security
AWS's data centers are state of the art, utilizing innovative architectural and engineering approaches. Amazon has many years of experience in designing, constructing, and operating large-scale data centers. This experience has been applied to the AWS platform and infrastructure. AWS data centers are housed in nondescript facilities. Physical access is strictly controlled both at the perimeter and at building ingress points by professional security staff utilizing video surveillance, intrusion detection systems, and other electronic means. Authorized staff must pass two-factor authentication a minimum of two times to access data center floors. All visitors and contractors are required to present identification and are signed in and continually escorted by authorized staff.
Storage Decommissioning
* When a storage device has reached the end of its useful life, AWS procedures include a decommissioning process that is designed to prevent customer data from being exposed to unauthorized individuals.
* AWS uses the techniques detailed in DoD 5220.22-M (National Industrial Security Program Operating Manual) or NIST 800-88 (Guidelines for Media Sanitization) to destroy data as part of the decommissioning process.
* All decommissioned magnetic storage devices are degaussed and physically destroyed in accordance with industry-standard practices.

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