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Vendor: ACAMS

Exam Code: CCAS Dumps

Questions and Answers: 104

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NEW QUESTION: 1
Which of the following processes is used to determine the quantitative or qualitative value of risk associated with the concrete condition and a recognized threat?
A. Risk assessment
B. Risk limitation
C. Identify risk
D. Risk modeling
Answer: A
Explanation:
Explanation/Reference:
Explanation:
Answer option D is correct.
The Risk assessment process is used to determine the quantitative or qualitative value of risk associated with the concrete condition and a recognized threat.
Risk assessment is a process on assessing risk while performing auditing that allows the auditor to determine the scope of the audit and assess the level of audit risk and error risk (the risk of errors occurring in the area being audited). Additionally, risk assessment will aid in planning decisions, such as:
The nature, extent, and timing of audit procedures.

The areas or business functions to be audited.

The amount of time and resources to be allocated to an audit.

Answer option A is incorrect. Identify risks is the process of determining which risks may affect the project.
It also documents risks' characteristics. It is part of the project risk management knowledge area. As new risks may evolve or become known as the project progresses through its life cycle, identify risks is an iterative process. The process should involve the project team so that they can develop and maintain a sense of ownership and responsibility for the risks and associated risk response actions. Risk register is the only output of this process.
Answer option B is incorrect. Risk modeling describes the utilization of formal econometric techniques to evaluate the aggregate risk in a financial portfolio. It refers to the subtasks within the broader area of financial modeling.
Risk modeling uses various techniques consisting of market risk, Value at Risk (VaR), Historical Simulation (HS), and Extreme Value Theory (EVT) so as to analyze a portfolio and make forecasts of the likely losses that would be incurred for a variety of risks. These risks are categorized into credit risk, liquidity risk, interest rate risk, and operational risk.
Answer option C is incorrect. Risk limitation is the method used to restrict the risk by implementing controls, which decreases the unfavorable impact of a threat that would exercise a threat. When a risk assessment is completed then the risk limitation process must be worked out. Through establishing risk levels, identifying threats, and selecting reasonable and prudent controls, management is limiting risk exposure.
Reference: "Project Management Body of Knowledge (PMBOK Guide), Fourth edition" Chapter: Quality and Risk Management Objective: Risk Identification and Assessment

NEW QUESTION: 2
Your company has a Microsoft 365 subscription.
The company deploys Microsoft Teams for 5,000 users.
You need to generate a report that contains the following information:
The number of active Microsoft Teams users during the last seven days.
The number of active team channels during the last seven days.
Which usage reports should you run?
A. Teams live event usage
B. Teams device usage
C. Teams usage
D. Teams user activity
Answer: C
Explanation:
Reference:
https://docs.microsoft.com/en-us/microsoftteams/teams-analytics-and-reports/teams-usage-report

NEW QUESTION: 3
What tool do you use to add event reason rules and workflow rules to the job information portlet?
Please choose the correct answer. Choose one:
A. Manage Configuration UI
B. Manage Organization, Pay and Job structures
C. Manage Business Configuration
D. Manage data
Answer: B

NEW QUESTION: 4
A company is investigating the purchase of desktop video endpoints, but requires them to have DVI-I inputs for sharing content. Which desktop video endpoint model supports DVI-I inputs?
A. EX60
B. MX700
C. MX800
D. DX650
Answer: A
Explanation:
Explanation/Reference:
Explanation:
Your EX60 has an HD display, which also may serve as your PC screen. Connect your PC to the DVI and Mini-jack sockets on the rear panel as shown below. DVI-D to DVI-I cable is recommended to get a high resolution image Reference: http://www.cisco.com/c/dam/en/us/td/docs/telepresence/endpoint/ex-series/tc4/user_guide/ ex60_user_guide_tc40.pdf


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