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Vendor: ACAMS

Exam Code: CCAS Dumps

Questions and Answers: 104

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NEW QUESTION: 1
Scenario:
CGE is experiencing numerous issues with its existing profile management solution. The Citrix Architect managing the project is tasked with designing a solution that alleviates existing issues and, if possible, minimizes the loss of existing customizations. Configuration changes need to be implemented quickly and with minimal complexity.
Why does enabling 'Offline profile support' when configuring Citrix Profile management to allow standardization of profiles benefit CGE's Sales end-user group?
A. It improves data accuracy in volatile environments.
B. It minimizes the required storage needed for folder redirection.
C. It simplifies home drive cleanup.
D. It allows faster logon/logoff.
Answer: D

NEW QUESTION: 2
The unexpected loss for a credit portfolio at a given VaR estimate is defined as:
A. VaR - Expected Loss
B. max(Actual Loss - Expected Loss, 0)
C. Actual Loss - Expected Loss
D. Actual Loss - VaR
Answer: A
Explanation:
Explanation
Unexpected loss for a credit portfolio refers to the excess of the VaR estimate over the average expected loss.
The term 'unexpected loss' has this specific meaning in the context of credit risk, and not any other intuitive meaning. So if for a portfolio worth $100m expected losses are 4%, and the credit VaR at 99% is $12m, then unexpected losses at that VaR quintile are $8m. This is unrelated to actual realized losses versus expected losses.
Therefore Choice 'd' is the correct answer and the others are not.
Unexpected loss is used to determine the capital reserves to be maintained against a credit portfolio at a certain level of confidence.

NEW QUESTION: 3
Refer to the exhibit.

The numbers on the floor plan represent the horizontal average lux readings for nine different room areas.
Considering Cisco best practices, what can you conclude about the lighting conditions?
A. The areas do not meet the room lighting levels that are recommended by Cisco.
B. Only three areas do not meet the room lighting levels that are recommended by Cisco.
C. All areas meet the room lighting levels that are recommended by Cisco.
D. Only three areas meet the room lighting levels that are recommended by Cisco.
Answer: B


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