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  • Exam Number/Code : CAMS
  • Exam Name : Certified Anti-Money Laundering Specialists
  • Questions and Answers : 260 Q&As
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NEW QUESTION: 1
If the loss given default is denoted by L, and the recovery rate by R, then which of the following represents the relationship between loss given default and the recovery rate?
A. R = 1 / L
B. R = 1 + L
C. L = 1 + R
D. R = 1 - L
Answer: D
Explanation:
Explanation
When a default occurs, the proportion of the exposure represented by the recovery rate is recovered. For example, if the recovery rate is 40% for a loan, the actual loss in the event of a default would be $60 for a
$100 loan. In other words, the loss given default = 1 - recovery rate. Hence Choice 'd' is the correct answer.
All other choices are incorrect.

NEW QUESTION: 2
Which two authentication methods use security adapters to authenticate against directory servers?
A. LDAP authentication
B. Database authentication
C. ADSI authentication
D. Web Single Sign-On (Web SSO)
Answer: A,C
Explanation:
Reference: http://docs.oracle.com/cd/B40099_02/books/Secur/Secur_SecAdaptAuth8.html

NEW QUESTION: 3
ABC Company offers trade terms of 2/10 NET 30. For several reasons, ABC has decided to eliminate the requirement for a letter of credit from one of its customers. If ABC puts the
customer on open book credit, what is the MOST LIKELY outcome?
A. The customer's working capital has deteriorated.
B. ABC's credit rating will suffer.
C. The customer's cost of borrowing will increase.
D. ABC's working capital is unchanged.
Answer: D

NEW QUESTION: 4
A 32-year-old man presented to the emergency department after becoming acutely unwell. He had a 5-year history of type 1 diabetes mellitus and no other significant medical history.
On examination, he was apyrexial, his pulse was 120 beats per minute, his blood pressure was 96/58 mmHg and his respiratory rate was 32 breaths per minute.
Investigations:
random plasma glucose14.2 mmol/L
arterial blood gases, breathing 60% oxygen:
PO28.9 kPa (11.3-12.6)
PCO22.6 kPa (4.7-6.0)
pH7.10 (7.35-7.45)
H+79 nmol/L (35-45)
bicarbonate6.1 mmol/L (21-29)
base excess-18 mmol/L (+-2)
What diagnosis is most likely to account for these results?
A. acute asthma
B. diabetic ketoacidosis and pulmonary embolism
C. acute myocardial infarction
D. salicylate poisoning
E. diabetic ketoacidosis
Answer: B

 

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