CAMS Vce Exam | Standard CAMS Answers & Online CAMS Training Materials - Cads-Group

  • Exam Number/Code : CAMS
  • Exam Name : Certified Anti-Money Laundering Specialists
  • Questions and Answers : 260 Q&As
  • Price: $ 99.00 $ 39.00

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NEW QUESTION: 1
The information classification scheme should:
A. be performed by the information security manager.
B. consider possible impact of a security breach.
C. classify personal information in electronic form.
D. classify systems according to the data processed.
Answer: B
Explanation:
Explanation
Data classification is determined by the business risk, i.e., the potential impact on the business of the loss, corruption or disclosure of information. It must be applied to information in all forms, both electronic and physical (paper), and should be applied by the data owner, not the security manager. Choice B is an incomplete answer because it addresses only privacy issues, while choice A is a more complete response. Data classification is determined by the business risk, i.e., the potential impact on the business of the loss, corruption or disclosure of information. It must be applied to information in all forms, both electronic and physical (paper), and should be applied by the data owner, not the security manager.

NEW QUESTION: 2
WildFire Analysis Reports are available for the following Operating Systems (select all that apply)
A. Windows 7
B. Mac OS-X
C. Windows 8
D. Windows XP
Answer: A,C,D

NEW QUESTION: 3
SCENARIO
Carol was a U.S.-based glassmaker who sold her work at art festivals. She kept things simple by only accepting cash and personal checks.
As business grew, Carol couldn't keep up with demand, and traveling to festivals became burdensome. Carol opened a small boutique and hired Sam to run it while she worked in the studio. Sam was a natural salesperson, and business doubled. Carol told Sam, "I don't know what you are doing, but keep doing it!" But months later, the gift shop was in chaos. Carol realized that Sam needed help so she hired Jane, who had business expertise and could handle the back-office tasks. Sam would continue to focus on sales. Carol gave Jane a few weeks to get acquainted with the artisan craft business, and then scheduled a meeting for the three of them to discuss Jane's first impressions.
At the meeting, Carol could not wait to hear Jane's thoughts, but she was unprepared for what Jane had to say.
"Carol, I know that he doesn't realize it, but some of Sam's efforts to increase sales have put you in a vulnerable position. You are not protecting customers' personal information like you should." Sam said, "I am protecting our information. I keep it in the safe with our bank deposit. It's only a list of customers' names, addresses and phone numbers that I get from their checks before I deposit them. I contact them when you finish a piece that I think they would like. That's the only information I have! The only other thing I do is post photos and information about your work on the photo sharing site that I use with family and friends. I provide my email address and people send me their information if they want to see more of your work. Posting online really helps sales, Carol. In fact, the only complaint I hear is about having to come into the shop to make a purchase." Carol replied, "Jane, that doesn't sound so bad. Could you just fix things and help us to post even more online?"
'I can," said Jane. "But it's not quite that simple. I need to set up a new program to make sure that we follow the best practices in data management. And I am concerned for our customers. They should be able to manage how we use their personal information. We also should develop a social media strategy." Sam and Jane worked hard during the following year. One of the decisions they made was to contract with an outside vendor to manage online sales. At the end of the year, Carol shared some exciting news. "Sam and Jane, you have done such a great job that one of the biggest names in the glass business wants to buy us out!
And Jane, they want to talk to you about merging all of our customer and vendor information with theirs beforehand." Which regulator has jurisdiction over the shop's data management practices?
A. The Federal Communications Commission.
B. The Department of Commerce.
C. The Federal Trade Commission.
D. The Data Protection Authority.
Answer: C

NEW QUESTION: 4
A sales specialist is preparing a proposal for a customer whose internal cost for borrowing money is 5%.
What should be highlighted in the proposal?
A. The Return On Investment is greater than 6%.
B. The lease note will be above 5%.
C. The Total Cost of Ownership is positive by at least 5%.
D. The Net Present Value is 5 months or less.
Answer: A

 

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CAMS Vce Exam | Standard CAMS Answers & Online CAMS Training Materials - Cads-Group


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