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  • Exam Number/Code : CFE-Financial-Transactions-and-Fraud-Schemes
  • Exam Name : Certified Fraud Examiner - Financial Transactions and Fraud Schemes Exam
  • Questions and Answers : 260 Q&As
  • Price: $ 99.00 $ 39.00

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NEW QUESTION: 1
Disk read/write performance on a VM is very low. The VM storage is hosted on an iSCSI LUN on a RAID 5 array with Fibre Channel drives. Which of the following is the BEST explanation for this poor performance?
A. Too few NICs in the host link team
B. Multipathing software is configured incorrectly on the VM
C. QoS should be implemented to eliminate application chatter
D. Inadequate Fibre Channel switch capacity
Answer: A

NEW QUESTION: 2
If an IS auditor observes that an IS department fails to use formal documented methodologies, policies, and standards, what should the auditor do? Choose the BEST answer.
A. The auditor should at least document the informal standards and policies, and test for compliance. Furthermore, the IS auditor should create formal documented policies to be implemented.
B. Lack of IT documentation is not usually material to the controls tested in an IT audit.
C. The auditor should at least document the informal standards and policies. Furthermore, the IS auditor should create formal documented policies to be implemented.
D. The auditor should at least document the informal standards and policies, and test for compliance. Furthermore, the IS auditor should recommend to management that formal documented policies be developed and implemented.
Answer: D
Explanation:
Explanation/Reference:
If an IS auditor observes that an IS department fails to use formal documented methodologies, policies, and standards, the auditor should at least document the informal standards and policies, and test for compliance. Furthermore, the IS auditor should recommend to management that formal documented policies be developed and implemented.

NEW QUESTION: 3
Which of the following actions is NOT an adverse action?
A. Refusal to grant credit on substantially the same terms and conditions as requested by the applicant
B. Termination of an account
C. Refusal to increase the amount of credit on an existing account after a request
D. Refusal to grant credit on the grounds that the lender does not offer the type of credit requested
Answer: D

 

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