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Exam Code: CAMS
Exam Name: Certified Anti-Money Laundering Specialists
Vendor: ACAMS

60 Questions & Answers
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NEW QUESTION: 1
A project manager of a project that is scheduled to take 18 months to complete announces that the project is in a healthy financial position because, after 6 months, only one-sixth of the budget has been spent. The IS auditor should FIRST determine:
A. what amount of progress against schedule has been achieved.
B. if the project could be brought in ahead of schedule.
C. if the budget savings can be applied to increase the project scope.
D. if the project budget can be reduced.
Answer: A
Explanation:
Explanation/Reference:
Explanation:
Cost performance of a project cannot be properly assessed in isolation of schedule performance. Cost cannot be assessed simply in terms of elapsed time on a project. To properly assess the project budget position it is necessary to know how much progress has actually been made and, given this, what level of expenditure would be expected. It is possible that project expenditure appears to be low because actual progress has been slow. Until the analysis of project against schedule has been completed, it is impossible to know whether there is any reason to reduce budget, if the project has slipped behind schedule, then not only may there be no spare budget but it is possible that extra expenditure may be needed to retrieve the slippage. The low expenditure could actually be representative of a situation where the project is likely to miss deadlines rather than potentially come in ahead of time. If the project is found to be ahead of budget after adjusting for actual progress, this is not necessarily a good outcome because it points to flaws in the original budgeting process; and, as said above, until further analysis is undertaken, it cannot be determined whether any spare funds actually exist. Further, if the project is behind schedule, then adding scope may be the wrong thing to do.

NEW QUESTION: 2
선제 적 권리를 가진 보통 주주들은 :
A. 회사가 판매 한 추가 채권을 구매하십시오.
B. 연례 회의에서 먼저 투표하십시오.
C. 기업이 판매 한 추가 주식을 구입하십시오.
D. 대리 싸움에서 실체를 통제하십시오.
Answer: C
Explanation:
Preemptive rights protect ordinary shareholders, proportional ownership interests from dilution in value. A secondary purpose is to maintain the shareholders' control of the entity. Accordingly, the preemptive right, whether granted by statute or by the corporate charter, grants ordinary shareholders the power to acquire on a pro rata basis any additional ordinary shares sold by the entity. Preemptive rights also apply to debt convertible into ordinary shares.

NEW QUESTION: 3
What is required to use a .NET node?
A. .NET assembly
B. Named .NET application domain
C. .NET node template
D. DotNetAppDomain configurable service
Answer: B


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