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Exam Code: Advanced-CAMS-Audit
Exam Name: Advanced CAMS-Audit Certification Exam
Vendor: ACAMS

60 Questions & Answers
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NEW QUESTION: 1
Suspecting fraud,the chief financial officer (CFO) asked the internal audit activity to investigate a significant increase in travel related expenditures. Work was performed by a qualified internal auditor. Following the completion of the engagement,the chief audit executive (CAE) reported to the CFO that no violations were found and no fraud had occurred.
According to the Standards,which of the following principles did the CAE violate?
A. Proficiency.
B. Organizational independence.
C. Due professional care.
D. Individual objectivity.
Answer: C

NEW QUESTION: 2
Which of the following correctly states a limitation in the use of static analysis tools? [K1]
A. Static analysis tools can be applied to new code but cannot be applied to existing code
B. Static analysis tools do not generate warning messages when applied to existing code
C. Static analysis tools can be used to enforce coding standards
D. Static analysis tools always generate large numbers of warning messages when applied to new code, even if the code meets coding standards
Answer: C

NEW QUESTION: 3
Stephanie works as senior security analyst for a manufacturing company in Detroit. Stephanie manages network security throughout the organization. Her colleague Jason told her in confidence that he was able to see confidential corporate information posted on the external website http://www.jeansclothesman.com. He tries random URLs on the company's website and finds confidential information leaked over the web. Jason says this happened about a month ago. Stephanie visits the said URLs, but she finds nothing. She is very concerned about this, since someone should be held accountable if there was sensitive information posted on the website.
Where can Stephanie go to see past versions and pages of a website?
A. She should go to the web page Samspade.org to see web pages that might no longer be on the website
B. If Stephanie navigates to Search.com; she will see old versions of the company website
C. Stephanie can go to Archive.org to see past versions of the company website
D. AddressPast.com would have any web pages that are no longer hosted on the company's website
Answer: C

NEW QUESTION: 4
The PRIMARY objective of implementing corporate governance by an organization's management is to:
A. implement best practices.
B. provide strategic direction.
C. align IT with business.
D. control business operations.
Answer: B
Explanation:
Explanation/Reference:
Explanation:
Corporate governance is a set of management practices to provide strategic direction, thereby ensuring that goals are achievable, risks are properly addressed and organizational resources are properly utilized.
Hence, the primary objective of corporate governance is to provide strategic direction. Based on the strategic direction, business operations are directed and controlled.


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