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Exam Code: CFCS
Exam Name: Financial Crime Specialist
Vendor: ACFCS

60 Questions & Answers
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NEW QUESTION: 1
Note: This question is part of a series of questions that present the same scenario. Each question in the series contains a unique solution that might meet the stated goals. Some question sets might have more than one correct solution, while others might not have a correct solution.
After you answer a question in this section, you will NOT be able to return to it. As a result, these questions will not appear in the review screen.
You are developing a website that will run as an Azure Web App. Users will authenticate by using their Azure Active Directory (Azure AD) credentials.
You plan to assign users one of the following permission levels for the website: admin, normal, and reader. A user's Azure AD group membership must be used to determine the permission level.
You need to configure authorization.
Solution:
Create a new Azure AD application. In the application's manifest, define application roles that match the required permission levels for the application.
Assign the appropriate Azure AD group to each role. In the website, use the value of the roles claim from the JWT for the user to determine permissions.
Does the solution meet the goal?
A. No
B. Yes
Answer: A
Explanation:
To configure Manifest to include Group Claims in Auth Token
Go to Azure Active Directory to configure the Manifest. Click on Azure Active Directory, and go to App registrations to find your application:
Click on your application (or search for it if you have a lot of apps) and edit the Manifest by clicking on it.
Locate the "groupMembershipClaims" setting. Set its value to either "SecurityGroup" or "All". To help you decide which:
"SecurityGroup" - groups claim will contain the identifiers of all security groups of which the user is a member.
"All" - groups claim will contain the identifiers of all security groups and all distribution lists of which the user is a member Now your application will include group claims in your manifest and you can use this fact in your code.
Reference:
https://blogs.msdn.microsoft.com/waws/2017/03/13/azure-app-service-authentication-aad-groups/

NEW QUESTION: 2
Which statement about Dynamic ARP Inspection is true ?
A. DAI intercepts all ARP requests and responses on trusted ports only
B. DAI associates a trust state with each switch
C. In a typical network, you make all ports as trusted expect for the ports connection to switches , which areuntrusted
D. DAI determines the validity of an ARP packet based on valid IP to MAC address binding from the DHCPsnooping database
E. DAI cannot drop invalid ARP packets
Answer: D

NEW QUESTION: 3
In his determination of a project's NPV and IRR, a financial analyst with Smith, Kleen, & Beetchnutty indexes the project's anticipated cash flows for the expected effects of inflation. However, the discount rate applied to these cash flows does not factor an adjustment for inflation. Assuming a positive inflation figure for the every period in the project's lifespan, which of the following correctly describes the effects of the omission on the NPV and IRR calculations?
A. NPV will be biased downward, IRR will be biased upward
B. NPV and IRR will be biased downward
C. NPV will be biased downward, IRR will be unaffected
D. NPV will be biased upward, IRR will be unaffected
E. NPV and IRR will be biased upward
F. NPV will remain unaffected, IRR will be biased downward
Answer: D
Explanation:
Explanation/Reference:
Explanation:
By failing to include an the effects of anticipated inflation in the discount rate applied to the project's cash inflows, this analyst is creating a situation in which the NPV calculations will be biased upward. This is due to the fact that the project's inflows have been adjusted for the anticipated effects of POSITIVE inflation, i.e. these cash flows have been indexed upward, while at the same time the rate at which these cash flows are being discounted has not increased. In effect, the cash inflows of the project are being overstated, and this will lead to an upward bias in the NPV calculation. Remember that the Internal Rate of Return calculation does not specify an explicit discount rate, rather calculates the discount rate that equates the cash inflows of a project with its cash outflows. The fact that this analyst has not incorporated the effects of inflation into the discount rate has no bearing on IRR, because the IRR equation does not call for a discount rate.


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