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Exam Code: L3M3
Exam Name: Contract Administration
Vendor: CIPS

60 Questions & Answers
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NEW QUESTION: 1
The following information applies to Brandon Company.

Forty percent of purchases are paid for in cash at the time of purchase, and 30 percent is paid for in each
of the next two months. Purchases for the previous November and December were $150,000 per month.
Payroll is 10 percent of sales in the month it occurs, and operating expenses are 20 percent of the
following months sales (July sales were $220,000). Interest payments were $20,000 paid quarterly in
January and April. Brandon's cash disbursements for the month of April were:
A. $254,000
B. $152,000
C. $248,000
D. $200,000
Answer: A
Explanation:
Choice "d" is correct. Cash disbursements in April would include paying for purchases made in February
and March. It would also include payroll expense and operating expenses. The calculation would be:
Choices "a", "b", and "c" are incorrect, per above calculations.


NEW QUESTION: 2
What combination enabled real-time computing?
Please choose the correct answer.
Response:
A. Multicore CPUs with large level 1 caches
B. Multicore CPUs and solid-state disks
C. In-memory technology and multicore CPUs
D. In-memory technology with solid-state disks
Answer: C

NEW QUESTION: 3
The Chief Information Security Officer (CISO) is asking for ways to protect against zero-day exploits.
The CISO is concerned that an unrecognized threat could compromise corporate data and result in regulatory fines as well as poor corporate publicity. The network is mostly flat, with split staff/guest wireless functionality. Which of the following equipment MUST be deployed to guard against unknown threats?
A. Cloud-based antivirus solution, running as local admin, with push technology for definition updates.
B. Implementation of an offsite data center hosting all company data, as well as deployment of VDI for all client computing needs.
C. Behavior based IPS with a communication link to a cloud based vulnerability and threat feed.
D. Host based heuristic IPS, segregated on a management VLAN, with direct control of the perimeter firewall ACLs.
Answer: C
Explanation:
Good preventive security practices are a must. These include installing and keeping firewall policies carefully matched to business and application needs, keeping antivirus software updated, blocking potentially harmful file attachments and keeping all systems patched against known vulnerabilities.
Vulnerability scans are a good means of measuring the effectiveness of preventive procedures. Realtime protection: Deploy inline intrusion-prevention systems (IPS) that offer comprehensive protection. When considering an IPS, seek the following capabilities: network-level protection, application integrity checking, application protocol Request for Comment (RFC) validation, content validation and forensics capability. In this case it would be behavior-based IPS with a communication link to a cloud-based vulnerability and threat feed.
Incorrect Answers:
A: A cloud-based anti-virus solution will not protect against a zero-day exploit.
B: Due to the nature of zero-day exploits an off-site data center hosting solution for the company data is not the best protection against a zero-day exploit.
C: The best protection against zero-day exploits are behavior-based IPS and not hos-based heuristic IPS.
References:
Gregg, Michael, and Billy Haines, CASP CompTIA Advanced Security Practitioner Study Guide, John
Wiley & Sons, Indianapolis, 2012, p. 194
https://en.wikipedia.org/wiki/Zero-day_%28computing%29

NEW QUESTION: 4
Which of these is part of mission critical substation communications (Operation Data)?
A. physical access (deny access)
B. physical security alarm
C. fault detection and restoration
D. workstation email
Answer: C


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