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

60 Questions & Answers
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NEW QUESTION: 1
You are building the data store solution for Mechanical Workflow.
How should you configure Table1? To answer, select the appropriate options in the answer area.
NOTE: Each correct selection is worth one point.

Answer:
Explanation:

Explanation

Table Type: Hash distributed.
Hash-distributed tables improve query performance on large fact tables.
Index type: Clusted columnstore
Scenario:
Mechanical Workflow has a named Table1 that is 1 TB. Large aggregations are performed on a single column of Table 1.
References:
https://docs.microsoft.com/en-us/azure/sql-data-warehouse/sql-data-warehouse-tables-distribute

NEW QUESTION: 2
On January 2, 1993, Quo, Inc. hired Reed to be its controller. During the year, Reed, working closely with Quo's president and outside accountants, made changes in accounting policies, corrected several errors dating from 1992 and before, and instituted new accounting policies.
Quo's 1993 financial statements will be presented in comparative form with its 1992 financial statements.
This question represents one of Quo's transactions. List B represents the general accounting treatment required for these transactions. These treatments are:
* Cumulative effect approach - Include the cumulative effect of the adjustment resulting from the accounting change or error correction in the 1993 financial statements, and do not restate the 1992 financial statements.
* Retroactive or retrospective restatement approach - Restate the 1992 financial statements and adjust 1992 beginning retained earnings if the error or change affects a period prior to 1992.
* Prospective approach - Report 1993 and future financial statements on the new basis but do not restate 1992 financial statements.
Item to Be Answered
As a result of a production breakthrough, Quo determined that manufacturing equipment previously depreciated over 15 years should be depreciated over 20 years.
List B (Select one)
A. Retroactive or retrospective restatement approach.
B. Cumulative effect approach.
C. Prospective approach.
Answer: C

NEW QUESTION: 3
A web startup wants to implement single sign-on where its customers can log on to the site by suing their personal and existing corporate email credentials regardless of which company they work for. Is this directly supported by SAML?
A. Mo not without extensive partnering and API integration with all required email providers
B. Yes SAML can use oauth2 to provide this functionality out of the box
C. No a better approach would be to use required email providers LDAP or RADIUS repositories
D. Yes SAML is a web based single sign-on implementation exactly fir this purpose
Answer: A

NEW QUESTION: 4
Which two are required for a user to successfully run a script that uses the Execute SQL script step?
(Choose two.)
A. An ODBC Data Source Name (DSN) on the computer executing the script
B. INSERT, UPDATE, and DELETE privileges in the data source
C. A table occurrence on the relationship graph to the shadow table
D. A compatible ODBC driver on the computer executing the script
Answer: A,D


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