ACAMS CAMS Q&A - in .pdf

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NEW QUESTION: 1
An Organization tracks compensation that is not stored in the Benefit Balance, Element Entry, External
Data, and Payroll Balance source types. Which three statements are true about configuring
Compensation Items for a Compensation Statement? (Choose three.)
A. Effective Date can be used as Context when implementing the source type for such Items.
B. Currency can be used as Context when implementing the source type for such Items.
C. Legislative Data Group ID can be used as Context when implementing the source type for such Items.
D. Manager ID can be used as Context when implementing the source type for such Items.
E. Person ID can be used as Context when implementing the source type for such Items.
Answer: A,B,C

NEW QUESTION: 2
Which one of the following statements is correct about raw log messages?
A. Logs have a header and a body section. The header and body will change layout from one type of log message to another.
B. Logs have a header and a body section. The header will have the same layout for every log message. The body section will change layout from one type of log message to another.
C. Logs have a header and a body section. The header and body will have the same layout for every log message.
Answer: B

NEW QUESTION: 3
ABC Corporation has just issued $200 million of 6.5% $1,000 par value bonds at face value. Which of the following requirements in the indenture for these bonds would most likely be considered a negative covenant? ABC must:
A. have paid all bond coupon payments due before it can pay cash dividends.
B. maintain its manufacturing equipment in good condition.
C. make timely semiannual payments of interest and principal when due.
Answer: A

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