ACAMS CAMS Q&A - in .pdf

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  • Exam Code: CAMS
  • Exam Name: Certified Anti-Money Laundering Specialists (the 6th edition)
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NEW QUESTION: 1

A. Option A
B. Option B
C. Option C
D. Option D
Answer: A

NEW QUESTION: 2
A limitation on the scope of an audit sufficient to preclude an unqualified opinion will usually result when
management:
A. Refuses to disclose in the notes to the financial statements related party transactions authorized by the
Board of Directors.
B. Is unable to obtain audited financial statements supporting the entity's investment in a foreign
subsidiary.
C. Does not provide the auditor with an engagement letter specifying the responsibilities of both the entity
and the auditor.
D. Fails to correct a significant deficiency in internal control communicated to those charged with
governance after the prior year's audit.
Answer: B
Explanation:
Explanation/Reference:
Explanation:
Choice "A" is correct. Restrictions on the scope of the audit, such as the timing of the work, the inability to
obtain sufficient appropriate audit evidence, or an inadequacy in the accounting records, may require the
auditor to qualify or disclaim an opinion. Inability to obtain audited financial statements supporting the
entity's investment in a foreign subsidiary is such a restriction on the scope of the audit.
Choice "B" is incorrect. Client refusal to disclose related party transactions in the notes to the financial
statements is a GAAP problem, not a scope problem. For a GAAP problem, the auditor must either issue a
qualified or adverse opinion.
Choice "C" is incorrect. The auditor sends an engagement letter to the client, not vice versa.
Choice "D" is incorrect. Management may choose not to correct a significant deficiency in internal control if
the cost of correcting the condition outweighs the benefit.

NEW QUESTION: 3
DRAG DROP
You manage 50 computers that run Windows 10 Enterprise. You have a Microsoft Azure RemoteApp deployment. The deployment consists of a hybrid collection named Collection1.
All computers have the Hyper-V feature installed and have a virtual machine that runs Windows 7.
You plan to install applications named App1 and App2 and make them available to all users. App1 is a 32-bit application. App2 is a 64-bit application.
You need to identify the installation method for each application. The solution needs to minimize the number of installations.
Which deployment method should you identify for each application? To answer, drag the appropriate deployment methods to the correct applications. Each deployment method may be used once, more than once, or not at all. You may need to drag the split bar between panes or scroll to view content.
NOTE: Each correct selection is worth one point.

Answer:
Explanation:

Explanation:

Azure RemoteApp supports streaming 32-bit or 64-bit Windows-based applications.
Therefore, we can minimize the number of installations by installing the applications on Azure and making them available as Azure RemoteApps. This would mean one installation for App1 and one installation for App2.

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