Shared Assessments CTPRP Q&A - in .pdf

  • CTPRP pdf
  • Exam Code: CTPRP
  • Exam Name: Certified Third-Party Risk Professional (CTPRP)
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NEW QUESTION: 1
Which is a responsibility of the senior team role?
A. Agree the timing of risk progress reports for an activity
B. Specify the required budget to fund risks
C. Document the importance of risk management towards achieving organizational objectives
D. Approve assessments of risk probability, impact and proximity
Answer: C

NEW QUESTION: 2
Big Easy Investment Banking, Inc., is participating in an Eastern account underwriting of $10 million of municipal bonds by agreeing to underwrite 10% of the issue. One week later, $4 million remains unsold but Big Easy has distributed $1.5 million of bonds.
What is the liability of Big Easy remaining in the account?
A. $0
B. $1,000,000
C. $600,000
D. $400,000
Answer: D
Explanation:
Explanation/Reference:
Explanation: $400,000. In an Eastern account, liability remains open until the entire syndication is closed.
Therefore, Big Easy has a liability for 10% of the unsold portion. Since the unsold portion is $6 million, the liability for Big Easy is 10% of that amount, which is $400,000.

NEW QUESTION: 3

<table id = "customer"> </ table>

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

NEW QUESTION: 4
A Solutions Architect is designing a photo application on AWS. Every time a user uploads a photo to Amazon S3, the Architect must insert a new item to a DynamoDB table.
Which AWS-managed service is the BEST fit to insert the item?
A. AWS Lambda
B. Amazon EC2 instances
C. Lambda@Edge
D. Amazon API Gateway
Answer: A
Explanation:
Explanation/Reference:
Reference https://aws.amazon.com/blogs/machine-learning/build-your-own-face-recognition-service-using- amazon-rekognition/

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