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Exam Code: CFCS
Exam Name: Financial Crime SpecialistCertification
Version: V16.75
Q & A: 400 Questions and Answers
CFCS Free Demo download
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NEW QUESTION: 1
Which type of common shares is the most risky?
A. callable common shares.
B. puttable common shares.
C. normal common shares.
Answer: A
Explanation:
This is because the call price limits investors potential future total return.
NEW QUESTION: 2
Your customer uses a look-up table to calculate custom budgets as shown in the attached screenshot.
The budget is based on an employee's country and status. In the template, the country is defined with the field ID 'customCountry' and the status is defined with the field ID 'customStatus'.
You need to create a custom field that contains the look-up value foe the promotion budget percent.
What is the correct syntax for the calculated field?
Please choose the correct answer.
A. lookup("2012_Custom_Budget_PooP customCountry, customStatus)
B. lookupC'2012_Custom_Budget_Poor" customCountry, customStatus,3)
C. lookup("2012_Custom_Budget_PooP customCountry, customStatus,promotion)
D. lookup("2012_Custom_Budget_PooP customCountry, customStatus, 1)
Answer: D
NEW QUESTION: 3
An EMC Customer has deployed an ESXi cluster on Symmetrix storage and the deployment of VM Servers is slow. Which technology would speed up the deployment process?
A. PowerPath/VE
B. TimeFinder Clone
C. Nexus 1000v
D. vStorage APIs for Array Integration
Answer: D
NEW QUESTION: 4
IAS 19 is intended to prescribe when the cost of employee benefits should berecognizedas a liability or an expense and the amount of the liability or expense that should berecognized.
Which of the following statements regarding IAS 19 is correct?
i)A liability should berecognizedwhen an employee has provided a service in exchange for benefits to be received by the employee at some time in the future.
ii)An expense should berecognizedwhen the entity enjoys the economic benefits from a service provided by an employee regardless of when the employee received or will receive the benefits from providing the service.
A. (i) is incorrect but (ii) is correct
B. (i) and (ii) both are correct
C. (i) and (ii) both are incorrect
D. (i) is correct but (ii) is incorrect
Answer: B
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