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CFE Official Study Guide | ACFE New CFE Exam Objectives & Question CFE Explanations - Sugakumaster

CFE

Exam Code: CFE

Exam Name: Certified Fraud ExaminerCertification

Version: V16.75

Q & A: 400 Questions and Answers

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NEW QUESTION: 1
You maintain an existing Azure SQL Database instance. Management of the database is performed by an external party. Ail cryptographic keys are stored in an Azure Key Vault.
You must ensure that the external party cannot access the data in the SSN column of the Person table Will each protection method meet the requirement? To answer, drag the appropriate responses to the correct protection methods. Each response 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:


NEW QUESTION: 2
Geneva Management (GenM) selects long-only and long-short portfolio managers to develop asset allocation recommendations for their institutional clients.
GenM Advisor Marcus Reinhart recently examined the holdings of one of GenM's long-only portfolios actively managed by Jamison Kiley. Reinhart compiled the holdings for two consecutive non-overlapping five year periods. The Morningstar Style Boxes for the two periods for Kiley's portfolio are provided in Exhibits 1 and 2.
Exhibit 1: Morningstar Style Box: Long-Only Manager for Five-Year Period 1

Exhibit 2: Morningstar Style Box: Long-Only Manager for Five-Year Period 2

Reinhart contends that the holdings-based analysis might be flawed because Kiley's portfolio holdings are known only at the end of each quarter. Portfolio holdings at the end of the reporting period might misrepresent the portfolio's average composition. To compliment his holdings-based analysis, Reinhart also conducts a returns-based style analysis on Kiley's portfolio. Reinhart selects four benchmarks:
1. SCV: a small-cap value index.
2. SCG: a small-cap growth index.
3. LCV: a large-cap value index.
4. LCG: a large-cap growth index.
Using the benchmarks, Reinhart obtains the following regression results:
Period 1: Rp = 0.02 + H0.01(SCV) + 0.02(SCG) + 0.36(LCV) + 0.61(LCG)
Period 2: Rp = 0.02 + 0.01(SCV) + 0.02(SCG) + 0.60(LCV) + 0.38(LCG)
Kiley's long-only portfolio is benchmarked against the S&P 500 Index. The Index's current sector allocations are shown in Exhibit 3.
Exhibit 3: S&P 500 Index Sector Allocations

GenM strives to select managers whose correlation between forecast alphas and realized alphas has been fairly high, and to allocate funds across managers in order to achieve alpha and beta separation. GenM gives Reinhart a mandate to pursue a core-satellite strategy with a small number of satellites each focusing on a relatively few number of securities.
In response to the core-satellite mandate, Reinhart explains that a Completeness Fund approach offers two advantages:
Advantage 1: The Completeness Fund approach is designed to capture the stock selecting ability of the active manager, while matching the overall portfolio's risk to its benchmark.
Advantage 2: The Completeness Fund approach allows the Fund to fully capture the value added from active managers by eliminating misfit risk.
Reinhart is concerned that the portfolio managed by Kiley has style drift. Is Reinhart's concern supported by either holdings-based style analysis or returns-based style analysis?
A. Only the holdings-based style analysis supports style drift.
B. Only the returns-based style analysis supports style drift.
C. Both approaches support style drift.
Answer: C
Explanation:
Explanation/Reference:
Explanation:
The change in allocations in Exhibits 1 and 2 indicate large changes in investment style. Allocations moved from a growth-oriented style in the first 5-year period to a value-oriented style in the second 5-year period.
The returns based analysis confirms these findings-the slopes changed markedly for LCV (large increase in the second 5-year period) and LCG (large decrease in the second 5-year period). (Study Session 11, LOS 33.i,k)

NEW QUESTION: 3

A. Option C
B. Option A
C. Option E
D. Option B
E. Option D
Answer: A,B,D
Explanation:
Reference:http://sparrowangelstechnology.blogspot.com/2012/07/what-to-dcui-console-logsshow.html

NEW QUESTION: 4
あなたの会社には、北米とヨーロッパにメインオフィスと20のブランチオフィスがあります。各ブランチオフィスは、WANリンクを使用してメインオフィスに接続します。すべてのオフィスはインターネットに接続し、メインオフィス接続を使用して外部ホスト名を解決します。
Microsoft 365を展開し、各オフィスに直接インターネット接続を実装する予定です。
Microsoft 365サービスへの可能な限り迅速なアクセスを提供するために、インフラストラクチャへの変更を推奨する必要があります。
目標を達成するための最良の推奨事項は何ですか?複数の回答を選択することで目標を達成できます。
BESTアンサーを選択してください。
A. 各ブランチオフィスで、ユーザー認証が有効になっているプロキシサーバーを展開します。
B. ブランチオフィスのすべてのクライアントコンピューターについて、グループポリシーオブジェクト(GPO)を使用してMTU設定を変更します。
C. 各ブランチオフィスで、パケット検査が有効になっているファイアウォールを展開します。
D. 各ブランチオフィスで、すべての外部ホストがパブリックDNSサーバーに直接リダイレクトされるように名前解決を構成します。
Answer: D
Explanation:
Explanation
Being a cloud service, Office 365 would be classed as an external host to the office computers.
All the offices connect to the Internet and resolve external host names by using the main office connections.
This means that all branch office computers perform DNS lookups and connect to the Internet over the WAN link.
Each branch office will have a direct connection to the Internet so the quickest possible access to Microsoft
365 services would be by using the direct Internet connections. However, the DNS lookups would still go over the WAN links to main office. The solution to provide the quickest possible access to Microsoft 365 services is to configure DNS name resolution so that the computers use public DNS servers for external hosts. That way DNS lookups for Office 365 and the connections to Office 365 will use the direct Internet connections.

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