Exam CCZT Objectives & Cloud Security Alliance Exam CCZT Forum - CCZT Study Guide Pdf - Sapsam

  • Exam Code: CCZT
  • Exam Name: Certificate of Competence in Zero Trust (CCZT)
  • Version: V15.35     Q & A: 208 Questions and Answers

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NEW QUESTION: 1
For a given notional amount, which of the following carries the greatest counterparty exposure (assuming the same counterparty credit rating for each):
A. A one year certificate of deposit
B. A one year interest rate swap
C. A one year forward foreign exchange contract
D. A futures contract on an equity index
Answer: A
Explanation:
Explanation
The exposure at default is the greatest for the certificate of deposit as the entire notional amount is exposed to the risk of default. The other choices represent derivatives for which the current replacement value, which would be far less than notional, would be the credit exposure.
Said another way - if the counterparty were to default, the entire money in the CD would be at risk, whereas for the derivative contracts it would only be the replacement value that would be at risk.

NEW QUESTION: 2
The credit profile is used to store which information in the customer master data? Note: There are 2 correct Answers to this question.
A. The credit exposure
B. The credit decisions
C. The scoring rules
D. The customer credit group
Answer: C,D

NEW QUESTION: 3
Regarding the 4 types of customer buying groups, which has the least influence over making the purchase decision?
A. Primarily IT
B. Primarily Customer-Facing Group
C. A team of IT and Customer-facing groups
D. Primarily Executive Office
Answer: B

NEW QUESTION: 4
Due to a traffic storm on the network, two interfaces were error-disabled, and both interfaces sent SNMP traps. Which two actions must be taken to ensure that interfaces are put back into service? (Choose two)
A. Enable the snmp-server enable traps command and wait 300 seconds
B. Have Cisco Prime Infrastructure issue an SNMP set command to re-enable the ports after the preconfigured interval.
C. Enter the shutdown and no shutdown commands on the interfaces.
D. Use EEM to have the ports return to service automatically in less than 300 seconds.
E. Ensure that interfaces are configured with the error-disable detection and recovery feature You can also bring up the port by using these commands:
+ The "shutdown" interface configuration command followed by the "no shutdown" interface configuration command restarts the disabled port.
+ The "errdisable recovery cause ..." global configuration command enables the timer to automatically recover error-disabled state, and the "errdisable recovery interval interval" global configuration command specifies the time to recover error-disabled state.
Answer: C,E

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