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  • Exam Code: 2016-FRR
  • Exam Name: Financial Risk and Regulation (FRR) Series
  • Version: V15.35     Q & A: 208 Questions and Answers

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NEW QUESTION: 1
An internal auditor would most likely judge an error in an account balance to be material if
the error involves:
A. A large percentage of net income.
B. An unusual transaction for the company.
C. An unverified routine transaction.
D. A data input function.
Answer: A

NEW QUESTION: 2
You are the buyer of protection in a credit default swap. All other things being equal your counterparty credit risk is increasing if:
A. the credit spread is decreasing
B. the credit spread is increasing
C. the credit spread is decreasing and recovery rate is increasing
D. the recovery rate is increasing
Answer: B

NEW QUESTION: 3
An administrator using an enterprise PKI needs to establish a unique chain of trust to ensure mutual authentication between Panorama and the managed firewalls and Log Collectors.
How would the administrator establish the chain of trust?
A. Enable LDAP or RADIUS integration
B. Set up multi-factor authentication
C. Configure strong password authentication
D. Use custom certificates
Answer: D

NEW QUESTION: 4
Which of the following statements about the CIFS share are correct? (Select 2 answers)
A. Compared with the Normal mode, the Cluster mode provides higher data reliability but lower performance.
B. CIFS normal share enables a directory to be accessed by all users.
C. CIFS homedir share enables a directory to be accessed by all users.
D. In Normal mode, a client can access a share through only one VIP.
Answer: B,C

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