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ISACA IT-Risk-Fundamentals exam
  • Exam Code: IT-Risk-Fundamentals
  • Exam Name: IT Risk Fundamentals Certificate Exam
  • Version: V12.35
  • Q & A: 70 Questions and Answers
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NEW QUESTION: 1
The notional amount in an interest rate swap is:
A. the amount at which the two counterparties can close-out their transaction
B. the net difference between fixed and floating rate payments
C. the sum of all the fixed and floating rate payments
D. the principal amount on which floating and fixed interest payments is calculated
Answer: D

NEW QUESTION: 2

A. Option A
B. Option C
C. Option B
D. Option D
Answer: A
Explanation:
Explanation
AWS CloudTrail is an AWS service that helps you enable governance, compliance, and operational and risk auditing of your AWS account. Actions taken by a user, role, or an AWS service are recorded as events in CloudTrail. Events include actions taken in the AWS Management Console, AWS Command Line Interface, and AWS SDKs and APIs.
Visibility into your AWS account activity is a key aspect of security and operational best practices. You can use CloudTrail to view, search, download, archive, analyze, and respond to account activity across your AWS infrastructure. You can identify who or what took which action, what resources were acted upon, when the event occurred, and other details to help you analyze and respond to activity in your AWS account.
For more information on Cloudtrail, please visit the below URL:
* http://docs.aws.amazon.com/awscloudtrail/latest/userguide/cloudtrail-user-guide.html

NEW QUESTION: 3

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

NEW QUESTION: 4
For which of the following reasons is the extension of forward contracts at non-current rates is discouraged:
i. These could be used to conceal profit or losses.
ii. These could be used to perpetrate fraud.
iii. These could result in an unauthorised extension of credit.
iv.
These could result in confusing settlement instructions.
A. (i), (ii), (iii), & (iv).
B. (i), (ii) & (iii).
C. none of the above.
D. (i) & (iii).
Answer: B

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