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NEW QUESTION: 1
Which step should be taken to understand the types of financial institutions to whom the services are being offered when a correspondent bank permits "nested" relationships according to the Wolfsberg Group?
A. Understand the type and volume of accounts serviced
B. Evaluate the distribution of downstream correspondents and identify any direct or indirect issues
C. Review peer-group clients by risk category
D. Obtain independent audits or examination reports for "nested" relationships to determine risk levels
Answer: B

NEW QUESTION: 2
If you wish to narrow down the pool of people who can fulfill a role designated on the route map to only someone from the Finance department, what would you create?
Please choose the correct answer.
Response:
A. A Permission Role (using RBP) for Finance department.
B. Finance department Team
C. Finance department Group
D. Another step in the Route Map using the Finance role.
Answer: C

NEW QUESTION: 3
What is a configuration management database?
A. a database which holds a record for all configurations items associated with the IT infrastructure
B. a database which holds a record for all the hosts in the local Area Network
C. a database which holds reference to the Definitive Software Library
D. a component of the network infrastructure
Answer: A