CAMS Practice Questions

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NEW QUESTION: 1
A special servicer is the servicer who assumes servicing responsibilities when a loan goes into default and conducts the work-out "or foreclosure process. There are various scenarios typical for determining special servicers; as mentioned below, EXCEPT:
A. Those appointed solely because of risk-management expertise.
B. Those seller/issuers retaining the first-loss piece
C. Those investing in "B" pieces in return for special services rights.
D. None of these
Answer: A

NEW QUESTION: 2
When an institution conducts an internal investigation into an account following a law enforcement inquiry, it should consider a number of factors to independently determine if the account should be dosed. Which three considerations should be made when making the determination about closing an account? Choose 3 answers
A. signed written requests by a law enforcement agency or prosecutor on official letterhead for theaccount to remain open
B. Oral requests by a law enforcement agency or prosecutor for the account to be dosed
C. The level of seriousness of the underlying conduct
D. The institution's policies and procedures for closing an account
Answer: A,B,D

NEW QUESTION: 3
A user is accessing an EC2 instance on the SSH port for IP 10.20.30.40. Which one is a secure way to configure that the instance can be accessed only from this IP?
A. In the security group, open port 22 for IP 10.20.30.40/24
B. In the security group, open port 22 for IP 10.20.30.40/32
C. In the security group, open port 22 for IP 10.20.30.40
D. In the security group, open port 22 for IP 10.20.30.40/0
Answer: B
Explanation:
In AWS EC2, while configuring a security group, the user needs to specify the IP address in CIDR notation. The CIDR IP range 10.20.30.40/32 says it is for a single IP 10.20.30.40. If the user specifies the IP as 10.20.30.40 only, the security group will not accept and ask it in a CIRD format.
Reference: http://docs.aws.amazon.com/AWSEC2/latest/UserGuide/using-network-security.html

NEW QUESTION: 4
Which of the following manifestations would be an indicationfor stopping an exercise test?
A. Low cholesterol?125 mol).
B. Diastolic BP greater than 105 mm Hg.
C. Intermittent premature ventricular contractions.
D. Low blood sugar ?100 mg/dL).
Answer: D