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Vendor: ACAMS

Exam Code: CAMS7 Dumps

Questions and Answers: 104

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NEW QUESTION: 1

A. Flow Monitoring
B. Traceflow
C. NetFlow
D. Activity Monitoring
Answer: B

NEW QUESTION: 2
Identify the missing word(s) in the following sentence. During a quality review meeting [ ? ] any identified defects.
A. the chair will approve the solution to
B. an issue should be created for
C. the agreed actions should be recorded for
D. a solution should be designed for
Answer: C

NEW QUESTION: 3
Why would you recommend to your customer to use dynamic sourcing of description for an analysis
option?
There are 2 correct answers to this question.
Response:
A. Dynamic sourcing updates underlying code values
B. Dynamic sourcing updates the descriptions when changed in the core system
C. Dynamic sourcing allows customers to pick and choose which description names to use
D. Dynamic sourcing enables the use of benchmarked data
Answer: A,B

NEW QUESTION: 4
During 1990, Fuqua Steel Co. had the following unusual financial events occur:
* Bonds payable were retired five years before their scheduled maturity, resulting in a $260,000 gain. Fuqua has frequently retired bonds early when interest rates declined significantly.
* A steel forming segment suffered $255,000 in losses due to hurricane damage. This was the fourth similar loss sustained in a 5-year period at that location.
* A component of Fuqua's operations, steel transportation, was sold at a net loss of $350,000.
This was Fuqua's first divestiture of one of its operating segments.
Before income taxes, what amount should be disclosed as the gain (loss) from extraordinary items in 1990?
A. $5,000
B. $0
C. $(90,000)
D. $(350,000)
Answer: B


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