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ACFE CFE-Fraud-Prevention-and-Deterrence
Certified Fraud Examiner - Fraud Prevention and Deterrence Exam
Questions and Answers | : 347 |
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Windows Compatibility | : Windows 10/8/7/Vista/2000/XP/98 |
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NEW QUESTION: 1
Given identical prices, a bond trader prefers dealing with Bank A over Bank B. Given a choice between Bank B and Bank C, he prefers Bank B. Yet, when given a choice between Bank A and Bank C, he prefers dealing with Bank C. What axiom underlying the utility theory is he violating?
A. Continuity of choice
B. He is not violating anything
C. Stochastic dominance
D. Transitivity of choice
Answer: D
Explanation:
Explanation
Remember the four basic axioms underlying the principal of maximum expected utility:
- Transitivity, ie if A is preferred over B, and B is preferred over C, then A must be preferred over C;
- Continuity, ie if A is preferred over B, and B is preferred over C, then B is on a continuum between A and C such that we can be indifferent between receiving B, or a lottery offering either A or C with probabilities p &
1-p respectively.
- Independence, ie choices are not affected by the way they are presented
- Stochastic dominance, ie a gamble that offers a greater probability of a preferred out come will be preferred.
In this case, the first axiom is being violated. Therefore Choice 'c' is the correct answer.
NEW QUESTION: 2
A customer is using ABC Telecom as a network provider. The customer has 10 different offices connected to ABC Telecom's MPLS backbone. The customer is setting up an AWS Direct Connect connection to AWS and has provided the LOA-CFA to ABC Telecom. ABC Telecom has terminated the Direct Connect circuit into their MPLS backbone. To uniquely identify the customer's traffic over the MPLS backbone, the customer must encapsulate all traffic with VLAN tag 100. The customer wants to send traffic to multiple VPCs.
Which two steps should be taken to meet the customer's requirement? (Select two.)
A. Send the traffic for all VPCs with the same VLAN tag 100 and use BGP to ensure that proper routing takes place to the appropriate VPC.
B. The customer performs Q-in-Q tunneling, with the AWS-required VLAN tag in the inside and VLAN
100 as the outside tag.
C. ABC Telecom removes the other tag before sending the packet to AWS.
D. ABC Telecom creates a support ticket with AWS to exchange MPLS labels and include the AWS port as part of their MPLS network.
E. Create a support ticket with AWS to request the removal of the outer VLAN tag 100 as the traffic reaches AWS routers.
Answer: A,D
NEW QUESTION: 3
Which of the following facts about dynamic updates is correct?
A. Application and Antivirus updates are released weekly. Threat and "Threat and URL Filtering" updates are released weekly.
B. Antivirus updates are released daily. Application and Threat updates are released weekly.
C. Application and Threat updates are released daily. Antivirus and URL Filtering updates are released weekly.
D. Threat and URL Filtering updates are released daily. Application and Antivirus updates are released weekly.
Answer: B
NEW QUESTION: 4
A Machine Learning Specialist is building a prediction model for a large number of features using linear models, such as linear regression and logistic regression During exploratory data analysis the Specialist observes that many features are highly correlated with each other This may make the model unstable What should be done to reduce the impact of having such a large number of features?
A. Perform one-hot encoding on highly correlated features
B. Create a new feature space using principal component analysis (PCA)
C. Use matrix multiplication on highly correlated features.
D. Apply the Pearson correlation coefficient
Answer: A
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ACFE CFE-Fraud-Prevention-and-Deterrence
Certified Fraud Examiner - Fraud Prevention and Deterrence Exam
VCE Exam Simulator Q&A | : 347 |
Q&A Update On | : January 3, 2019 |
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ACFE CFE-Fraud-Prevention-and-Deterrence (Certified Fraud Examiner - Fraud Prevention and Deterrence Exam)
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VCE Exam Simulator Software
ACFE CFE-Fraud-Prevention-and-Deterrence (Certified Fraud Examiner - Fraud Prevention and Deterrence Exam)
VCE Exam Simulator Q&A : 347 Q&A Update On : January 3, 2019 File Format : Installable Setup (.EXE) Windows Compatibility : Windows 10/8/7/Vista/2000/XP/98 Mac Compatibility : Through Wine, Virtual Computer, Dual Boot Download Software VCE Exam Simulator Software Download CFE-Fraud-Prevention-and-Deterrence Sample Exam Simulator VCE Exam Simulator Installation Guide
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