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Exam Code: CIFM
Exam Name: Certificate in Financial Modeling
Version: V22.75
Q & A: 580 Questions and Answers
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NEW QUESTION: 1
Which two delivered roles can access full functionality of functional Setup Manager?
A. IT Security Manager
B. Functional Setup Maneger superuser
C. Application Implementation Consultant
D. any Functional usim
E. Application Implementation Manager
Answer: B,E
NEW QUESTION: 2
Which of the following is the GREATEST risk when storage growth in a critical file server is not managed properly?
A. Server recovery work may not meet the recovery time objective (RTO)
B. Backup operational cost would significantly increase
C. Backup time would steadily increase
D. Storage operational cost would significantly increase
Answer: A
Explanation:
Explanation/Reference:
Explanation:
In case of a crash, recovering a server with an extensive amount of data could require a significant amount of time. If the recovery cannot meet the recovery time objective (RTO), there will be a discrepancy in IT strategies. It's important to ensure that server restoration can meet the RTO. Incremental backup would only take the backup of the daily differential, thus a steady increase in backup time is not always true. The backup and storage costs issues are not as significant as not meeting the RTO.
NEW QUESTION: 3
Company XYZ has employed a consultant to perform a controls assessment of the HR system, backend business operations, and the SCADA system used in the factory.
Which of the following correctly states the risk management options that the consultant should use during the assessment?
A. Calculate risk by determining technical likelihood and potential business impact.
B. Risk reduction, risk sharing, risk retention, and risk acceptance.
C. Avoid, transfer, mitigate, and accept.
D. Risk likelihood, asset value, and threat level.
Answer: C
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