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Exam Code: C_ARCON_2202

Exam Name: SAP Certified Application Associate - SAP Ariba Contracts

Version: V15.35

Q & A: 208 Questions and Answers

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NEW QUESTION: 1
Which parameters are configured when implementing Automatic Route Selection (ARS)?
A. Dial Plan, Codec Set, Private Numbering, Network Region
B. Feature Access Code, Digit Analysis, Digit Conversion, Route Pattern, Trunk Group
C. Far-End Node, Near-End Node, Coverage Path, Call Forwarding
D. MGC List, H.248 Link Timer, Call Admission Control, Feature Access Code
Answer: B

NEW QUESTION: 2
Which of the following statements are true?
I. Retail Risk Based Pricing involves using borrower specific data to arrive at both credit adjudication and pricing decisions II. An integrated 'Risk Information Management Environment' includes two elements - people and processes III. A Logical Data Model (LDM) lays down the relationships between data elements that an organization stores IV. Reference Data and Metadata refer to the same thing
A. II and IV
B. I, II and III
C. I and III
D. All of the above
Answer: C
Explanation:
Explanation
Statement I is correct. Retail Risk Based Pricing (RRBP) involves the use of borrower specific data (such as FICO scores, average balances etc) to arrive at credit decisions. These 'retail' credit decisions may include decisions on whether to grant a line of credit, a mortgage, issue a credit card, or any of the various other retail activities a bank may be dealing with. At the same time, this data can also be used to price the product, in addition to providing a yes or no credit decision so that risky borrowers are charged more than less risky borrowers.
Statement II is not correct, because an integrated Risk Information Management Environment includes three elements - people, processes and technology (and not just people and processes).
Statement III is correct. An LDM is a blue print of an organization's data, and describes the relationships between the various data elements.
Statement IV is not correct because reference data and metadata are not the same thing. Reference data refers to relatively static data, such as customer name (while actual transactions may not be so static). Metadata refers to data about data, and is stored in a data dictionary.
Therefore Choice 'b' is the correct answer and the rest are incorrect.

NEW QUESTION: 3
Which of the following policies helps reduce the potential damage from the actions of one person?
A. Risk assessment
B. CSA
C. Separation of duties
D. Internal audit
Answer: C
Explanation:
Separation of duties (SoD) is the concept of having more than one person required to complete a task. It is alternatively called segregation of duties or, in the political realm, separation of powers. Segregation of duties helps reduce the potential damage from the actions of one person. IS or end-user department should be organized in a way to achieve adequate separation of duties. According to ISACA's Segregation of Duties Control matrix, some duties should not be combined into one position. This matrix is not an industry standard, just a general guideline suggesting which positions should be separated and which require compensating controls when combined.
Answer A is incorrect. Cisco Security Agent (CSA) is an endpoint intrusion prevention system. It is rule-based and examines system activity and network traffic, determining which behaviors are normal and which may indicate an attack. CSA uses a two or three-tier client- server architecture. The Management Center 'MC' (or Management Console) contains the program logic; an MS SQL database backend is used to store alerts and configuration information; the MC and SQL database may be co-resident on the same system. The Agent is installed on the desktops and/or servers to be protected. The Agent communicates with the Management Center, sending logged events to the Management Center and receiving updates in rules when they occur. Answer C is incorrect. Internal auditing is a profession and activity involved in helping organizations achieve their stated objectives. It does this by using a systematic methodology for analyzing business processes, procedures and activities with the goal of highlighting organizational problems and recommending solutions. Answer D is incorrect. Risk assessment is a step in a risk management process.

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