CFA CFA I Exam Prep
CFA Level I Chartered Financial Analyst (Page 134 )

• Third-party enterprise application with embedded AI: The provider manages most security controls. The customer mainly manages users, data, and configuration.
• Application using an existing third-party FM: The customer controls the application and its inputs/outputs, but the provider controls the underlying model and infrastructure.
• Fine-tuning a third-party FM: The customer has additional responsibility for training data, data protection, and model behavior, but still depends on the provider’s base model and platform.
• Building and training a model from scratch: The customer controls the model, training data, application, deployment, and many security safeguards. This creates the greatest security ownership.

• Standardize which services users can deploy
• Apply governance and access controls
• Manage approved product versions
• Give users self-service access to authorized resources

• AWS Control Tower: Sets up and governs a multi-account AWS environment.
• AWS Cloud Map: Provides service discovery for applications.
• AWS Clean Rooms: Enables privacy-preserving collaboration on data analysis.

• User2 is in Group1, so CA2 applies.
• CA2 targets Office 365.
• CA2 requires MFA OR an app protection policy.
• User2 has no app protection policy, but if User2 successfully completes MFA, the OR condition is satisfied.
• The device being noncompliant does not matter because CA2 does not require device compliance.
• CA1 applies only to Global Administrators. Unless User2 is also a Global Administrator, CA1 does not apply.

• A is valid:

apex 
  for (Account theAccount : AccountList) { 
      // process theAccount 
  }

• D is conceptually valid, using an index:

apex 
  for (Integer i = 0; i < AccountList.size(); i++) { 
      Account theAccount = AccountList[i]; 
  }

• B is invalid because for(AccountList) is not valid loop syntax.
• C is invalid because each item is an Account, not a List.

• A — Increased call deflection: o KCS disponibiliza conhecimento reutilizável para clientes e agentes, ajudando a resolver dúvidas sem abrir ou continuar chamadas.
• C — Reduced issue resolution time: os representantes reutilizam artigos e soluções já documentadas, acelerando o atendimento.
• E — Optimized use of resources: o conhecimento compartilhado reduz retrabalho e melhora o uso dos recursos da equipe.

• Regression predicts continuous numeric outcomes, such as house price, temperature, or sales amount.
• Linear regression assumes the target can be estimated from a linear relationship between the input features and the target.
• In Azure Machine Learning, you use a labeled dataset containing:

• Classification predicts a category or class, such as “spam” or “not spam.”
• Clustering groups similar records without a known label; it is an unsupervised learning technique.

• Sales processes: Define the available Opportunity stages for each team.
• Record types: Connect each team to its appropriate sales process and page layout.
• Page layouts: Control which fields and related sections each team sees.

• Solar market team 1
• Solar market team 2
• Installation Services team

• One sales process: Cannot provide different Opportunity stages for each team.
• One page layout: Cannot provide different field arrangements or fields by team.
• Three page layouts alone: Page layouts control fields, but not the available stages.

• A — Consumption-based pricing: AWS generally uses a pay-as-you-go model. You pay for the resources you consume rather than purchasing hardware upfront or paying for unused capacity.
• C — Economies of scale: AWS purchases and operates infrastructure at a very large scale, allowing it to reduce costs and pass some savings to customers through lower service prices.

• Perpetual licenses: These involve paying once for permanent software ownership and are not a primary AWS Cloud economic benefit.
• AWS Enterprise Support at no additional cost: Enterprise Support has an additional charge.
• Bring-your-own-hardware model: AWS provides and manages the underlying cloud infrastructure; customers do not normally bring their own physical servers.

• miami.weyland.com requires a custom domain, which is not available in the Free tier.
• Two instances require a tier that supports scaling out. Standard supports multiple instances.
• SSL support is available in Standard.
• 12 GB of storage exceeds the storage limit of the Basic tier in the older Azure pricing model used by this question.
• Standard provides sufficient storage and features while being cheaper than higher tiers—though higher tiers are not listed here.

• Free/Shared: insufficient features for custom domains, SSL, and multiple instances.
• Basic: supports some production features, but its storage capacity is insufficient for the required 12 GB.

• The Intune device limit restriction does not apply in the normal way; DEM enrollment supports up to 1,000 devices.
• However, the Microsoft Entra maximum number of devices per user setting can still impose a limit when the enrollment creates an Entra device object.
• Therefore, a DEM account is not automatically unlimited. The effective limit depends on the Entra device setting and the enrollment/join type.

• Employees can work from any location, including remote sites and offices worldwide.
• Login can be relatively seamless after the device is registered.
• It does not require distributing additional physical authentication equipment.

• Geotagging: Identifies location, but location alone is not a strong authentication method and may prevent legitimate remote access.
• Smart cards: Provide strong authentication but require card readers and physical cards, increasing equipment and management requirements.
• Time-based logins: Typically involve one-time codes that users must enter, making the experience less seamless and potentially requiring a token or authenticator app.

• Active remediation actions role in Microsoft Defender for Endpoint

• Security Reader role in Azure AD/Entra ID

• Security Administrator is broader than necessary because it grants extensive security-management permissions, violating least privilege.
• Compliance Data Administrator is intended for compliance data management, not Defender for Endpoint remediation approvals.

• Internal hostnames and subdomains
• Network structure and naming conventions
• Servers and services
• Relationships between systems

• Determining ISP-assigned address space: Usually involves external registration and DNS information, not internal host discovery.
• Bypassing DNS sinkholing: Would require evidence that malicious DNS requests avoided redirection.
• Initial access: DNS queries alone do not show that the attacker gained access.
• Exfiltrating data: DNS tunneling can do this, but the snippet would typically show encoded or unusually long DNS queries.

• Due diligence: Investigating and evaluating a third party before entering into or continuing a business relationship.
• Attestation: An independent party provides assurance about an organization’s claims or controls. A SOC 2 examination is an example of an attestation engagement, but the analyst requesting and reviewing the report is performing due diligence.
• Internal audit: Reviews the organization’s own internal controls.
• Penetration testing: Actively tests systems for exploitable vulnerabilities.

• On VirtualNetworkA: enable Allow gateway transit.
• On VirtualNetworkB: enable Use remote gateways.

• A — Use a custom controller: An Apex class can contain the page’s logic.
• C — Use a standard controller with extensions: The standard controller provides basic CRUD behavior, while an extension adds custom logic.
• E — Use a standard controller: Useful when the page works mainly with one Salesforce object and needs standard functionality.

• A page with no controller for static or controller-free content.
• A custom controller with extensions; extensions are not limited only to standard controllers.

• Custom domains: supported by Standard.
• Dedicated compute instances: Standard runs on dedicated Azure VMs.
• Load balancing: Standard supports scaling the app across multiple instances with traffic distributed between them.
• Storage: Standard provides more storage than the lower tiers.
• Cost control: Standard is cheaper than higher tiers while meeting the stated requirements.

• Free and Shared use shared infrastructure and are intended for basic/testing workloads.
• Basic provides dedicated instances, but the question’s expected answer treats Standard as the minimum tier providing the required load-balancing capability.

• Suspended an operator who refused to use unsafe equipment.
• Paid another operator a bonus for using it.
• Prioritised short-term productivity over employee safety.

• A — Management is not particularly concerned with managing risks.

• B — Employees will perceive that management does not care about health and safety risks.

• C — The factory’s safety record is likely to be poor.

• One physical NIC is active and carries traffic.
• Another NIC remains on standby.
• If the active uplink fails, traffic switches to the backup uplink.
• This provides redundancy without requiring special switch-side link aggregation configuration.

• Balance-SLB: Distributes traffic based on source load balancing; not the default.
• Balance-TCP: Uses dynamic TCP traffic balancing and generally requires appropriate network-switch configuration.
• No Uplink Bond: Incorrect because vs0 is normally configured with redundant uplinks.

• Prevention costs – costs incurred to stop defects occurring, such as staff training, quality planning and supplier evaluation.
• Appraisal costs – costs of checking whether products meet standards, such as inspection, testing and quality audits.
• Internal failure costs – costs of defects found before delivery to customers, such as scrap, rework and retesting.
• External failure costs – costs of defects found after delivery, such as warranty claims, returns, complaints and product recalls.

• IaaS: você gerencia a VM e o sistema operacional.
• PaaS: o Azure gerencia a infraestrutura; você se concentra no aplicativo.

• Annual interest payments net of tax relief (A): future cash outflows for the issuer.
• Redemption value (B): the final cash outflow when the bond is redeemed.
• Market value now (C): the cash proceeds received now, acting as the initial cash flow in the IRR calculation.

• Shared capacity

• Fabric capacity — F SKUs

• Fabric trial capacity

• Existing Power BI Premium — P SKUs

• HTTPS: Secure web traffic, not general command-line server administration.
• SNMPv3: Secure network monitoring and management, not interactive server login.
• RDP: Provides graphical remote desktop access. It can be secure, but it is not the direct replacement for Telnet in this scenario.
• SMTP: Used to send email.

• Job compute isolates production pipelines from interactive development and terminates after the job completes.
• Autoscaling adds and removes workers during telemetry spikes, directly addressing bursty workloads.
• Photon can improve performance and reduce processing time, but it does not provide autoscaling, schema-drift handling, or exactly-once processing by itself.

• A — Shared compute: violates production isolation and can allow development workloads to affect ingestion.
• C — Larger fixed cluster: may improve capacity but cannot adapt efficiently to changing workloads.
• D — Disable autoscaling: directly conflicts with the requirement to handle telemetry spikes.

Recommended process

1. Access each switch’s terminal.
2. Use help to identify available commands.
3. Use the MAC table command, such as:

text 
   show mac-address-table

1. Use VLAN information, such as:

text 
   show vlan

1. Use interface information, such as:

text 
   show ip interface brief

1. Record each device’s:

• The requirement is an assessment of the Azure environment’s design, which requires a support plan offering proactive architectural guidance.
• Premier support would provide this capability, but it is a high-cost option.
• Since the requirement says to minimize expenses, Premier is not the best recommendation.
• A lower-cost plan with the required advisory/design-review capability—historically Professional Direct in Azure’s support-plan model—would be more appropriate.

• Input validation: Prevents malicious or malformed input within an application; it does not authenticate a software package.
• Secure cookies: Protect web-session cookies; they do not protect downloadable software.
• Fuzzing: Tests software by supplying unexpected input to find vulnerabilities; it does not verify software integrity.

• A: Knowledge of IT platforms, networks, and methodologies — Useful technical knowledge, but the CISO does not need to be the deepest technical expert.
• C: Regulatory and project management knowledge — Important, but compliance and projects must still support the organization’s broader needs.
• D: Managing people and resources — Essential for execution, but effective management of the wrong security priorities will not produce good results.

• Layer 1: Check cables, power, and link lights.
• Layer 2: Check switching, VLANs, and MAC learning.
• Layer 3: Check IP addressing, routing, and gateways.
• Higher layers: Check services, applications, and user settings.

• Create a plan of action: Decide how to implement the fix.
• Implement the solution: Apply the selected fix.
• Verify functionality: Confirm the problem is resolved and systems work normally.

• CHAP: Uses a challenge-response exchange, so the password is not directly transmitted.
• IPsec: Provides authentication, integrity, and encryption for IP communications.
• EAP: An authentication framework that supports stronger methods, such as certificates or token-based authentication.

• Accept: Acknowledge the risk and take no additional action.
• Transfer: Shift the risk or financial impact to another party, such as through insurance or a contract.
• Mitigate: Reduce the likelihood or impact using controls, such as firewalls, training, or backups.
• Avoid: Eliminate the activity that creates the risk.

• A: Build a custom API — possible, but unnecessary as the primary solution and potentially more costly to develop and maintain.
• B: Use pre-built chatbots — these generally answer questions but may not support the required custom workflow and real-time actions.
• C: Fine-tune with sample data — improves model behavior but does not provide live database access.
• D: Google Cloud databases + Vertex AI — stores current inventory data and lets an AI agent retrieve it and take actions based on up-to-date information.

• Footprinting is reconnaissance used to map an organization’s network, hosts, naming conventions, and services.
• A name such as fshare.int.complia.org suggests an internal file-sharing host (fshare) and an internal naming structure (int).
• This can reveal useful information to an attacker before attempting exploitation.

• ISP-assigned address space: Usually determined through public registration and DNS data, not an internal hostname.
• DNS sinkhole bypass: Would involve avoiding redirected malicious-domain queries.
• Initial access: DNS reconnaissance alone does not compromise the server.
• Data exfiltration: DNS tunneling typically generates many encoded or unusually long subdomain queries, not simply a meaningful internal hostname.

• Proxy server: Acts as an intermediary for requests, but does not necessarily provide an encrypted connection to the corporate network.
• NGFW: A firewall with advanced inspection and filtering capabilities; it may support VPNs but is not the remote-access solution itself.
• Security zone: A logical network grouping based on trust or security requirements, not a method for remote access.

• VPC: A logically isolated virtual network within a cloud provider; it describes network design, not the user-access model.
• NFV: Runs network services as software instead of on dedicated hardware.
• SaaS: Delivers software over the internet. Although the application may be delivered as SaaS, the question emphasizes its availability to multiple user groups, which points to multitenancy.

text 
user<TAB>action<TAB>status

text 
user|action|status

• Colons: Although colons commonly appear in log data, they are not a supported delimiter choice in the FX workflow described by this exam question.
• Spaces: Spaces are not treated as a supported delimiter for this extraction method; ordinary text often contains variable spacing.

• The message came from the claimed sender (authentication)
• The message was not altered in transit (integrity)
• The sender cannot easily deny having signed and sent it (non-repudiation)

• Compliance standards: May be a reason in some organizations, but it is not the primary security benefit.
• Increase delivery rates: Digital signatures do not generally improve email delivery.
• Block phishing attacks: Signatures can help recipients verify legitimate messages, but they do not block phishing by themselves.

• New investment: $536,500
• Resulting NPV: $0

• How quickly the vendor must respond to incidents or requests
• Availability or uptime requirements
• Resolution time targets
• Performance expectations and penalties for failing to meet them

• SOW (Statement of Work): Describes the work, deliverables, scope, and schedule.
• MOA (Memorandum of Agreement): Documents an agreement in which parties commit to specific responsibilities.
• MOU (Memorandum of Understanding): Records a general intention to cooperate; it may not be legally binding.

• A — Tables
• B — Named file formats
• C — Schemas
• E — Databases

Why these are correct

• Tables: Can be cloned using CREATE TABLE ... CLONE. The clone initially uses zero-copy cloning, so storage is shared until changes are made.
• Named file formats: Can be cloned as database objects, preserving the file-format definition.
• Schemas: A schema and its eligible objects can be cloned.
• Databases: A database and its eligible schemas and objects can be cloned.

Why the others are incorrect

• Shares: A share is an account-level data-sharing object, not a normal cloneable database object.
• Users: Users are security principals and cannot be cloned with CLONE.

• terraform init is normally required first, especially for a new or changed working directory. It installs providers/modules and configures the backend.
• terraform plan previews the proposed changes.
• terraform apply applies those changes. It also creates a plan internally if you have not supplied a saved plan.

text 
terraform init 
terraform validate       # optional but recommended 
terraform plan 
terraform apply

Step 1: Calculate the rights issue price

Step 2: Calculate the number of new shares

Step 3: Calculate the value after the issue and project

• Rights issue proceeds: $21.6m
• Project NPV: $5m

Step 4: Calculate the theoretical ex-rights price

• 50% memory utilization baseline: The environment can be provisioned with excess capacity, leaving room for growth and workload spikes.
• Storage scalability: Cloud storage can generally be expanded as needed without redesigning the physical platform.
• Single circuit failure resilience: A properly designed IaaS provider uses redundant power circuits and infrastructure, so failure of one circuit should not take the platform offline.

• A — Dual PDUs: Helps with power redundancy but does not provide storage scalability.
• C — Network load balancing: Provides network-path resilience, not memory or storage scalability, and does not address a power-circuit failure.
• D — Multiple NAS devices: May improve storage capacity, but does not inherently provide power resilience or the required compute-capacity baseline.

• Scanning is not essential during a power outage.
• A scanner can consume UPS battery power without helping the user save cloud documents or shut down safely.
• The UPS should be reserved for the computer, monitor, and necessary network equipment.
• The surge protector helps protect the scanner from voltage spikes, but it will not keep it running during an outage.

• Product recall: Premature before confirming a violation or assessing risk.
• Notify the regulatory authority: May be required later, especially if the discrepancy affects safety or compliance, but first investigate and verify the facts.
• Inform production: Not the initial regulatory assessment step; production may become involved if a packaging or manufacturing error is identified.

• Response and resolution time frames
• Availability or uptime requirements
• Performance targets
• Support obligations
• Penalties for failing to meet requirements

• SOW (Statement of Work): Defines the project’s scope, tasks, and deliverables.
• MOA (Memorandum of Agreement): Describes cooperation and responsibilities between parties.
• MOU (Memorandum of Understanding): Records a general mutual understanding, usually without detailed enforceable service targets.

• /27 (255.255.255.224)

• /26 (255.255.255.192)

• /25: Creates only 2 subnets, not 3
• /28: Provides only 14 usable hosts per subnet