CFA CFA I Exam Prep
CFA Level I Chartered Financial Analyst (Page 169 )

1. Write a structured log entry to CloudWatch Logs containing:

1. Create a CloudWatch Logs metric filter that:

text 
ApiRequests 
Operation=GetOrders 
ResponseCode=500 
Version=2.4.0

• B is incorrect: CloudWatch Logs Insights queries analyze logs but do not directly publish metrics in this manner.
• C is incorrect: ALB access logs do not contain arbitrary Lambda response metadata as custom fields.
• D is incorrect: X-Ray traces and insights are not the appropriate mechanism for creating these custom, dimensioned application metrics.

• Existing measures
• Relationships
• Calculated columns
• Tables and fields
• Existing transformations in the model

• SharePoint folder: Reconnects to the source files. You would likely need to recreate the model and measures.
• Power BI dataflows: Primarily provide reusable data preparation and storage, but they do not automatically provide the existing semantic model and measures.
• Excel workbook: Connects directly to the source file and would also require rebuilding the model and measures.

• Install unauthorized or unapproved applications
• Access system areas normally restricted
• Add features unavailable in the default software
• Modify the device’s operating system

• SQL injection (SQLi): Attacks databases by inserting malicious SQL commands.
• Cross-site scripting (XSS): Injects malicious scripts into web pages viewed by users.
• Sideloading: Installs an application from outside the official app store, but it does not necessarily remove the phone’s operating-system restrictions.

• Owner, Contributor, and Network Contributor provide sufficient management permissions.
• Reader can view Traffic Analytics data but cannot enable or configure it.

• Distinct values = 69

• Unique values = 4

• Training or coaching
• Mentoring
• Additional support or resources
• Targeted performance improvement plans

• A: Recognition may be appropriate, but awards do not address identified gaps.
• C: Rotating schedules does not necessarily improve the specific competencies that are missing.
• D: Assessment results should be handled sensitively, but keeping them entirely private prevents useful feedback and development discussions.

• B — The most significant risks are held by SQ.

• C — SQ should recognise the cars as inventory.

• F — SQ recognises revenue when LM sells a car to a third party.

• A: LM does not hold the most significant risks.
• D: LM does not recognise the cars as inventory.
• E: SQ should not recognise revenue when cars are merely delivered to LM.

• Each Azure VM must have at least one network interface (NIC).
• A single NIC can have:

• Therefore, each of the five VMs needs only one NIC:

• The CSV contains the external users’ email addresses.
• The bulk invitation feature supports inviting many guest users in one operation.
• Each invited user becomes a guest account in contoso.com.

• Transport and handling
• Storage and warehousing
• Refrigeration
• Shelf-stacking or replenishment
• Other costs directly attributable to product P

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

• Accept: Acknowledges the risk without taking additional action.
• Transfer: Shifts the risk or financial impact to another party, such as an insurer.
• Mitigate: Reduces the likelihood or impact through controls like patching, MFA, or segmentation.
• Avoid: Eliminates the activity that creates the risk.

• A — Use getRecordTypeInfosByDeveloperName()

apex 
  Id rtId = Schema.SObjectType.Account 
      .getRecordTypeInfosByDeveloperName() 
      .get('Business_Account') 
      .getRecordTypeId();

• C — Query the RecordType object

apex 
  RecordType rt = [ 
      SELECT Id 
      FROM RecordType 
      WHERE SObjectType = 'Account' 
      AND Name = 'Business Account' 
      LIMIT 1 
  ];

• B: An outbound SOAP call is unnecessary and inefficient.
• D: Hardcoding an ID is not dynamic, and IDs can differ between orgs.

1. Open the Microsoft Entra Connect wizard.
2. Select Configure.
3. Choose Customize synchronization options.
4. Authenticate when prompted.
5. On the Domain and OU filtering page, select:

1. Complete the wizard.

• Start-ADSyncSyncCycle only starts synchronization; it does not change which OUs are included.
• Manage federation configures federation settings, which are unrelated to OU filtering.
• Add-ADSyncConnectorAttributeInclusion concerns connector attributes, not selecting additional OUs for synchronization.

• 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.

• Additional running costs: $800
• Less depreciation: $300

• The $100 reduction in fixed production overhead absorbed is only an accounting reallocation. It does not represent an actual saving in total fixed overhead.

• Customer information must not be revealed ? PII Detection
• Malicious instructions embedded in images/documents must be blocked ? Prompt Shields

• If the question allows multiple selections, choose PII Detection and Prompt Shields.
• If it requires one selection specifically for the image-based threat, choose Prompt Shields.

• Disaster recovery backups
• Long-term backup retention
• Data archiving that still needs occasional access

• Multi-Regional Storage: Intended for frequently accessed data needing broad geographic availability; it costs more.
• Regional Storage: Suitable for frequently accessed data within one region.
• Nearline Storage: Intended for data accessed roughly once per month, such as monthly backups.
• Coldline Storage: Better fit for backups accessed only during a disaster or occasional recovery event.

• Correct exam answer: A — HKEY_LOCAL_MACHINE
• The relevant location is associated with HKEY_LOCAL_MACHINE\SAM.
• The SAM does not store passwords in plain text; it stores password hashes.

• HKEY_CURRENT_USER contains settings for the currently logged-in user, not the account-password database.
• HKEY_USERS contains user profiles and settings loaded for users.
• HKEY_CURRENT_CONFIGURATION contains hardware/profile configuration information.

• Career enhancement — A mentor can provide guidance, advice, networking support and help the mentee identify career opportunities.
• Support with new challenges — A mentor can help the mentee think through unfamiliar situations and develop confidence and practical solutions.
• Personal development — Mentoring can improve skills such as communication, leadership, decision-making and self-awareness.

• Solving all problems — The mentor supports and guides the mentee but should not take responsibility for solving every problem.
• Discipline would be dispensed if they make a mistake — Mentoring does not remove normal accountability or workplace consequences. Mistakes should instead become learning opportunities.

1. Clear principles and boundaries — Employees have freedom, but decisions must remain within clear organizational values, policies and limits.
2. High degree of freedom — Managers are trusted to make decisions rather than seeking continual approval from senior management.
3. Frontline customer responsibility — Customer-facing managers should be empowered to manage customer relationships and respond quickly to needs.
4. Transparent and ethical information — Information should be openly available and used honestly, supporting trust and informed decision-making.

• Power BI dataset — Reuses the existing tables, relationships, and measures. You mainly create new visualizations.
• SharePoint folder — Connects to the source files, but you would need to rebuild the model and measures.
• Power BI dataflows — Primarily provide reusable data preparation; they do not automatically provide the existing report’s measures and model.
• Excel workbook — Requires reconnecting to and modeling the source data again.

• The selling division receives a credit based on a favourable transfer price, often market price or full cost plus a profit margin.
• The receiving division is charged a lower amount, such as marginal cost or another agreed price.
• The difference is accounted for centrally by head office or a corporate adjustment.

1. Wireless AP

1. Router

1. Firewall

1. Device placement

• Gaia Portal: Controlled by Gaia administration settings, not SmartConsole Trusted Clients.
• SSH: Controlled by Gaia or operating-system SSH access settings.
• Security Gateway(s): SmartConsole connects to the Security Management Server, not directly to gateways for this purpose.

• A: Describes a broad purpose and direction, but is not the specific CIMA definition.
• C: “Scoping out” activities is too vague and incomplete.
• D: Combines long-term goals, strategies and policies, but describes a wider strategic-planning statement rather than the definition of strategy itself.

spl 
error AND host=WWW3 
status=404 OR status=500 
NOT source=access.log

• Quotation marks are used for exact phrases or values containing spaces.
• Parentheses group parts of a Boolean expression, but they are not required for every Boolean search.

• Identified risks
• Risk owners or responsible parties
• Likelihood and impact
• Risk response plans
• Current status
• Risk thresholds or trigger conditions

• Risk tolerance: The amount and type of risk an organization is willing to accept; it is not primarily a tracking document.
• Risk transfer: Moving the financial or operational impact of a risk to another party, such as through insurance or outsourcing.
• Risk analysis: The process of evaluating a risk’s likelihood and impact.

• Customers may boycott V’s products.
• Supermarket customers may stop buying from V.
• Investors may view V as having higher legal, ethical and reputational risk.
• V could face fines, lawsuits, contract losses and higher costs.
• Expected future profits may fall.

• A — Too infrequent: Formal strategies are often reviewed only every three to five years. This can make the organisation slow to respond to rapid changes in technology, competitors, regulation or customer needs.

• C — Relies on predicting the future: The approach assumes senior managers can make reasonably reliable forecasts and assumptions. In uncertain environments, these assumptions may quickly become invalid.

• E — Can restrict radical innovation: Formal planning tends to favour existing information, established objectives and incremental improvements. This may discourage experimental or highly innovative strategies that emerge from lower levels of the organisation.

• B concerns the difficulty of achieving competitive advantage through core competences when competing with focused specialists. It is not specifically a drawback of the formal top-down planning process.
• D is an activity organisations should undertake—continuous monitoring—not a drawback of the approach itself.

• 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.

• Suspended an operator who correctly refused to use unsafe equipment.
• Rewarded another operator for using the equipment despite the broken safety guard.

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

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

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

• C series: CPU-optimized instances; not designed primarily for LLM training.
• G series: GPU instances generally optimized for graphics and some machine learning workloads, but not specifically large-scale model training efficiency.
• P series: Powerful GPU instances for ML training, but typically consume more energy than Trainium-based instances for suitable training workloads.

• contoso.onmicrosoft.com
• contoso1.onmicrosoft.com

• onmicrosoft.com domains: Maximum of five per tenant.
• Custom domains: Domains that your organization owns and verifies in Microsoft 365.

• Label applied does not automatically exclude a file from Copilot.
• Encryption/usage rights determine whether Copilot can access the file’s content.
• If the user has no permission under Label2, File3 should be unavailable to Copilot for that user.
• File3’s label might be inherited by derived content only if File3 was actually processed and contributed by an authorized user; it should not be treated as contributing merely because it exists in the source set.

• Set credit quotas for an account or individual virtual warehouses.
• Define monitoring intervals.
• Trigger actions when usage reaches thresholds, such as sending notifications or suspending a warehouse.
• Help control unexpected warehouse spending.

• Account Usage: Provides historical usage and billing data; it does not enforce credit limits.
• Warehouse Limit Parameter: Not the Snowflake object used for account-wide credit controls.
• Credit Consumption Tracker: Not a standard Snowflake object.

• Restrict a port to a defined number of MAC addresses
• Use statically assigned or “sticky” MAC addresses
• Shut down or restrict the port when violations occur

• Load balancer: Distributes application traffic; it does not protect switch MAC tables.
• IPS: May detect suspicious network activity, but is not the primary control for limiting switch MAC entries.
• NGFW: Filters traffic at the network boundary; it does not directly prevent MAC table flooding on access switches.

• File hashes
• Strings and metadata
• Binary or code structure
• Known malicious patterns
• Embedded indicators or signatures

• Sandbox: Executes the file in an isolated environment; useful for observing behavior, but usually slower.
• Network traffic analysis: Examines communications generated by a system or application, not the file itself.
• Package monitoring: Tracks software packages or installations and is not the primary method for examining malware signatures.

• Laws and regulations
• Litigation holds
• Industry or contractual obligations
• Tax, financial, health, or privacy requirements

• Business strategy and direction: May influence retention, but cannot override legal requirements.
• Storage capacity and longevity: Practical considerations, not the primary driver.
• Business ease and value analysis: May support decisions after compliance obligations are identified.

• Due diligence: Researching and evaluating a third party before entering or continuing a business relationship.
• Internal audit: Evaluates controls within the organization itself.
• Penetration testing: Actively tests systems for exploitable vulnerabilities.
• Attestation: A formal statement or report—such as a SOC 2 report—provided by an independent party about an organization’s controls.

• JDBC
• SnowSQL
• Snowflake Web Interface (UI)
• ODBC
• Python connector

• Data loss prevention (DLP): Helps detect or prevent sensitive data from being copied or transmitted, but it does not primarily protect a stolen laptop’s stored data.
• Operating system hardening: Reduces vulnerabilities and attack surface but does not encrypt files if the device is stolen.
• Boot security: Helps ensure that only trusted software starts, but it does not fully protect the drive if an attacker accesses it offline.

• A. Microsoft 365 group with Assigned membership
• C. Microsoft 365 group with Dynamic User membership

Why?

• Assigned membership: You explicitly add User1, User2, and User3.
• Dynamic User membership: Membership is automatically determined by a rule based on user attributes.

Why the other options are incorrect

• B and D: Security groups do not support the Microsoft 365 group expiration policy.
• E: Dynamic Device groups are intended for devices, not these users, and are also security groups.

• Import: Copies data into the Power BI model. It requires scheduled or manual refresh, so it may not meet the two-minute requirement.
• Live connection: Connects to an existing Power BI semantic model or Analysis Services model; it is not the appropriate choice for connecting directly to the Azure SQL database in this scenario.

• Outer packet: 10.5.1.1 > 52.165.16.154
• IPv4 protocol field: 41, which indicates IPv6 encapsulation
• Inner packet: IPv6 traffic between 2001:... addresses

• MAC address spoofing: Changes Layer 2 addressing; it does not explain the IPv6-in-IPv4 structure.
• Steganography: Hides data inside files or media, not visibly in a tunneled protocol.
• Broken encryption: No evidence of encryption being cracked.
• On-path sniffing: Involves intercepting traffic, not sending data to an external host.

• Code suggestions: Inline completions as you write code, such as lines, functions, or blocks.
• Chat: An interactive interface for asking questions, explaining code, generating code, and helping with debugging.

• Knowledge Base: Not listed as a standard Copilot Individual IDE feature in this context.
• Pull Request Diff Analysis: More closely associated with GitHub-based code review or pull-request features, not the core Individual IDE extension capabilities.

• 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.

• Economy: Obtaining inputs at the lowest appropriate cost.
• Efficiency: Making the best use of resources, such as staff, money, and equipment.
• Effectiveness: Achieving the intended objectives or outcomes.

• Verifies the sender’s identity using their private key.
• Confirms the transaction was not altered after signing.
• Provides evidence that the signer approved or originated the transaction.

• Digital certificates: Bind an identity to a public key, but do not themselves prove that a specific transaction was signed.
• Encrypted passwords: Protect confidentiality or authentication, but generally do not provide transaction-level nonrepudiation.
• One-time passwords: Authenticate a user for a session or transaction, but usually do not provide durable proof of who authorized the electronic record.