CFA CFA I Exam Prep
CFA Level I Chartered Financial Analyst (Page 201 )

• Business
• People
• Governance
• Platform
• Security
• Operations

• Sustainability
• Performance efficiency
• Reliability

• The application stores data on Amazon EBS volumes, so the encryption should be applied directly to those volumes.
• EBS encryption uses AWS-managed cryptographic operations and is designed to provide encryption at rest with minimal performance impact.
• The volumes are created during initial deployment, so they can be configured as encrypted when provisioned.

• B: Moving data to an encrypted S3 bucket changes the storage design and does not encrypt the EBS data the application uses.
• C: A custom encryption algorithm adds application overhead and is unnecessary.
• D: Ephemeral disks are temporary storage and can lose data when instances stop or terminate. Encrypting only the AMI’s root volume does not protect data stored elsewhere.

DAX 
Previous Year Sales = 
CALCULATE( 
    [Total Sales], 
    PARALLELPERIOD('DATE'[Month], -1, YEAR) 
)

• CALCULATE evaluates [Total Sales] after modifying the filter context.
• PARALLELPERIOD shifts the current date period. -1 moves it backward, and YEAR specifies a one-year shift.
• 'DATE'[Month] is the date column used for the time calculation. In a proper date table, this should be a real date column or an appropriate calendar column—not merely text such as "January".

Correct sequence

1. Merge Sales_Region with Sales_Manager using an inner join

1. Merge Region_Manager with Manager using an inner join

1. Merge Sales_Region and Region_Manager using a right join as a new query

• Accept: Acknowledge the risk and take no additional action.
• Transfer: Shift the risk or its financial impact to another party, such as through insurance or outsourcing.
• Mitigate: Reduce the likelihood or impact of the risk, such as by implementing security controls.
• Avoid: Eliminate the activity or exposure that creates the risk.

• The underside clips or hinges are broken.
• The cap is stuck, loose, or misaligned.
• The cap no longer presses the switch correctly.
• The cap itself is missing or physically damaged.

• Self-signed certificate: Causes a browser security warning, not incorrect name resolution.
• Nameserver record: A DNS problem would typically affect multiple users, not just one workstation.
• IP helper: Relays services such as DHCP across network segments; it does not resolve website names.

• Data owners: Decide who should have access and approve the access rules.
• Business process owners: May help define business requirements, but normally do not enforce technical permissions.
• Security steering committee: Provides governance and direction; it does not manage individual access rights.
• Security administrators: Apply and enforce the approved access controls.

• Warehouse size: Larger warehouses use more credits per unit of time than smaller ones.
• Number of clusters: A multi-cluster warehouse can run multiple clusters, and each active cluster consumes credits. Therefore, increasing the maximum or active cluster count can increase consumption.

• Number of users: More users may cause more workload, but users themselves do not consume credits.
• Amount of data processed: Snowflake warehouses are not charged directly by the amount of data scanned. However, processing more data may cause the warehouse to run longer, indirectly increasing credits.

• Accept: Acknowledging the risk and choosing not to take additional action.
• Transfer: Shifting the risk or financial consequences to another party, such as an insurer.
• Mitigate: Reducing the likelihood or impact through controls, such as patching or access restrictions.
• Avoid: Eliminating the activity that creates the risk.

• STIX: A standardized format for exchanging cyber-threat intelligence.
• OVAL: A language and framework for describing and assessing system vulnerabilities and configuration issues.
• Threat intelligence feed: Provides current indicators or threat information, but is not specifically a reference for common application exploitation techniques.
• CVE: A catalog of publicly disclosed vulnerabilities, identified by unique CVE numbers.

• delta.logRetentionDuration
• delta.deletedFileRetentionDuration

• delta.deletedFileRetentionDuration controls how long physically deleted or obsolete data files are retained before they become eligible for removal by VACUUM. Set it to interval 30 days.
• delta.logRetentionDuration controls how long Delta transaction-log history is retained. Set it to interval 30 days to support audits and time travel for that period.

sql 
ALTER TABLE Catalog1.Schema1.Table1 
SET TBLPROPERTIES ( 
  'delta.logRetentionDuration' = 'interval 30 days', 
  'delta.deletedFileRetentionDuration' = 'interval 30 days' 
);

• 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

• No servers or database infrastructure to provision.
• Uses standard SQL.
• Supports formats such as JSON, CSV, Parquet, and ORC.
• You typically define the table structure with AWS Glue Data Catalog or Athena’s own schema definitions.
• Charges are generally based on the amount of data scanned, so partitioning and columnar formats can reduce cost.
• It does not copy the data into a separate database; it reads the files in S3 when you run a query.

• Red team: Offensive security; simulates attackers and validates exploitability.
• Blue team: Defensive security; monitors, detects, and responds to attacks.
• Purple team: Helps red and blue teams collaborate and improve defenses; not usually the primary testing role.
• White team: Oversees and coordinates the rules, scope, and authorization of an exercise.

• Domínios personalizados.
• Armazenamento suficiente.
• Instâncias dedicadas.
• Balanceamento de carga.
• Menor custo entre os planos que atendem a tudo.

• Streams — track change data for tables or views.
• External tables — reference data stored in an external cloud storage location.

• Role — account-level security object.
• Warehouse — account-level compute resource.
• User — account-level security object.
• Share — account-level object used to share data.

• Create procurement-manager-role only in the shared services accounts, where procurement managers operate.
• Attach AWSPrivateMarketplaceAdminFullAccess to that role.
• Procurement managers assume the role when they need to administer Private Marketplace.
• Apply a root-level SCP that explicitly denies Private Marketplace administration to everyone except that role. The SCP acts as a maximum-permission boundary across member accounts.
• Add another SCP denying creation of a role with the same name. Otherwise, another administrator might create a similarly named role and bypass the intended exception.

• Creating the role in every account increases administration and creates more opportunities for misuse.
• A permissions boundary on developer roles does not prevent other administrators from managing Private Marketplace.
• Applying the SCP only to shared services accounts would not protect the rest of the organization.

• Espionage: Stealing information, usually for competitive or political purposes.
• Data exfiltration: Unauthorized removal or transfer of data.
• Nation-state attack: An attack sponsored or conducted by a government.
• Shadow IT: Unapproved technology or access methods used by employees.

• Share of overall contribution: part of the organization’s total contribution is allocated to the supplying division.
• Dual pricing: the supplying division may record a higher transfer price while the receiving division records a lower price, with central accounts absorbing the difference.
• A centrally imposed price range: this may allow the transfer price to be set above variable cost, helping the supplying division recover fixed costs.

• C — Some risks cannot be eliminated.

• D — Accepting residual risk does not imply recklessness.

• E — Most companies in this industry will say something similar.

• A — Improved management of storage space: Correct.

• B — Improved supplier relationships: Correct.

• C — Improved pricing decisions: Correct.

• D — Non-product-specific costs must be apportioned: Incorrect.

• E — Profitability of each customer group: Incorrect.

• 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.

• 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.

• Crowd-sourced evaluation: Requires recruiting and managing many evaluators.
• Human-worker evaluation: Provides human judgment but requires coordination, labeling instructions, and quality control.
• RLHF: Is a training and alignment process, not simply a low-overhead model comparison method.
• Automatic model evaluation: Quickly evaluates outputs using predefined toxicity or quality metrics with minimal manual effort.

• Packet capture: Collects and analyzes network traffic; it does not describe the scan type.
• Privilege escalation: Attempts to gain higher permissions after obtaining access.
• System enumeration: Identifies systems, services, or resources, but is not specifically defined by the lack of credentials.
• Passive scan: Observes traffic without actively probing systems. A vulnerability scan is generally an active assessment.

• Future costs — Only costs occurring in the future can be affected by the investment decision. Past costs are sunk and irrelevant.
• Incremental costs — These are additional costs caused by choosing the investment. They are relevant because they differ between alternatives.
• Cash flows — Capital investment decisions are based on future cash inflows and outflows, usually discounted to present value.

• Committed costs have already been agreed or incurred and generally cannot be changed by the decision.
• Unavoidable costs will arise regardless of which option is selected, so they do not affect the choice.

• The Azure DevOps (Boards only) connector is designed specifically for Azure DevOps Analytics views.
• It authenticates directly to Azure DevOps and lets you select an existing Analytics view.
• Filters defined in the Analytics view are applied by Azure DevOps before Power BI retrieves the data, reducing the amount of data transferred.

• Azure DevOps Server (Boards only) is for on-premises Azure DevOps Server.
• OData Feed can consume OData endpoints, but it is not the dedicated Azure DevOps Analytics-view connector.
• OData queries are not the intended dedicated connector for this requirement.

• The Speech resource subscription key
• The Azure region
• Optional endpoint and speech settings

python 
speech_config = speechsdk.SpeechConfig( 
    subscription=key, 
    region=region 
)

• SpeechSynthesizer converts text to speech.
• It uses a SpeechConfig, but it does not configure the service connection itself.

• AudioConfig: Defines audio input or output sources.
• AudioOutputConfig: Defines where synthesized audio should be sent.
• SpeechConfig: Configures the Azure Speech service connection.

• Penetration test: Tests for exploitable vulnerabilities; it does not provide a broad opinion on whether security controls operate effectively.
• Annual self-assessment: Not independent, so it provides less assurance.
• Allow each client the right to audit: Inefficient because every customer may conduct a separate audit, creating duplicated effort and disruption.

• One network address
• Two usable host addresses—one for each router
• One broadcast address

• Router A: 10.2.1.1
• Router B: 10.2.1.2

• B — Notify affected business units: Notification should follow an initial determination of scope and impact; otherwise, the organization may communicate incomplete or inaccurate requirements.
• C — Assess noncompliance risk: Risk assessment requires understanding the regulation’s requirements first.
• D — Inform senior management: Management should be informed, but with a clear summary of the regulation’s impact, risks, and recommended actions.

• A PostToolUse hook for file writes under src/api/ that runs the linter.
• A separate PostToolUse hook for API/data processing that normalizes payloads to snake_case.

• O dispositivo estar registado no Windows Autopilot;
• A atribuição de Profile1 ao grupo;
• O estado de associação ao Microsoft Entra ID e de inscrição no Intune/MDM.

• Asynchronous inference is designed for applications that submit individual inference requests, place them in a queue, and retrieve results later. It is useful when requests may take a long time or when traffic is intermittent.
• Batch transform is designed specifically to run inference over an entire large dataset stored in Amazon S3 and produce an output dataset.

• Large dataset/offline processing ? Batch transform
• Large or slow individual requests processed later ? Asynchronous inference

• Profitability and financial performance
• Long-term business viability
• Responsible use of resources
• Delivering returns to shareholders

• Social concerns people, communities, labour standards and human rights.
• Environmental concerns impacts on the planet, such as emissions and resource use.
• Legal is important for compliance, but it is not one of the three Triple Bottom Line pillars.

• SOSL searches text across objects and is not appropriate for selecting Account table columns.
• describeSObjects() provides metadata about objects and fields, but it does not itself build or execute the query.
• Dynamic Schema binding supports runtime determination of object and field information, which is required here.
• REST API is unnecessary because this is being implemented in Apex.

1. The specific table — for example, incident
2. The parent table — for example, task
3. The wildcard table — *, which applies broadly

1. System prompts can authorize users — No

1. System prompts can reduce TPM consumption — Yes, with qualification

1. System prompts guide generative AI behavior — Yes

• B: Developer Edition has limited user, storage, and data-volume capacity, making realistic community testing difficult.
• C: A Developer Edition org cannot contain sandboxes, so it cannot provide separate environments for development, integration, and UAT.
• E: A standalone Developer Edition org is not part of the production org’s deployment path, so change sets cannot be used to deploy from it directly to that production org. The team would need Metadata API, Salesforce CLI, or another deployment method.

• Products ? OrderHistory: Products is 1, OrderHistory is many (1:*)

• Date ? OrderHistory: Date is 1, OrderHistory is many (1:*)

• Sustainability
• Performance efficiency
• Reliability

• Marketing users: Dynamic Forms can show all fields.
• Support users: Field visibility rules can display only the Support preference fields on the record page.
• Reporting: Both profiles can still report on all fields because Dynamic Forms controls page visibility, not the underlying field access.

• A — Two record types and page layouts: Page layouts can control field placement and editability, but they are less flexible for conditional field visibility and would not be the best fit here.
• C — Muting permission set: Permission-set muting is used with permission-set groups; it does not conditionally hide fields on a page.
• D — Field-Level Security: FLS would remove field visibility at the security level. If fields are hidden by FLS, users generally cannot report on or access those fields, conflicting with the requirement that both users report on all data.

• JobTitle: User1 and User3 only
• UsageLocation: User1, User2, and User3

• For a user whose source of authority is Windows Server Active Directory, attributes such as JobTitle are synchronized to Microsoft Entra ID. You must change them in on-premises AD; editing them in Entra ID is not allowed or will be overwritten.
• UsageLocation is a cloud-managed attribute used mainly for licensing and service availability. It can be set or changed in Microsoft Entra ID, including for synchronized users.

• Defender for Servers is the Defender for Cloud plan that protects Azure VMs and generates security alerts that can be reviewed in Defender for Cloud.
• Azure Diagnostics extension collects guest OS monitoring data, but it does not onboard VMs to Defender for Cloud or provide Defender security alerts.
• Data connectors are used for Sentinel integrations.
• Azure Storage Analytics and workflow automation do not provide VM protection.

1. Yes — Microsoft Foundry provides a secure, governed environment for building and managing generative AI applications and agents. It brings together models, data, tools, evaluation, deployment, and monitoring.

1. Yes — Foundry is designed for enterprise workloads and supports scaling AI applications as usage grows. Scalability comes from the underlying Azure services and managed infrastructure.

1. Yes — Foundry can be used in solutions involving image recognition and computer vision. Applications can use vision-capable models and Azure AI vision capabilities for tasks such as image analysis, object detection, and OCR.

• Authentication: Verifies who the user is.
• Authorization: Determines what the authenticated user is allowed to access.
• Accounting: Records login activity and resource usage.

• CIA: Confidentiality, integrity, and availability—the core security objectives.
• ACL: Access Control List; rules that permit or deny traffic or access.
• PEM: A format and standard commonly associated with encoded certificates and keys.

• Determine risk tolerance: Tolerance defines how much variation or exposure the organization is willing to accept. Scenarios may help apply tolerance, but they do not primarily determine it.
• Determine risk appetite: Risk appetite is established at an enterprise or governance level. Scenarios help compare risks with the appetite; they do not normally establish it.
• Develop risk responses: Once risks are identified and assessed, scenarios support response planning. However, response development comes later.

• Constrained VMs: VMs whose workloads are experiencing resource pressure, such as insufficient CPU or memory. They may need additional resources or optimization.
• Overprovisioned VMs: VMs allocated more CPU, memory, or storage than their workloads require. Their resources may be reclaimed or reduced.

• Underprovisioned VMs: This is not the predefined view identified for this report question.
• Zombie VMs: These are typically inactive or unused VMs and are useful for cleanup, but they are not the two views specifically intended here to identify inefficient resource allocation.

• B — Incorporate contextual output encoding/escaping: Encode untrusted data based on its context—HTML, attribute, JavaScript, or URL—so the browser treats it as data rather than executable code.
• D — Run untrusted HTML input through an HTML sanitization engine: Sanitization removes or neutralizes dangerous elements and attributes, such as script-related content, while preserving safe HTML where needed.

• A: Enabling client-side scripts does not prevent XSS. Script restrictions may reduce risk in some environments, but “enable” is not a general XSS control.
• C: Cookie inspection is unrelated to preventing injected scripts.
• E: The SameSite cookie attribute primarily helps mitigate CSRF, not XSS. It should not generally be described as an XSS prevention measure.