CFA CFA I Exam Prep
CFA Level I Chartered Financial Analyst (Page 88 )

Statement 1 — Correct

Statement 2 — Correct

• Undefined or blank values
• Relationship matching problems
• Duplicate or conflicting keys
• Errors when querying the model

• Normalize all values to upper- or lowercase in the source query or Power Query.
• Add an index or surrogate key when values that differ only by case must remain distinct.

• 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.

• Matching hashes: The software is likely unchanged.
• Different hashes: The software or its contents have been modified.

• Encryption: Protects confidentiality, not primarily integrity.
• Baselines: Document expected configurations and support comparison, but hashing is more directly suited to verifying file integrity.
• Tokenization: Replaces sensitive data with tokens and is unrelated to software tampering.

• 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.

• Distinct values = 69

• Unique values = 4

• Vulnerability scanner: Finds known technical weaknesses in systems or applications, but does not provide complete supply-chain visibility.
• Penetration test: Simulates attacks against defined targets; it is narrower than a full supply-chain analysis.
• SCAP: A set of standards and protocols for automated security configuration and vulnerability assessment, not a comprehensive supply-chain mapping tool.

• Document feeder: A scratch, dirt, or debris on the feeder glass or rollers can create a line on every scanned image.
• Pickup rollers: Move paper through the printer; they would not normally create a scanner-only line.
• Corona wire: Affects toner charging and would cause defects on printed output.
• Drum assembly: Also affects printed pages, so faxes and computer print jobs would show the line too.

• 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.

• sn_si_admin is an SIR administrator role.
• The prefix helps prevent naming conflicts between applications.
• It does not refer to a “Secure Identity token” or an instance security check.

• 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

• Containment policy: controls permitted communication during containment.
• Detection/response configuration: determines when containment is initiated.

• 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.

Box 1: No

• configure_azure_monitor() configures Azure Monitor and the OpenTelemetry pipeline.
• LangChain requires its own instrumentation or callback tracer, such as AzureAIOpenTelemetryTracer.
• You must pass the tracer to the LangChain execution configuration so chains, tools, prompts, and model calls become spans in Application Insights.

Box 2: Yes

text 
OTEL_SERVICE_NAME=customer-agent 
OTEL_SERVICE_NAME=invoice-agent

1. Create a temporary Onboarding OU.
2. Move the new account into it.
3. Move the restrictive SCPs from the organization root to the Production OU.
4. Allow the account to update AWS Config.
5. Move the account into Production after onboarding.

• An SCP attached at the organization root applies to every account and OU beneath it.
• An SCP attached to the Production OU applies only to accounts in that OU.
• Therefore, moving the restrictive SCP from the root to Production temporarily exempts the onboarding account without weakening the policies for existing production accounts.
• Once onboarding is complete, moving the account into Production subjects it to the normal restrictions.

• Highly polished, organization-wide presentations
• Advanced dashboard design and customization
• Broader business-user distribution and interaction
• Specialized BI governance and modeling features

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.

• Relationship cardinality:

• Filter direction:

• Active versus inactive relationships: only active relationships automatically propagate filters.
• Blank or unmatched values: a fact-table value without a matching dimension row can create the model’s blank/unknown member.
• Uniqueness: the “one” side must contain unique values; duplicate keys generally belong on the “many” side.

• ??????? ?? ??????? ????? ?? ???? Discount ????? ????? ??? 0.05.
• ?? Power Query Editor? ???? ???? Discount ?? ????:

• ???? ?????? 0.05.

• Remove Errors: ???? ?????? ???? ????? ??? ?????? ???? ????? ??? ???????? ??? ??????.
• Keep Errors: ????? ??? ??????? ???? ??? ?????? ???? ??? ???????.
• Edit the query in the Query Errors group: ???? ?? ???? ????????? ???????? ???? ?? ?????? ??? ????? ???? ???????? ???????.

• Injection
• Broken access control
• Authentication failures
• Security misconfiguration
• Cross-site scripting

• STIX: A standardized language and format for exchanging threat intelligence.
• OVAL: Used to describe and assess system vulnerabilities and configuration issues.
• Threat intelligence feed: Provides current indicators and intelligence about threats, but not necessarily a structured overview of common application exploitation methods.
• CVE: A catalog of individually identified, publicly disclosed vulnerabilities.

• Installing software
• Applying configuration changes
• Calling PowerShell scripts
• Running setup or customization commands

cmd 
powershell.exe -ExecutionPolicy Bypass -File C:\Scripts\ConfigureVM.ps1

• GPO logon script: Runs only when a user logs on and depends on domain/GPO processing.
• GPO startup script: Runs during startup, but requires the VM to be domain joined and receives the applicable GPO.
• Place scripts in a VHD: Merely makes the scripts available; it does not automatically execute them.

• Incident and problem management
• Change management
• Service-level management
• Configuration management
• Continual improvement

• Kanban: A workflow and task-visualization method; useful within service teams but not a complete service-management framework.
• Lean Six Sigma: Focuses on reducing waste and process variation; broader process-improvement methodology.
• ITSM: The overall discipline of managing IT services, not a specific framework or process model.

1. Which host originated the infection
2. Whether each other host is clean or infected
3. Which firewall or host logs provide evidence of the infection’s movement

• Find the earliest infection-related event. The host associated with that event is the likely origin.
• Follow the timeline: outbound connections from that host may indicate propagation or command-and-control activity.
• A host receiving suspicious traffic is not automatically infected; look for evidence that it executed or initiated malicious activity.
• A firewall log can show traffic paths, but endpoint logs are usually needed to confirm infection.
• Mark a host clean only when the logs show no indicators of compromise or malicious activity.

• Box 1: No — The rule requires user.department to equal Engineering. Engineer does not match, so User1 is not in AU1. Admin1 cannot reset User1’s password.
• Box 2: No — Admin1’s role is scoped to AU1 and cannot manage users outside that AU.
• Box 3: Yes — Admin2 is a Global Administrator and can reset User3’s password.

• Maximum response and resolution times
• Expected uptime or availability
• Performance requirements
• Escalation procedures
• Consequences for failing to meet requirements

• SOW: Defines a project’s scope, tasks, deliverables, and schedule.
• MOA: Documents specific responsibilities agreed upon by two parties.
• MOU: Records a general understanding or intent to cooperate.

• 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.

• The ERSPAN source is the device or interface whose traffic is being copied.
• The ERSPAN destination is the device receiving the encapsulated copy and forwarding it to the traffic analyzer.
• The local monitor session number is locally significant. Therefore, the source and destination do not need matching session IDs such as 47 or 48.
• The erspan-id identifies the ERSPAN stream and must correspond between the source and destination configuration.

• Delete the City column
• Remove duplicates from the Country column

1. ???? City ??? ????? ?? ???? ?????? ???? ?????.
2. ???? ???? Country ?????? Remove duplicates ?????? ??? ?? ???? ??? ?????.

• Maintain head office control: Transfer pricing generally supports decentralisation rather than direct head-office control.
• Establish centralised decision making: This conflicts with divisional autonomy.
• Develop a top-down culture: Transfer pricing is intended to support empowered divisions and goal congruence, not impose purely top-down management.

• API tool matcher: runs a deterministic normalization command after the API tool returns.
• Write/Edit matcher: checks whether the target path begins with src/api/ and runs the linter.

json 
{ 
  "hooks": { 
    "PostToolUse": [ 
      { 
        "matcher": "api_tool", 
        "hooks": [ 
          { "type": "command", "command": "normalize-to-snake-case" } 
        ] 
      }, 
      { 
        "matcher": "Write|Edit", 
        "hooks": [ 
          { "type": "command", "command": "lint-if-under-src-api" } 
        ] 
      } 
    ] 
  } 
}

• 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.

• The vulnerability scan identifies a vulnerability.
• The administrator verifies that the vulnerability is not present.
• Therefore, the scan produced a false positive.

• True positive: A vulnerability is reported and genuinely exists.
• False negative: A vulnerability exists, but the scan fails to detect it.
• True negative: No vulnerability exists, and the scan correctly reports no issue.

1. Initiate — establish the project, scope, team, and governance.
2. Plan — develop the detailed plan, schedule, resources, and implementation approach.
3. Execute — configure, integrate, migrate, test, and prepare the solution.
4. Deploy — move the solution into production and support go-live.
5. Close — complete handover, confirm outcomes, and formally close the project.

• Smartphones and tablets
• Laptops and workstations
• Other mobile or endpoint computing devices

• 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.

1. Start with the number of devices: 260 usable addresses.
2. Use the formula:

1. Test the host-bit values:

1. IPv4 has 32 total bits:

• /24: 254 usable — too small
• /23: 510 usable — sufficient
• /22: 1,022 usable — more waste
• /21: 2,046 usable — even more waste

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.

1. It examines the source MAC address and learns it on the incoming port.
2. It examines the destination MAC address.
3. If the destination MAC is already in the MAC/CAM table, it forwards the frame only through the associated port.
4. If the destination MAC is unknown, it performs unknown-unicast flooding:

• C. Case after-insert trigger that publishes a Platform Event

• D. Custom Apex controller that publishes a Platform Event

• A. Trigger with a callout: Salesforce triggers should not make direct synchronous callouts, and this tightly couples transaction processing to the external system.
• B. Workflow Rule with Outbound Message: This can react to record changes, but it cannot reliably capture a user clicking a menu item. It also does not provide the same flexible event-driven model as Platform Events.

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.

• Company documents
• Databases
• Knowledge bases
• Current web or business data

• A: Describes diversity and inclusive design, not grounding.
• B: Describes explainability or model interpretability.
• D: Describes documenting a model’s capabilities and limitations.

• Self-signed certificate — Causes a certificate trust warning, not incorrect name resolution.
• Nameserver record — A DNS record problem would usually affect multiple users, unless only this computer uses a different DNS server.
• IP helper — Relays certain network services, commonly DHCP, between subnets; it does not normally determine website name resolution.

• Technical platform interfaces: Important for integration and interoperability, but they should support—not drive—the architecture.
• Scalability of the network: Valuable as the organization grows, but a scalable solution is ineffective if it does not meet business or security needs.
• Development methodologies: Relevant to implementation, but they do not define the organization’s fundamental security requirements.

• File policy in Microsoft Defender for Cloud Apps: Can detect activity involving files, but it is not designed specifically to investigate risk from departing or deleted users.
• Access review policy in Microsoft Entra: Reviews whether users should retain access to resources; it does not detect historical document downloads.
• Alert policy in Microsoft Defender for Office 365: Primarily handles alerts for email and collaboration threats, not insider-risk investigations involving departed users.

• Domain controllers, because the requirement specifically excludes them. However, note that both member servers and domain controllers run Windows Server, so OS targeting alone cannot distinguish them unless the targeting option allows selecting the relevant server role/version. In the usual exam interpretation, target the applicable server OS category.
• Client computers, because they run a client Windows operating system.

• Domain: Targets membership in a domain, not the computer’s operating-system type.
• Security Group: Would require creating and maintaining a group containing all member servers, increasing administrative effort.
• Environment Variable: Not designed to reliably identify member servers.

• GPS coordinates
• Date and time the image was taken
• Camera or device information
• Image dimensions and software used

• Log data: Records generated by systems or applications, not normally embedded in image files.
• Encrypted data: Information intentionally encoded to prevent unauthorized access.
• Sensitive data: A broad classification, not the specific type of information being extracted.

apex 
for (Account updatedAccount : Trigger.new) { 
    AccountTriggerHelper.notinyxternalSystem(updatedAccount.Id); 
}

• Too many callouts: The callout occurs asynchronously in the future method, and each future transaction can perform its permitted callouts.
• Too many SOQL queries: The SOQL query is inside the future execution, not repeatedly in the trigger transaction.
• Callout from triggers not supported: Direct callouts from triggers are prohibited, but the trigger delegates the callout to asynchronous Apex, which is the correct pattern.

• 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.

• Accept: Acknowledging the risk without taking additional action.
• Transfer: Moving the risk’s financial impact to a third party, such as an insurer.
• Mitigate: Reducing the likelihood or impact through controls, such as patching or employee training.
• Avoid: Eliminating the activity that creates the risk.

• Azure Machine Learning Studio is designed to build, test, train, and deploy machine-learning models, including predictive analytics.
• Azure Cosmos DB is a globally distributed NoSQL database. It can store data used by an AI solution, but it is not the primary service for developing and deploying predictive models.
• Therefore, the appropriate recommendation is Azure Machine Learning Studio, as shown in Question 15.