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C_S4CWM_2008

Exam Code: C_S4CWM_2008

Exam Name: SAP Certified Application Associate - SAP S/4HANA Cloud - Warehouse Management Implementation

Version: V22.75

Q & A: 580 Questions and Answers

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NEW QUESTION: 1
The current price of Company X's common shares is $50. Its estimated P/E ratio is 25x. If the company borrows funds to finance a stock repurchase at its after-tax cost of capital of 6%, its EPS will:
A. increase.
B. decrease.
C. decrease first, then increase gradually in future years.
Answer: B
Explanation:
Since the earnings yield is 1/25 = 4%, which lower than its after-tax cost of financing, earnings dilution will result from the buyback.

NEW QUESTION: 2
Which security model introduces access to objects only through programs?
A. The information flow model
B. The Biba model
C. The Clark-Wilson model
D. The Bell-LaPadula model
Answer: C
Explanation:
In the Clark-Wilson model, the subject no longer has direct access to objects but
instead must access them through programs (well -formed transactions).
The Clark-Wilson integrity model provides a foundation for specifying and analyzing an integrity
policy for a computing system.
The model is primarily concerned with formalizing the notion of information integrity. Information
integrity is maintained by preventing corruption of data items in a system due to either error or
malicious intent. An integrity policy describes how the data items in the system should be kept
valid from one state of the system to the next and specifies the capabilities of various principals in
the system. The model defines enforcement rules and certification rules.
Clark-Wilson is more clearly applicable to business and industry processes in which the integrity
of the information content is paramount at any level of classification.
Integrity goals of Clark-Wilson model:
Prevent unauthorized users from making modification (Only this one is addressed by the Biba
model).
Separation of duties prevents authorized users from making improper modifications.
Well formed transactions: maintain internal and external consistency i.e. it is a series of operations
that are carried out to transfer the data from one consistent state to the other.
The following are incorrect answers:
The Biba model is incorrect. The Biba model is concerned with integrity and controls access to
objects based on a comparison of the security level of the subject to that of the object.
The Bell-LaPdaula model is incorrect. The Bell-LaPaula model is concerned with confidentiality
and controls access to objects based on a comparison of the clearence level of the subject to the
classification level of the object.
The information flow model is incorrect. The information flow model uses a lattice where objects
are labelled with security classes and information can flow either upward or at the same level. It is
similar in framework to the Bell-LaPadula model.
References:
ISC2 Official Study Guide, Pages 325 - 327
AIO3, pp. 284 - 287
AIOv4 Security Architecture and Design (pages 338 - 342)
AIOv5 Security Architecture and Design (pages 341 - 344)
Wikipedia at: https://en.wikipedia.org/wiki/Clark-Wilson_model

NEW QUESTION: 3
During the credentialing process, a health plan verifies the accuracy of information on a prospective network provider's application. One true statement regarding this process is that the health plan
A. has a legal right to access a prospective provider's confidential medical records at any time
B. is prohibited by law from conducting primary verification of such data as a prospective provider's scope of medical malpractice insurance coverage and federal tax identification number
C. must limit any evaluations of a prospective provider's office to an assessment of quantitative factors, such as the number of double-booked appointments a physicianaccepts at the end of each day
D. must complete the credentialing process before a provider signs the network contract or must include in the signed document a provision that the final contract is contingent upon the completion of the credentialing process
Answer: D
Explanation:
Topic 2, Volume B

NEW QUESTION: 4
Suppose that you are the COMSEC - Communications Security custodian for a large, multinational corporation. Susie, from Finance approaches you in the break room saying that she lost her smart ID Card that she uses to digitally sign and encrypt emails in the PKI.
What happens to the certificates contained on the smart card after the security officer takes appropriate action?
A. New certificates are issued to the user
B. The user may no longer have certificates
C. They are added to the CRL
D. They are reissued to the user
Answer: C
Explanation:
Smart ID Cards can contain digital certifications user for establishing identity and for digitally encrypting and decrypting messages.
Commonly, there are three types of certificates on an ID Card: Identity certificate, private certificate and public certificate:
-Identity Certificate: This is the cert used to guarantee your identity, as when you swipe to enter a facility or when logging onto a computer
-Public Certificate: This is freely shared with the public. All who have it can use it to decrypt messages that you encrypt with your private key.
-Private Certificate: This is the key that you use to encrypt messages. It is a complimentary key to your public key. Only your public key can decrypt messages encrypted with the private key.
Otherwise known as PKI - Public Key Infrastructure, this is how the keys are used on your card.
Ordinarily, there is software on the computer that can, given the appropriate PIN number, log on,
digitally sign, encrypt and decrypt messages.
If you should lose your card the only certificate that is vital to be kept secret is your private key
because that can decrypt messages encrypt with your public key.
If this happens, the private key is added to the CRL - Certificate Revocation List. It is published by
the Certificate Authority or CA server and must periodically be downloaded so that the system
knows which certificates to trust and which not to trust.
Notably, revocation lists can become quite large and slow to download, especially over slower or
tactical military networks. Also, certificates can be in one of two states on the CRL: Revoked or
Hold. A hold can be reversed but once in revoked status, it is gone forever
ABOUT OCSP
Another way of validating if a certificate is valid is using OCSP.
The Online Certificate Status Protocol (OCSP) is an Internet protocol used for obtaining the revocation status of an X.509 digital certificate. It is described in RFC 6960 and is on the Internet standards track. It was created as an alternative to certificate revocation lists (CRL), specifically addressing certain problems associated with using CRLs in a public key infrastructure (PKI). Messages communicated via OCSP are encoded in ASN.1 and are usually communicated over HTTP. The "request/response" nature of these messages leads to OCSP servers being termed OCSP responders.
The following answers are incorrect:
-They are reissued to the user: This isn't correct because once a private certificate is lost, it may never again be trusted because it has been out of control of the user.
-New certificates are issued to the user: This is actually correct but not what happens first. Ordinarily the previous certificates for the users are added to the CRL and THEN the new certificates are issued to the user. This way there is no chance a double set of certs are out there for a single user.
-The user may no longer have certificates: This isn't correct, unless the user is fired or quits. Users must have certificates to operate in a PKI environment. (Public Key Infrastructure)
The following reference(s) was used to create this question: 2013. Official Security+ Curriculum.

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