If your property Insurance has Replacement Cost Valuation (RCV) clause your damaged property will be compensated:
Correct Answer: B
Section: Risk, Response and Recovery Explanation/Reference: RCV is the maximum amount your insurance company will pay you for damage to covered property before deducting for depreciation. The RCV payment is based on the current cost to replace your property with new, identical or comparable property. The other choices were detractor: Application and definition of the insurance terms Replacement Cost Value (RCV), Actual Cash Value (ACV) and depreciation can be confusing. It's important that you understand the terms to help settle your claim fairly. An easy way to understand RCV and ACV is to think in terms of "new" and "used." Replacement cost is the item's current price, new. "What will it cost when I replace it?" Actual cash is the item's used price, old. "How much money is it worth since I used it for five years?" Hold Back Most policies only pay the Actual Cash Value upfront, and then they pay you the "held back" depreciation after you incur the expense to repair or replace your personal property items. NOTE: You must remember to send documentation to the insurance company proving you've incurred the additional expense you will be reimbursed. Actual Cash Value (ACV) ACV is the amount your insurance company will pay you for damage to covered property after deducting for depreciation. ACV is the replacement cost of a new item, minus depreciation. If stated as a simple equation, ACV could be defined as follows: ACV=RCV-Depreciation Unfortunately, ACV is not always as easy to agree upon as a simple math equation. The ACV can also be calculated as the price a willing buyer would pay for your used item. Depreciation Depreciation (sometimes called "hold back") is defined as the "loss in value from all causes, including age, and wear and tear." Although the definition seems to be clear, in our experience, value" as a real-world application is clearly subjective and varies widely. We have seen the same adjuster apply NO depreciation (100 percent value) on one claim and 40 percent depreciation almost half value) on an almost identical claim. This shows that the process of applying depreciation is subjective and clearly negotiable. Excessive Depreciation When the insurance company depreciates more than they should, it is called "Excessive depreciation." Although not ethical, it is very common. Note any items that have excessive depreciation and write a letter to your insurance company. References: http://carehelp.org/downloads/category/1-insurance-handouts.html?download=17%3Ahandout08-rcv-and-acv and http://www.schirickinsurance.com/resources/value2005.pdf and TIPTON, Harold F. & KRAUSE, MICKI, information Security Management Handbook, 4th Edition, Volume 1 Property Insurance overview, Page 587.
Question 137
An Architecture where there are more than two execution domains or privilege levels is called:
Correct Answer: A
In computer science, hierarchical protection domains, often called protection rings, are a mechanism to protect data and functionality from faults (fault tolerance) and malicious behavior (computer security). This approach is diametrically opposite to that of capability-based security. Computer operating systems provide different levels of access to resources. A protection ring is one of two or more hierarchical levels or layers of privilege within the architecture of a computer system. This is generally hardware-enforced by some CPU architectures that provide different CPU modes at the hardware or microcode level. Rings are arranged in a hierarchy from most privileged (most trusted, usually numbered zero) to least privileged (least trusted, usually with the highest ring number). On most operating systems, Ring 0 is the level with the most privileges and interacts most directly with the physical hardware such as the CPU and memory. Special gates between rings are provided to allow an outer ring to access an inner ring's resources in a predefined manner, as opposed to allowing arbitrary usage. Correctly gating access between rings can improve security by preventing programs from one ring or privilege level from misusing resources intended for programs in another. For example, spyware running as a user program in Ring 3 should be prevented from turning on a web camera without informing the user, since hardware access should be a Ring 1 function reserved for device drivers. Programs such as web browsers running in higher numbered rings must request access to the network, a resource restricted to a lower numbered ring. Ring Architecture Ring Architecture All of the other answers are incorrect because they are detractors. References: OIG CBK Security Architecture and Models (page 311) and https://en.wikipedia.org/wiki/Ring_%28computer_security%29
Question 138
Which of the following server contingency solutions offers the highest availability?
Correct Answer: D
Section: Risk, Response and Recovery Explanation/Reference: Of the offered technologies, load balancing/disk replication offers the highest availability, measured in terms of minutes of lost data or server downtime. A Network-Attached Storage (NAS) or a Storage Area Network (SAN) solution combined with virtualization would offer an even higher availability. Source: SWANSON, Marianne, & al., National Institute of Standards and Technology (NIST), NIST Special Publication 800-34, Contingency Planning Guide for Information Technology Systems, December 2001 (page 49).
Question 139
Which of the following is a device that is used to regenerate or replicate the received signals?
Correct Answer: C
Explanation/Reference: Repeaters offer the simplest form of connectivity. They regenerate received electrical signals at their original strength between cable segments. Bridges are devices used to connect similar or dissimilar LANs together to form an extended LAN. Routers provide packet routing between network segments. Brouter are devices that combine router and bridge functionality. Source: HARRIS, Shon, All-In-One CISSP Certification Exam Guide, McGraw-Hill/Osborne, 2002, chapter 7: Telecommunications and Network Security (page 397).
Question 140
Which of the following is covered under Crime Insurance Policy Coverage?
Correct Answer: D
Section: Risk, Response and Recovery Explanation/Reference: Source: TIPTON, Harold F. & KRAUSE, MICKI, Information Security Management Handbook, 4th Edition, Volume 1, Property Insurance overview, Page 589.
