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Acams Advanced-CAMS-Audit Exam - Topic 3 Question 29 Discussion

An auditor should verify that an institution has ensured its AML systems and controls include:
A) supporting documents of its risk management policies and risk profile in relation to money laundering.
B) measures to ensure that money laundering risk is taken into account in its monthly operations.
C) daily reports by the institution's money laundering reporting officer on the operation and effectiveness of those systems and controls.
D) training for senior management and the governing body only. Core Components of AML Systems and Controls: Supporting documentation ensures alignment with regulatory expectations and helps auditors verify that the institution's policies and controls reflect its assessed risks. Other Options: B: Monthly operations are operational concerns, not control documentation. C: Daily reports are excessive for governance purposes. D: Training must include all staff, not only senior management.

Acams Advanced-CAMS-Audit Exam - Topic 3 Question 29 Discussion

Actual exam question for Acams's Advanced-CAMS-Audit exam
Question #: 29
Topic #: 3
[All Advanced-CAMS-Audit Questions]

An auditor should verify that an institution has ensured its AML systems and controls include:

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Suggested Answer: A

by Raylene at Apr 12, 2026, 05:05 AM

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Lisha
1 month ago
Totally agree, B) should be a priority too!
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Albina
1 month ago
A) is crucial for compliance.
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Lindsey
2 months ago
I recall that training should involve all employees, not just senior management, so D definitely doesn’t fit the requirements.
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Valda
2 months ago
I practiced a similar question where daily reports were considered excessive, so I think C is also not the best choice here.
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Lino
2 months ago
I’m not entirely sure, but I think B might be too operational and not really about the controls themselves.
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Denae
2 months ago
I remember studying that supporting documents are crucial for demonstrating compliance with AML regulations, so A seems right.
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