Acams Advanced-CAMS-Audit Exam - Topic 3 Question 21 Discussion

Actual exam question for Acams's Advanced-CAMS-Audit exam

Question #: 21
Topic #: 3

An auditor plans to examine a sample targeting newly onboarded, high net-worth clients to assess adherence to their onboarding policies. What sampling methods should the auditor use? (Select Three.)

AJudgment sampling

BStratified sampling

CDiscovery sampling

DSimple random sampling

ESnowball sampling

FSystematic sampling
Sampling Methods Justification:
A . Judgment Sampling: Enables the auditor to target high net-worth clients specifically based on their judgment of risk factors.
B . Stratified Sampling: Allows for dividing the population into groups (e.g., high net-worth clients) and selecting samples from each group.
F . Systematic Sampling: Ensures a structured and unbiased selection process, suitable for large datasets.

Show Suggested Answer

Suggested Answer: A, B, F

by Josephine Loh YH at Aug 22, 2025, 07:46 AM

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Willard

3 months ago

Simple random sampling might miss key insights in this case.

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Lemuel

3 months ago

Stratified sampling is a must for high net-worth clients, no doubt!

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Deonna

3 months ago

Wait, are we really trusting judgment sampling? Seems risky!

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Aimee

4 months ago

I think C could be useful too, but not sure if it's the best fit here.

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Mari

4 months ago

Definitely A, B, and F! Those are solid choices.

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Denny

4 months ago

I definitely recall a question about discovery sampling, but I don't think it applies here since we're not looking for rare exceptions in onboarding.

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Jackie

4 months ago

I’m a bit confused about systematic sampling. I thought it was more for random selections, but maybe it could work if we have a large enough dataset?

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Luis

4 months ago

I remember practicing with stratified sampling in class; it seems like a solid option for ensuring we cover different segments of high net-worth clients.

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Pa

5 months ago

I think judgment sampling makes sense here since we want to focus on high net-worth clients, but I'm not entirely sure if it's the best choice.

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Eric

5 months ago

Wait, what's the difference between stratified sampling and systematic sampling again? I'm a bit confused on how to apply those methods in this context. I better double-check the details before answering.

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Carmelina

5 months ago

Okay, I think I've got this. Judgment sampling to focus on the high net-worth clients, stratified sampling to ensure I cover different groups, and systematic sampling to keep it organized. I feel pretty confident about this approach.

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Blair

5 months ago

Hmm, I'm a bit unsure about this one. I know judgment sampling is used when the auditor has specific knowledge, but I'm not sure how that applies here. Maybe I should review the sampling methods again before deciding.

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Merri

5 months ago

This seems like a straightforward question, I'd go with judgment sampling, stratified sampling, and systematic sampling to target the high net-worth clients and ensure a structured approach.

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Lorrie

6 months ago

I'm torn between B and F. Stratified sampling is great for the high net-worth clients, but systematic sampling has that nice, unbiased touch. Decisions, decisions!

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Jessenia

6 months ago

I also think stratified sampling would be useful to select samples from different groups.

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Serita

6 months ago

A, C, and F seem like the way to go. Judgment sampling to focus on the high-risk group, discovery sampling to uncover any hidden issues, and systematic sampling to keep it structured.

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