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

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.)
A) Judgment sampling and B) Stratified sampling and F) Systematic 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.
C) Discovery sampling
D) Simple random sampling
E) Snowball sampling

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

Actual exam question for Acams's Advanced-CAMS-Audit exam
Question #: 21
Topic #: 3
[All Advanced-CAMS-Audit Questions]

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.)

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Suggested Answer: A, B, F

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

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Willard
7 months ago
Simple random sampling might miss key insights in this case.
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Lemuel
7 months ago
Stratified sampling is a must for high net-worth clients, no doubt!
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Deonna
8 months ago
Wait, are we really trusting judgment sampling? Seems risky!
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Aimee
8 months ago
I think C could be useful too, but not sure if it's the best fit here.
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Mari
8 months ago
Definitely A, B, and F! Those are solid choices.
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Denny
8 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
9 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
9 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
9 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
9 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
10 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
10 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
10 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
10 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
10 months ago
I also think stratified sampling would be useful to select samples from different groups.
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Serita
10 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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Bettye
7 months ago
Stratified sampling is definitely key for high net-worth clients.
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Cassie
7 months ago
I agree, A and F are solid picks.
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Corinne
7 months ago
I think A, B, and F are the best choices.
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Kimberely
8 months ago
C is interesting, but I prefer A and B for targeted results.
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Hana
10 months ago
I agree, targeting high net-worth clients based on risk factors is important.
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Glory
11 months ago
Definitely going with B, Stratified Sampling. Targeting high net-worth clients is key, and dividing the population into groups makes total sense.
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Peggie
10 months ago
I agree, dividing the population into groups for sampling is a smart approach.
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Adelle
10 months ago
Yes, B is a good choice. It helps in targeting specific groups like high net-worth clients.
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Shalon
12 months ago
I think the auditor should use judgment sampling.
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