Acams CAMS Exam - Topic 1 Question 15 Discussion

Actual exam question for Acams's CAMS exam

Question #: 15
Topic #: 1

[All CAMS Questions]

Which three procedures should a compliance officer looking to revise an institution's CTF efforts include in accordance with the Wolfsberg Group's Statement on the Suppression of the Financing of Terrorism?

AConsulting applicable lists and taking appropriate actions to determine if customers appear on such lists

BReporting matches from lists of known or suspected terrorists to relevant authorities

CMaintaining customer information to facilitate timely retrieval of such information

DReviewing only original identification documents when verifying customers

Show Suggested Answer

Suggested Answer: A, B, C

by Erick at May 04, 2022, 03:50 PM

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Jaime

5 months ago

D seems a bit outdated, right?

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Mitsue

5 months ago

Totally agree with A and B!

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Ahmad

5 months ago

Wait, are we really sure C is enough?

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Luke

5 months ago

I think B is crucial too, can't skip reporting.

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Dorathy

5 months ago

A is definitely a must-have procedure!

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Alisha

6 months ago

Okay, for this type of question, I'd start by looking at the options and thinking about how each one could impact the user's desktop experience. Modifying settings to improve the user experience sounds like the most relevant choice.

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Wayne

6 months ago

Okay, I think I've got a strategy here. I'll focus on the key requirements - measuring campaign effectiveness, ROI, and Opportunity conversion. The answer is probably related to Salesforce's campaign management functionality.

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Leslie

6 months ago

Hmm, I'm a bit confused by the wording of some of these options. I'll need to make sure I understand the key differences between zero-based budgeting and the traditional incremental approach before answering.

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