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Acams CAMS Exam - Topic 1 Question 55 Discussion

One of the red flags of microstructuring is:
D) frequent visits to make cash deposits of nominal amounts.
A) depositing sequentially numbered checks.
B) check deposits followed by ATM withdrawals using debt card in retail store.
C) single activity in an account immediately following the opening of the account.

Acams CAMS Exam - Topic 1 Question 55 Discussion

Actual exam question for Acams's CAMS exam
Question #: 55
Topic #: 1
[All CAMS Questions]

One of the red flags of microstructuring is:

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Suggested Answer: D

by Ciara at Jul 22, 2022, 02:12 PM

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Laquanda
7 months ago
Why would anyone deposit checks in sequence? That's odd!
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Nobuko
8 months ago
I've seen A come up in cases, definitely suspicious.
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Linwood
8 months ago
Wait, are we sure about C? Seems a bit vague.
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Ryan
8 months ago
Totally agree, D stands out to me too.
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Irving
8 months ago
I think option D is a classic red flag.
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Audry
8 months ago
I’m leaning towards option B, but I remember there being a lot of focus on cash deposits in my study materials too.
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Andree
8 months ago
I feel like depositing sequentially numbered checks is suspicious, but I can't recall if that's a specific indicator of microstructuring.
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Blondell
8 months ago
I think I remember something about frequent cash deposits being a red flag, but I’m not entirely sure if it’s option D.
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Cecily
8 months ago
I practiced a similar question where they asked about unusual account activity right after opening. Could that be option C here?
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Minna
9 months ago
I'm a bit unsure about this one. The question is a bit vague, so I'll need to think it through carefully.
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Tiara
9 months ago
Okay, let's see. I'm pretty sure the maximum resource limit per group of databases and the maximum of Database Transaction Units are the key parameters to focus on.
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Mickie
9 months ago
This is a tricky one. I'm tempted to just go with the negotiation option, but I want to make sure I'm not missing any other important strategies from Cyert and March. I'll need to review those carefully before submitting my answers.
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