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Acams CAMS Exam - Topic 2 Question 49 Discussion

Which transaction should result in a SAR/STR filing?
A) A small business owner deposits checks totaling $9,950 USD on a daily basis without providing a legitimate purpose.
B) A small business owner deposits $25,000 USD in cash proceeds with a business equipment bill of sale.
C) A national food-chain restaurant with multiple cash transactions at various branch locations.
D) A national food-chain restaurant makes multiple, anticipated cash transactions that are above the daily reporting threshold.

Acams CAMS Exam - Topic 2 Question 49 Discussion

Actual exam question for Acams's CAMS exam
Question #: 49
Topic #: 2
[All CAMS Questions]

Which transaction should result in a SAR/STR filing?

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Suggested Answer: A

by Skye at May 10, 2022, 12:44 AM

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Bettina
11 months ago
Really? D seems normal for a big chain, right?
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Kaycee
11 months ago
I agree with A, that just doesn't add up.
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Audra
11 months ago
Wait, are we sure about C? Restaurants deal with cash all the time.
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Susana
11 months ago
Definitely B, $25k in cash is a red flag!
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Jesusa
11 months ago
Option A seems suspicious, daily deposits without a purpose?
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Laquita
12 months ago
Okay, let me think this through. I know we have a centralized logging solution, so I'll need to figure out the specific settings to send the container logs there. Hopefully the solution gives me the right info to do that.
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Owen
12 months ago
This seems like a straightforward question about storage solutions. I think I'll go with option C - installing a NAS system on a new Ethernet segment. That seems like the most cost-effective and flexible solution.
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Michal
12 months ago
Hmm, this is a tricky one. I'm not totally sure about the differences between the options, but I'm leaning towards B or D since they seem to involve some kind of routing or tunneling between the VNs.
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