Acams Exam CAMS Topic 2 Question 49 Discussion

Actual exam question for Acams's Certified Anti-Money Laundering Specialist exam

Question #: 49
Topic #: 2

Which transaction should result in a SAR/STR filing?

AA small business owner deposits checks totaling $9,950 USD on a daily basis without providing a legitimate purpose.

BA small business owner deposits $25,000 USD in cash proceeds with a business equipment bill of sale.

CA national food-chain restaurant with multiple cash transactions at various branch locations.

DA national food-chain restaurant makes multiple, anticipated cash transactions that are above the daily reporting threshold.

Show Suggested Answer

Suggested Answer: A

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

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