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Acams CAMS Exam - Topic 3 Question 110 Discussion

Which of the following are key components of the Know Your Customer (KYC) process? (Select Two.)
A) Inquiring about the source of wealth and source of funds and D) Collecting necessary documents to verify the veracity of information
B) Asking to provide a list of immediate family members
C) Verifying the financial crime awareness of the client

Acams CAMS Exam - Topic 3 Question 110 Discussion

Actual exam question for Acams's CAMS exam
Question #: 110
Topic #: 3
[All CAMS Questions]

Which of the following are key components of the Know Your Customer (KYC) process? (Select Two.)

Show Suggested Answer Hide Answer
Suggested Answer: A, D

by Judy at Apr 03, 2026, 11:40 AM

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Salena
10 days ago
I’m leaning towards A and C. Awareness of financial crime is important too.
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Samira
15 days ago
Agreed! A is crucial for understanding the client’s background.
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Chantell
20 days ago
I think A and D are the best choices. They directly relate to KYC.
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Detra
25 days ago
Isn't asking about family members part of the process? I'm surprised it's not listed.
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Xochitl
1 month ago
A and D are spot on, no doubt about it!
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Mayra
1 month ago
Wait, verifying financial crime awareness? That sounds odd.
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Pearlene
3 months ago
I thought B was important too, but I guess not.
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Helga
3 months ago
A and D are definitely key components!
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Loren
4 months ago
I’m a bit confused about C. It sounds important, but I’m not sure if it’s a core part of KYC like A and D.
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Nieves
4 months ago
I practiced a similar question before, and I chose A and D too. They seem to cover the verification aspect well.
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Jade
4 months ago
I'm not entirely sure, but I feel like A is important. I think B might not be as relevant in KYC, though.
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Silvana
4 months ago
I remember studying KYC processes, and I think A and D are definitely key components. They focus on verifying the client's financial background.
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