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.)

AInquiring about the source of wealth and source of funds

BAsking to provide a list of immediate family members

CVerifying the financial crime awareness of the client

DCollecting necessary documents to verify the veracity of information

Show Suggested Answer

Suggested Answer: A, D

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

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19 days 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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24 days 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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29 days 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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1 month 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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