Deal of The Day! Hurry Up, Grab the Special Discount - Save 25% - Ends In 00:00:00 Coupon code: SAVE25
Welcome to Pass4Success

- Free Preparation Discussions
Mail Us support@pass4success.com
Location US
Mob_nav_barsMENU

Acams CAMS Exam - Topic 3 Question 35 Discussion

When providing reporting of STRs to the board, which of the following should be provided?
C) A summary of all key STRs, including PEPs and key employees
A) A numerical summary of all the STRs
B) A numerical summary of all the STRs and a summary of key STRs, including PEPs, key employees
D) All the STRs filed with the national FIU

Acams CAMS Exam - Topic 3 Question 35 Discussion

Actual exam question for Acams's CAMS exam
Question #: 35
Topic #: 3
[All CAMS Questions]

When providing reporting of STRs to the board, which of the following should be provided?

Show Suggested Answer Hide Answer
Suggested Answer: C

by Junita at May 05, 2022, 01:19 PM

Limited Time Offer

25%

Off

Get Premium CAMS Questions as Interactive Web-Based Practice Test or PDF

Contribute your Thoughts:

0/2000 characters
Submit Cancel
Sherrell
10 months ago
PEPs and key employees are crucial for context!
upvoted 0 times
...
Rodrigo
10 months ago
Wait, all STRs filed? That sounds excessive.
upvoted 0 times
...
Thurman
10 months ago
Option B seems the most comprehensive.
upvoted 0 times
...
Nu
10 months ago
I think just a numerical summary is enough.
upvoted 0 times
...
Wenona
11 months ago
Definitely need a summary of key STRs too!
upvoted 0 times
...
Raymon
11 months ago
I'm feeling pretty confident about this question. The board needs to know about the key STRs, so I'd go with option C. A summary of all the key STRs, including PEPs and key employees, should give them the information they need.
upvoted 0 times
...
Vanna
11 months ago
Ah, this is a good one. I think option B is the way to go - a numerical summary of all the STRs, plus a summary of the key ones. That way, the board gets the big picture as well as the important details.
upvoted 0 times
...
Twana
11 months ago
Hmm, I'm a bit unsure about this one. Do we need to provide a numerical summary of all the STRs, or just the key ones? I'll have to re-read the question carefully to make sure I understand what's being asked.
upvoted 0 times
...
Lucy
11 months ago
This looks like a straightforward compliance question. I think the key is to focus on what the board needs to know - a summary of the key STRs, including PEPs and key employees, would be the most relevant information.
upvoted 0 times
...
Linwood
12 months ago
I'm a bit confused by the wording of these options. Can quality control really be described as the "overall intentions and directions" of an organization? That doesn't seem quite right to me.
upvoted 0 times
...
Annelle
12 months ago
I'm a bit confused by this question. I don't recall learning about the NetWitness Trust Model in class. I'll have to guess on this one.
upvoted 0 times
...

Save Cancel