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Acams CAMS Exam - Topic 3 Question 7 Discussion

Actual exam question for Acams's CAMS exam
Question #: 7
Topic #: 3
[All CAMS Questions]

A compliance officer is conducting a review of the automated transaction monitoring system. What would be most likely to result in a change in the monitoring system parameters?

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Suggested Answer: C

by Fletcher at May 05, 2022, 10:31 AM

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Carma
6 months ago
Creditworthiness changes might not impact monitoring parameters as much.
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Jose
6 months ago
A subpoena could lead to changes too, but not as directly as new risk indicators.
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Eileen
6 months ago
Wait, how does a local paper affect monitoring systems? Seems off.
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Annabelle
7 months ago
Totally agree, option C is the most likely reason!
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Cassi
7 months ago
New risk indicators from the Financial Intelligence Unit can definitely trigger changes.
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Lili
7 months ago
Okay, I'm pretty sure Rot13 is a single substitution cipher, so that's out. Caesar and Atbash are also single substitution, right? That leaves Vigenère as the multi-alphabet cipher.
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Kendra
7 months ago
No problem, I've got this. The key is to remember the present value formula and plug in the given values. I'll work through it carefully and double-check my work before selecting an answer.
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