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Acams Exam CAMS Topic 3 Question 84 Discussion

Actual exam question for Acams's CAMS exam
Question #: 84
Topic #: 3
[All CAMS Questions]

Which unusual or suspicious activity by a financial institution's (FI's) employee requires additional investigation and scrutiny?

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Suggested Answer: C, E

by Cary at Sep 19, 2024, 02:23 PM

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Phil
3 months ago
Hmm, let me think. If the employee is taking their work home and sleeping under their desk, that's gotta be a sign of something, right? Just sayin'.
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Gearldine
3 months ago
D? Minimal exceptions? That's a good thing, isn't it? Sounds like this employee is doing their job well. What's the issue here?
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Leonor
3 months ago
C? Really? Living large on their paycheck? That's just good financial planning, not a problem at all. Lighten up, people!
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Whitney
1 months ago
That's a valid point, but it's still worth looking into to ensure everything is above board.
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Ollie
2 months ago
But what if they just have a side hustle or investments that are paying off?
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Kyoko
2 months ago
I agree, it could be a sign of potential financial misconduct or fraud.
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Benton
2 months ago
I think it's important to investigate any employee who is living beyond their means.
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Felton
4 months ago
I'd go with B. Helping the beneficiary is a bit of a red flag, you know? Doesn't hurt to dig a little deeper there.
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Cristen
2 months ago
D) The employee is involved in a minimal number of unresolved exceptions.
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Latrice
2 months ago
I agree, B does seem suspicious.
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Pura
2 months ago
B) The employee assists with transactions of a disclosed ultimate beneficiary.
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Therese
2 months ago
A) The employee avoids taking periodic vacations despite having accrued vacation time.
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Raylene
4 months ago
I believe option A is also concerning. Avoiding taking vacations could be a sign that the employee is trying to hide something.
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Yesenia
4 months ago
Definitely option A. That employee is clearly trying to hide something by avoiding vacations. You gotta keep an eye on those suspicious types!
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Donte
3 months ago
Yeah, it's a red flag for sure. We should investigate further.
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Tamar
3 months ago
I agree, avoiding vacations is definitely suspicious.
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Lisandra
4 months ago
I agree with Willis. Assisting with transactions of a disclosed ultimate beneficiary could be a red flag for illegal activities.
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Willis
4 months ago
I think option B is suspicious because it could indicate potential money laundering.
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