Acams CAMS Exam - Topic 4 Question 66 Discussion

Actual exam question for Acams's CAMS exam

Question #: 66
Topic #: 4

[All CAMS Questions]

Which three stages of money laundering are on-line banking vulnerable to?

APlacement

BLayering

CIntegration

DStructuring

Show Suggested Answer

Suggested Answer: A

by Elvera at Mar 02, 2023, 11:12 AM

Limited Time Offer

25%

Off

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

Contribute your Thoughts:

Submit Cancel

Francine

6 months ago

Totally agree, those stages are a huge risk!

upvoted 0 times

...

Maurine

6 months ago

Wait, are all three really that vulnerable online?

upvoted 0 times

...

Yuriko

6 months ago

Yeah, but isn't Layering the most common?

upvoted 0 times

...

Leatha

6 months ago

I think Structuring is also a big one!

upvoted 0 times

...

Erinn

7 months ago

Definitely Placement, Layering, and Integration.

upvoted 0 times

...

Queenie

7 months ago

I’m confused about structuring; I thought it was more about how cash is handled rather than online banking specifically.

upvoted 0 times

...

Bernardo

7 months ago

I feel like all three options are vulnerable, but I’m leaning towards placement, layering, and integration as the main ones.

upvoted 0 times

...

Remedios

7 months ago

I remember practicing a question like this, and I think layering is definitely one of them. Placement might be too, but I can't recall clearly.

upvoted 0 times

...

Geoffrey

7 months ago

I think the stages are placement, layering, and integration, but I'm not entirely sure if structuring fits in there too.

upvoted 0 times

...

Tyra

7 months ago

Okay, let me think this through. The key is enabling the two authors to finish each other's workflow tasks. I'm leaning towards C - adding them to the workflow-users group.

upvoted 0 times

...

Lynette

7 months ago

Okay, I remember learning about COTS, GOTS, and MOTS in one of my classes. I think COTS is the option that requires no modifications, so I'll go with that.

upvoted 0 times

...

Kati

12 months ago

Ha, online banking and money laundering, what a combo! I bet those criminals are logging in and out faster than a lightning bolt. Bet they can't keep up with my mad banking skills, though.

upvoted 0 times

...

Kimi

12 months ago

I'm going with B, C, and D. Online banking is like a money launderer's dream come true - all those layers and integrations, plus the ability to structure those transactions like a boss!

upvoted 0 times

Bobbie

11 months ago

I agree, we need to stay informed and take steps to prevent money laundering through online banking.

upvoted 0 times

...

Shawnee

11 months ago

Yeah, it's definitely a concern. We need to be vigilant in monitoring for suspicious activity.

upvoted 0 times

...

Shenika

12 months ago

I think you're right, online banking does make it easier for money launderers to layer and integrate their transactions.

upvoted 0 times

...

Tammi

1 year ago

B and C for sure, but I'm not too sure about the other one. Maybe structuring? Online banking just seems like a prime target for those money laundering scoundrels.

upvoted 0 times

Helene

11 months ago

It's important for online banking systems to have strong security measures in place to prevent money laundering.

upvoted 0 times

...

Maryanne

11 months ago

I agree, online banking makes it easy for money launderers to hide their illegal activities.

upvoted 0 times

...

Allene

12 months ago

B and C are definitely stages that online banking is vulnerable to. Structuring could also be a possibility.

upvoted 0 times

...

Alica

1 year ago

Hmm, I'm pretty sure online banking is susceptible to the layering and integration stages. Gotta keep a close eye on those electronic transactions, am I right?

upvoted 0 times

Eric

12 months ago

C) Integration

upvoted 0 times

...

Wilburn

12 months ago

B) Layering

upvoted 0 times

...

Elroy

12 months ago

A) Placement

upvoted 0 times

...

Christa

1 year ago

Ooh, this is a tricky one! I bet online banking is vulnerable to all three stages - placement, layering, and integration. Better brush up on my money laundering knowledge!

upvoted 0 times

...

Jeff

1 year ago

I believe integration could also be a stage where on-line banking is vulnerable.

upvoted 0 times

...

Myra

1 year ago

I agree with Janey, layering is definitely a risk.

upvoted 0 times

...

Janey

1 year ago

I think on-line banking is vulnerable to layering.

upvoted 0 times

...