U.S. Independence Day Deal! Unlock 25% OFF Today – Limited-Time Offer - 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 CCAS Exam - Topic 3 Question 15 Discussion

What is a ''smart contract''?
B) A self-executing code stored on blockchain.
A) A legal agreement stored offline.
C) A compliance monitoring tool.
D) A cold storage wallet type.

Acams CCAS Exam - Topic 3 Question 15 Discussion

Actual exam question for Acams's CCAS exam
Question #: 15
Topic #: 3
[All CCAS Questions]

What is a ''smart contract''?

Show Suggested Answer Hide Answer
Suggested Answer: B

Smart contracts execute predetermined conditions automatically on blockchain, enabling decentralized applications and services.


by Alberto at May 11, 2026, 11:13 PM

Limited Time Offer

25%

Off

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

Contribute your Thoughts:

0/2000 characters
Submit Cancel
Sarah
1 month ago
I think a smart contract is related to blockchain, but I'm not sure if it's just a legal agreement or something more technical.
upvoted 0 times
...

Save Cancel