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Acams CKYCA Exam - Topic 2 Question 10 Discussion

An Iranian customer is incorrectly recorded in the system as being from Ireland. As a result of this error, the customer will be:
A) assigned fewer risk points.
B) prohibited from funding a new account.
C) disallowed from opening new accounts.
D) not screened against applicable sanctions lists.

Acams CKYCA Exam - Topic 2 Question 10 Discussion

Actual exam question for Acams's CKYCA exam
Question #: 10
Topic #: 2
[All CKYCA Questions]

An Iranian customer is incorrectly recorded in the system as being from Ireland. As a result of this error, the customer will be:

Show Suggested Answer Hide Answer
Suggested Answer: A

Misrecording the customer's country as a low-risk jurisdiction like Ireland instead of a high-risk sanctioned jurisdiction like Iran would result in the system assigning fewer risk points, underestimating the customer's true risk level.


by Kallie at Mar 09, 2026, 01:05 AM

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Pansy
4 days ago
This is tricky. I think D makes sense.
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Ramonita
10 days ago
True, but if they can't fund, B is also a big issue.
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Carli
15 days ago
But what about A? Fewer risk points could be a problem.
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Jettie
20 days ago
I agree, D makes sense. No sanctions check for them.
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Major
25 days ago
This is tricky. I think D is the right choice.
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Rosalind
1 month ago
I can't believe they mixed up Ireland and Iran!
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Alona
1 month ago
I doubt it will be that simple to resolve.
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Phyliss
3 months ago
Wait, how does that even happen?
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Rolland
3 months ago
Totally agree, they need to fix that ASAP!
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Skye
3 months ago
This could lead to serious compliance issues.
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Ines
3 months ago
Totally agree, this could lead to serious issues!
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Herminia
3 months ago
I doubt this will actually affect their account opening.
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Delisa
4 months ago
Wait, how can they mix up Iran and Ireland?
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Sherita
4 months ago
Definitely, they’ll be screened incorrectly.
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Dianne
4 months ago
This is a classic case of misidentification.
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Afton
4 months ago
I think the answer is A because if they're misclassified, they might be seen as lower risk, but I could be wrong about that.
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Phillip
4 months ago
I feel like I read something about how incorrect data can lead to account restrictions, but I can't recall if that means they can't open new accounts.
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Lorita
4 months ago
This seems similar to a practice question we did about customer verification errors. I think the answer might be D, since the system could miss sanctions checks.
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Crista
5 months ago
I remember we discussed how incorrect country information could affect risk assessments, but I'm not sure if it specifically leads to fewer risk points.
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