Acams CKYCA Exam - Topic 2 Question 10 Discussion

Actual exam question for Acams's CKYCA exam

Question #: 10
Topic #: 2

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

Aassigned fewer risk points.

Bprohibited from funding a new account.

Cdisallowed from opening new accounts.

Dnot screened against applicable sanctions lists.

Show Suggested 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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Ryan

14 days ago

True, but if they're misidentified, D is safer.

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Mari

19 days ago

But what about B? They might block funding.

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Renato

24 days ago

I agree, D seems likely. No sanctions check.

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Adelina

29 days ago

This is tricky. I think D makes sense.

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Paulina

1 month ago

True, but if they're misclassified, D is more probable.

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Chu

1 month ago

But what about B? Funding issues could arise.

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Vicky

1 month ago

I agree, D seems likely. No sanctions check.

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Pansy

2 months ago

This is tricky. I think D makes sense.

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Ramonita

2 months ago

True, but if they can't fund, B is also a big issue.

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Carli

2 months ago

But what about A? Fewer risk points could be a problem.

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Jettie

2 months ago

I agree, D makes sense. No sanctions check for them.

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Major

2 months ago

This is tricky. I think D is the right choice.

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Rosalind

3 months ago

I can't believe they mixed up Ireland and Iran!

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Alona

3 months ago

I doubt it will be that simple to resolve.

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Phyliss

4 months ago

Wait, how does that even happen?

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Rolland

4 months ago

Totally agree, they need to fix that ASAP!

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Skye

5 months ago

This could lead to serious compliance issues.

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Ines

5 months ago

Totally agree, this could lead to serious issues!

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Herminia

5 months ago

I doubt this will actually affect their account opening.

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Delisa

5 months ago

Wait, how can they mix up Iran and Ireland?

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Sherita

5 months ago

Definitely, they’ll be screened incorrectly.

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Dianne

5 months ago

This is a classic case of misidentification.

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Afton

6 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

6 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

6 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

6 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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