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

Limited Time Offer

25%

Off

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

Contribute your Thoughts:

Submit Cancel

Skye

11 hours ago

This could lead to serious compliance issues.

upvoted 0 times

...

Ines

6 days ago

Totally agree, this could lead to serious issues!

upvoted 0 times

...

Herminia

11 days ago

I doubt this will actually affect their account opening.

upvoted 0 times

...

Delisa

16 days ago

Wait, how can they mix up Iran and Ireland?

upvoted 0 times

...

Sherita

21 days ago

Definitely, they’ll be screened incorrectly.

upvoted 0 times

...

Dianne

26 days ago

This is a classic case of misidentification.

upvoted 0 times

...

Afton

1 month 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.

upvoted 0 times

...

Phillip

1 month 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.

upvoted 0 times

...

Lorita

1 month 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.

upvoted 0 times

...

Crista

2 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.

upvoted 0 times

...