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 CKYCA Exam - Topic 4 Question 12 Discussion

Once a banking KYC analyst applies CDD onboarding procedures and builds a customer risk profile, ongoing monitoring needs to be implemented for the primary purpose of:
D) identifying and reporting suspicious transactions.
A) understanding the nature and purpose of the customer relationship.
B) fulfilling senior management's obligations.
C) complying with bank's internal policies and procedures.

Acams CKYCA Exam - Topic 4 Question 12 Discussion

Actual exam question for Acams's CKYCA exam
Question #: 12
Topic #: 4
[All CKYCA Questions]

Once a banking KYC analyst applies CDD onboarding procedures and builds a customer risk profile, ongoing monitoring needs to be implemented for the primary purpose of:

Show Suggested Answer Hide Answer
Suggested Answer: D

The primary purpose of ongoing monitoring after CDD is to detect unusual or suspicious activity that may indicate money laundering, terrorism financing, or other illicit behavior, so it can be reported promptly to the relevant authorities.


by Julene at Apr 12, 2026, 04:34 AM

Limited Time Offer

25%

Off

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

Contribute your Thoughts:

0/2000 characters
Submit Cancel
Vincenza
1 month ago
I think A is just as important, understanding the relationship is key.
upvoted 0 times
...
Leana
1 month ago
Definitely D, gotta catch those suspicious transactions!
upvoted 0 times
...
Tawanna
2 months ago
I feel like fulfilling senior management's obligations is important too, but it seems more like a byproduct of the monitoring process rather than the primary purpose.
upvoted 0 times
...
Melita
2 months ago
I practiced a similar question before, and I remember that compliance with internal policies is crucial, but I feel like that's more of a secondary goal.
upvoted 0 times
...
Chaya
2 months ago
I'm not entirely sure, but I remember something about understanding the nature of the customer relationship being important, which makes me consider A.
upvoted 0 times
...
Franklyn
2 months ago
I think the main goal of ongoing monitoring is to identify and report suspicious transactions, so I would lean towards D.
upvoted 0 times
...

Save Cancel