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American Bankers Association CRCM Exam - Topic 10 Question 117 Discussion

OCC advisory on credit card practice-AL-2004-10 in credit card practices covers:
B) Marketing and account management practices that may be unfair or deceptive and expose a bank to compliance and reputation risk
A) Finance and credit management practices that may be unfair or deceptive and expose a bank to compliance and reputation risk
C) Marketing and account management practices
D) Marketing and account management practices that may be fair and can't expose a bank to compliance and reputation risk

American Bankers Association CRCM Exam - Topic 10 Question 117 Discussion

Actual exam question for American Bankers Association's CRCM exam
Question #: 117
Topic #: 10
[All CRCM Questions]

OCC advisory on credit card practice-AL-2004-10 in credit card practices covers:

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Suggested Answer: B

by Douglass at Oct 14, 2025, 10:49 AM

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Gerald
4 months ago
I agree with B. Account management is vital for reputation.
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Eun
4 months ago
A covers the broader scope. Both finance and marketing matter.
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Stephen
5 months ago
D seems off. Fair practices don’t need this advisory.
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Mitsue
5 months ago
I lean towards B as well. Deceptive practices are risky.
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Rozella
5 months ago
A makes sense too. Compliance is key.
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Laura
5 months ago
C seems too vague, needs more detail!
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Walker
5 months ago
Wait, are we sure D is even a thing? Sounds off.
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Ryan
6 months ago
B is definitely the most comprehensive option.
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Shaunna
6 months ago
Totally agree, A is spot on!
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Regenia
6 months ago
A covers unfair finance practices, right?
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Ngoc
6 months ago
B is the way to go. Can't have those banks getting away with any shady practices, now can we?
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Tiera
6 months ago
I'm going with B. Gotta love those OCC advisories, keeping the banks honest (or at least trying to).
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Ilda
6 months ago
Definitely B. The OCC is all about keeping banks in check and making sure they don't pull any sneaky tricks on customers.
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Gary
7 months ago
Alright, let me think this through step-by-step. The question is asking about the coverage of the OCC advisory, so I need to carefully compare the answer choices to the information provided.
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Ivette
7 months ago
The correct answer is B. The OCC advisory covers marketing and account management practices that may be unfair or deceptive and expose a bank to compliance and reputation risk.
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Phil
7 months ago
B, obviously. The OCC ain't playing around when it comes to credit card shenanigans. Banks better watch their step!
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Glen
7 months ago
I think it's B. Marketing practices are crucial.
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Chery
8 months ago
I feel pretty confident about this one. The key is recognizing that the advisory is focused on practices that expose banks to compliance and reputation risk, not just general practices.
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Mel
8 months ago
Wait, I'm a bit confused. Is this about unfair or deceptive practices, or just general marketing and account management practices? I want to make sure I don't overthink this.
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Marleen
8 months ago
Okay, I think I've got this. The question is asking about the scope of the OCC advisory, so I'll need to focus on the details in the answer choices.
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Evangelina
8 months ago
Hmm, this seems like a tricky one. I'll need to carefully review the OCC advisory to make sure I understand the key points.
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Louvenia
3 months ago
D seems off. Fair practices wouldn’t be in the advisory.
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Marge
3 months ago
I’m leaning towards B. Marketing is key here.
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Jillian
4 months ago
Yeah, option A sounds right to me.
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Selene
7 months ago
I think it’s definitely about unfair practices.
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Stevie
9 months ago
I'm leaning towards C, but I can't recall if it specifically mentions anything about compliance risks, which seems important in this context.
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Jodi
9 months ago
I feel like I might be mixing up the details, but I think B could be right since it talks about marketing practices that can be deceptive.
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Sherita
9 months ago
I remember practicing a question similar to this, and I think option A is correct because it mentions compliance risks, which are crucial.
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Sunny
9 months ago
I think the advisory mostly focuses on unfair practices, but I'm not entirely sure if it covers both finance and marketing aspects.
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