Deal of The Day! Hurry Up, Grab the Special Discount - Save 25% - Ends In 00:00:00 Coupon code: SAVE25
Welcome to Pass4Success

- Free Preparation Discussions
Mail Us support@pass4success.com
Location US
Mob_nav_barsMENU

American Bankers Association Exam CRCM Topic 5 Question 85 Discussion

Actual exam question for American Bankers Association's Certified Regulatory Compliance Manager exam
Question #: 85
Topic #: 5
[All Certified Regulatory Compliance Manager Questions]

Which of the following is MOST effective in strengthening an anti-money laundering program involving cash transactions?

Show Suggested Answer Hide Answer
Suggested Answer: D

by Princess at Apr 20, 2024, 06:50 PM

Limited Time Offer

25%

Off

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

Contribute your Thoughts:

Submit Cancel
Davida
9 days ago
That could also be effective in detecting money laundering activities.
upvoted 0 times
...
Jolanda
10 days ago
What about monitoring cash transactions of less than $10,000 for suspicious patterns?
upvoted 0 times
...
Zita
11 days ago
I disagree. Reviewing all deposits of $25,000 or more seems more effective to me.
upvoted 0 times
...
Davida
13 days ago
I would say completing SAR worksheets on all cash transactions of $5,000 or more.
upvoted 0 times
...
Jolanda
13 days ago
Which option do you think is most effective for strengthening an anti-money laundering program involving cash transactions?
upvoted 0 times
...

Save Cancel