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American Bankers Association Exam CRCM Topic 9 Question 58 Discussion

Actual exam question for American Bankers Association's Certified Regulatory Compliance Manager exam
Question #: 58
Topic #: 9
[All Certified Regulatory Compliance Manager Questions]

A recent compliance review revealed that several branch officers are using obsolete loan application forms, which do not include disclosures related to credit insurance sales. Which of the following steps should be taken FIRST?

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Suggested Answer: D

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