最新的ACAMS Advanced CAMS-Audit Certification - Advanced-CAMS-Audit免費考試真題

A. be updated more often given the risk of the entity.

B. include a qualitative overlay that 95% of the products offered are subject to regulatory exemptions.

C. allow for sales oy third patties other than advisors since most of the customers are local residents.

D. include an assessment of jurisdiction where the customer currently resides as this may have changed.

A. Request the scheduling of preliminary discussions with management and request a walk-through of key processes

B. Request management overview of the organization conduct analytical review of processes and issue findings

C. Request data regarding financials, schedule planning meeting and perform sample testing

D. Request organizational charts, assess data for sample testing and provide an initial report

A. Discuss the client risk scoring process with the head of AML.

B. Review a list of high-risk customers provided by compliance.

C. Query the completeness of the customer data to be provided.

D. Review the financial institution's AML risk assessment to understand the institution's client base.

A. CAAT cannot be customized to scrutinize huge volumes of data and produce specific procedures thatcould replace the requirement for the auditor's own procedures.

B. Both CAAT and traditional methods of auditing allow auditors to build conclusions based upon a limited sample of a population.

C. KYC data that have been incorporated into the warehouse could still be changed if need be from using CAAT.

D. Auditors using CAAT could have all customer addresses from the past 10 years while auditors using traditional methods of auditing could only have a sample of these customer addresses.

A. M1.1

B. M3.2

C. M2.1

D. M4.2

E. M1.2

F. M5.2

A. Office of Foreign Assets Control filtering

B. Liquidity risk

C. Product risk

D. Customer risk

E. Overall customer volume

A. A fluctuating customer base in an international environment

B. A stable customer base in an international environment

C. A customer base changing due to a merger in the domestic market

D. A well-known customer base m a localized environment

A. Main office risk management committee

B. Compliance oversight committee of the New York branch headed by the chief compliance officer

C. Bank's designated board committee at the head office

D. New York branch regulatory compliance committee headed by the chief incumbent of the branch

A. Choose an audit firm based on price consideration and geographic location.

B. Select an audit firm based on recommendations from the AMI compliance officer.

C. Investigate whether the audit firm has conducted prior audits with the Fl.

D. Ensure that the scope of the audit and the experience of the auditors match the needs of the Fl.