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Free Acams Advanced-CAMS-Audit Exam Practice Questions

Acams Advanced-CAMS-Audit Exam

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Acams Advanced-CAMS-Audit Exam Sample Questions & Answers

Q1.

An audit finding can be closed when:

Q2.

The auditor reviews the AML compliance program and after a walk-through, determines that AML-related reports to the board could be useful to test the governance and management oversight. The AML reports vary in content and complexity. Which sampling method should the auditor select?

Q3.

Which factors should be taken into consideration in designing a follow-up strategy when remedial action needs to be taken due to deficiencies identified in an AML audit?

Q4.

During the auditing process the auditor finds that the entity never updates the customers risk assessment. Which remediation actions should the auditor suggest? (Select Two.)

Q5.

in addition to this investigation report, what Information should the auditor expect to find in the investigative file? (Select Two.)

Solutions:
Question: 1 Answer: D
Question: 2 Answer: B
Question: 3 Answer: D
Question: 4 Answer: A, E
Question: 5 Answer: C, E
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