Deal of The Day! Hurry Up, Grab the Special Discount - Save 25%
- Ends In
00:00:00
Coupon code:
SAVE25
X
Welcome to Pass4Success
Login
|
Sign up
-
Free
Preparation Discussions
Mail Us
support@pass4success.com
Location
US
MENU
Home
Popular vendors
Salesforce
Microsoft
Nutanix
Amazon
Google
CompTIA
SAP
VMware
Fortinet
PeopleCert
Eccouncil
HP
Palo Alto Networks
Adobe
ServiceNow
Dell EMC
CheckPoint
Linux Foundation
Discount Deals
New
About
Contact
Login
Sign up
Home
Discussions
Acams Discussions
Exam Advanced-CAMS-Audit Topic 2 Question 5 Discussion
Acams Exam Advanced-CAMS-Audit Topic 2 Question 5 Discussion
Actual exam question for Acams's Advanced-CAMS-Audit exam
Question #: 5
Topic #: 2
[All Advanced-CAMS-Audit Questions]
Which action would an auditor take to evaluate design effectiveness?
A
Check whether the policies and procedures are consistent with the authorities' regulations.
B
Carry out a sample check of suspicious activity reports and make sure they are in line with policies and procedures.
C
Confirm that alerts in transaction monitoring have been properly escalated or waived.
D
Confirm that customer records are being kept in accordance with policies and procedures.
Show Suggested Answer
Hide Answer
Suggested Answer:
A
by
Dean
at
Jan 11, 2025, 09:02 AM
Limited Time Offer
25%
Off
Get Premium Advanced-CAMS-Audit Questions as Interactive Web-Based Practice Test or PDF
Contribute your Thoughts:
Submit
Cancel
Miss
20 days ago
Wait, is this a trick question? I bet the answer is 'All of the above' - gotta cover all your bases, you know?
upvoted
0
times
...
Brice
1 months ago
Checking suspicious activity reports? Sounds like a wild goose chase to me. Let's keep it simple and look at the big picture.
upvoted
0
times
Mila
15 days ago
D) Confirm that customer records are being kept in accordance with policies and procedures.
upvoted
0
times
...
Quentin
27 days ago
C) Confirm that alerts in transaction monitoring have been properly escalated or waived.
upvoted
0
times
...
Edwin
1 months ago
A) Check whether the policies and procedures are consistent with the authorities' regulations.
upvoted
0
times
...
...
Lorean
1 months ago
I believe option C is also important, as proper escalation of alerts is key to evaluating design effectiveness.
upvoted
0
times
...
Vallie
2 months ago
I agree with Avery, because checking consistency with regulations is crucial for design effectiveness.
upvoted
0
times
...
Felicitas
2 months ago
Hmm, I'm not sure. Keeping customer records in line with policies seems pretty important too. Can't ignore that compliance aspect.
upvoted
0
times
...
Derick
2 months ago
Nah, I'd say confirming the escalation of transaction monitoring alerts is key. Gotta make sure those red flags are being addressed.
upvoted
0
times
Carmelina
8 days ago
B) Carry out a sample check of suspicious activity reports and make sure they are in line with policies and procedures.
upvoted
0
times
...
Doug
9 days ago
C) Confirm that alerts in transaction monitoring have been properly escalated or waived.
upvoted
0
times
...
Evette
12 days ago
A) Check whether the policies and procedures are consistent with the authorities' regulations.
upvoted
0
times
...
...
Bo
2 months ago
I think checking the consistency of policies and procedures with regulations is the way to go. That's the foundation, right?
upvoted
0
times
Sean
1 months ago
D) Confirm that customer records are being kept in accordance with policies and procedures.
upvoted
0
times
...
Stanton
1 months ago
C) Confirm that alerts in transaction monitoring have been properly escalated or waived.
upvoted
0
times
...
Gretchen
2 months ago
A) Check whether the policies and procedures are consistent with the authorities' regulations.
upvoted
0
times
...
...
Avery
2 months ago
I think the auditor would choose option A.
upvoted
0
times
...
Log in to Pass4Success
×
Sign in:
Forgot my password
Log in
Report Comment
×
Is the comment made by
USERNAME
spam or abusive?
Commenting
×
In order to participate in the comments you need to be logged-in.
You can
sign-up
or
login
Save
Cancel
Miss
20 days agoBrice
1 months agoMila
15 days agoQuentin
27 days agoEdwin
1 months agoLorean
1 months agoVallie
2 months agoFelicitas
2 months agoDerick
2 months agoCarmelina
8 days agoDoug
9 days agoEvette
12 days agoBo
2 months agoSean
1 months agoStanton
1 months agoGretchen
2 months agoAvery
2 months ago