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Acams Exam Advanced-CAMS-Audit Topic 4 Question 6 Discussion

Actual exam question for Acams's Advanced-CAMS-Audit exam
Question #: 6
Topic #: 4
[All Advanced-CAMS-Audit Questions]

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.)

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Suggested Answer: A, E

Contribute your Thoughts:

Mammie
21 days ago
A and E for sure. It's like my grandma always said, 'An up-to-date risk profile is worth two in the bush!'
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Roosevelt
22 days ago
Hmm, I'm not sure about D. Paying an independent third party to do all the work? Seems like a waste of money, the business should be able to handle that themselves.
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Isidra
23 days ago
Wait, what? I'm pretty sure your grandma never said that. But the point still stands - keep those profiles fresh!
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Emerson
8 days ago
E: Periodic updates to customer risk profiles, based on their assigned risk level, are critical for maintaining an accurate and dynamic risk assessment system.
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Fabiola
10 days ago
A: Regularly updating lists of high- and medium-risk countries ensures that customer risk profiles align with the most current geopolitical and economic risks.
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Erin
1 months ago
A and E seem like the most logical choices. Keeping those customer risk profiles up-to-date is crucial for any effective audit process.
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Sherman
16 days ago
E: Periodic updates to customer risk profiles, based on their assigned risk level, are critical for maintaining an accurate and dynamic risk assessment system.
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Aliza
17 days ago
A: Regularly updating lists of high- and medium-risk countries ensures that customer risk profiles align with the most current geopolitical and economic risks.
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Quentin
1 months ago
I also think periodic updates based on customer risk level are crucial for maintaining an accurate risk assessment system.
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Hubert
1 months ago
I agree with that. It's important to align customer risk profiles with current geopolitical and economic risks.
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Quentin
1 months ago
I think we should suggest compliance to regularly update the lists of high- and medium-risk countries.
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