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Acams Exam CAMS Topic 1 Question 88 Discussion

Actual exam question for Acams's CAMS exam
Question #: 88
Topic #: 1
[All CAMS Questions]

Which are social/economic consequences of money laundering? (Choose two.)

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Suggested Answer: B, C

by Dion at Sep 17, 2024, 08:33 PM

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Vernell
1 months ago
Increase in tax revenue? Yeah, right. Like the money launderers are gonna cough up that cash to Uncle Sam. Nice try, though.
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Twana
17 days ago
C) Increase in corruption and organized crime
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Ernie
1 months ago
B) Weakening financial institutions
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Shelia
1 months ago
A) Civil war
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Georgiana
2 months ago
I believe the economic consequences of money laundering can be seen in the weakening of the country's infrastructure.
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Chantell
2 months ago
I agree with Izetta. Money laundering can also lead to an increase in corruption and organized crime.
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Marvel
2 months ago
Weakening of the country's infrastructure? Hmm, I bet that's not good for the economy. Yikes!
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Beata
1 months ago
C) Increase in corruption and organized crime
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Dorothy
1 months ago
B) Weakening financial institutions
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Aileen
1 months ago
A) Civil war
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Kristine
2 months ago
Increase in corruption and organized crime? That's a no-brainer, my dude. Gotta watch out for those shady characters.
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Izetta
2 months ago
I think the social consequences of money laundering include weakening financial institutions.
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Charlena
2 months ago
Weakening financial institutions? Well, that's a money laundering nightmare waiting to happen!
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Alline
18 days ago
E) Weakening of the country's infrastructure
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Filiberto
23 days ago
C) Increase in corruption and organized crime
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Laurel
27 days ago
A) Civil war
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