Acams Exam CAMS Topic 4 Question 73 Discussion

Actual exam question for Acams's CAMS exam

Question #: 73
Topic #: 4

[All CAMS Questions]

A financial institution (FI) has decided to revamp its compliance program to be more risk-based. Which option should the FI use as part of the new risk-based compliance program?

ALeadership-based

BPredictive-based

CTransaction-based

DData-based

Show Suggested Answer

Suggested Answer: C

by Ettie at May 01, 2024, 10:44 PM

Limited Time Offer

25%

Off

Get Premium CAMS Questions as Interactive Web-Based Practice Test or PDF

Contribute your Thoughts:

Submit Cancel

Carline

8 months ago

I agree, Predictive-based seems proactive. Leadership-based seems too vague.

upvoted 0 times

...

Sophia

9 months ago

Predictive-based sounds effective, anticipating risks beforehand.

upvoted 0 times

...

Arlette

9 months ago

Data-based could offer comprehensive insights, don't you think?

upvoted 0 times

...

Arlette

9 months ago

Yes! It's tricky. I'm leaning towards Data-based.

upvoted 0 times

...

Carey

9 months ago

Why Data-based? I thought Transaction-based makes sense.

upvoted 0 times

...

Carline

10 months ago

Have you seen the question about the compliance program?

upvoted 0 times

...