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Acams Advanced-CAMS-Audit Exam Questions

Exam Name: Advanced CAMS-Audit Certification Exam
Exam Code: Advanced-CAMS-Audit
Related Certification(s): Acams Audit Certification
Certification Provider: Acams
Number of Advanced-CAMS-Audit practice questions in our database: 90 (updated: Apr. 05, 2025)
Expected Advanced-CAMS-Audit Exam Topics, as suggested by Acams :
  • Topic 1: Corporate Governance and the Audit Function: This section of the exam measures the skills of auditing professionals and covers the principles and frameworks that guide effective governance in organizations. It emphasizes understanding the roles and responsibilities of the board of directors, management, and auditors. A key skill assessed is the ability to evaluate governance structures and their impact on organizational performance.
  • Topic 2: Planning and Scoping: This section of the exam measures the skills of audit managers and covers the processes involved in planning an audit engagement. It includes defining the scope, objectives, and resources required for an effective audit. A critical skill evaluated here is the ability to identify risks and develop a comprehensive audit plan that addresses those risks while ensuring compliance with relevant standards.
  • Topic 3: Fieldwork and Evaluation: This section of the exam measures the skills of target professionals to demonstrate audit procedures during fieldwork. It involves collecting evidence, testing controls, and evaluating findings to ensure accuracy and reliability.
  • Topic 4: Reporting, Recommendations, and Follow-Up: This section of the exam measures the skills of audit managers and covers the communication of audit findings to stakeholders. It includes developing clear recommendations for improvement based on evaluation results and ensuring follow-up on those recommendations.
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Romana

Exam included scenarios on auditing KYC processes. Be familiar with customer due diligence requirements and how to test their implementation.
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Rhea

2 days ago
Successfully completed CAMS-Audit! Pass4Success's exam questions were crucial. Appreciate the concise, effective prep.
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Elmer

15 days ago
Passed CAMS-Audit! Focus on audit sampling techniques. Know when to use different sampling methods and how to determine sample sizes. Pass4Success materials were invaluable.
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Leigha

29 days ago
Questions on data analytics in AML audits were prevalent. Understand how to use data analysis tools and interpret results. Grateful for Pass4Success's updated question bank!
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Aleta

1 months ago
Passed CAMS-Audit certification! Pass4Success provided exactly what I needed. Thanks for the focused study materials.
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Tequila

1 months ago
The exam covered audit reporting in depth. Know how to structure findings, recommendations, and follow-up procedures. Pass4Success mock exams were spot on!
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Chantay

2 months ago
Successfully completed CAMS-Audit! Be prepared for case studies on AML program weaknesses. Practice analyzing complex scenarios and recommending improvements.
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Bernadine

2 months ago
Aced the Advanced CAMS-Audit exam! Pass4Success's prep was invaluable. Thank you for helping me succeed in such a short time.
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Minna

2 months ago
Lots of questions on testing transaction monitoring systems. Study different testing methodologies and understand how to evaluate system effectiveness.
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Jennifer

3 months ago
The exam had a focus on audit planning and scoping. Know how to determine audit objectives and develop an effective audit plan. Thanks to Pass4Success for the comprehensive prep materials!
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Arletta

3 months ago
CAMS-Audit certified! Pass4Success made it possible with their relevant practice questions. Grateful for the efficient study material.
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Mirta

3 months ago
I am thrilled to share that I passed the Acams Advanced CAMS-Audit Certification Exam! The Pass4Success practice questions were a great help. There was a tricky question about 'transaction monitoring systems' and their role in identifying suspicious activities. It required understanding the key components that make these systems effective, and I was a bit unsure about the specifics.
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Christa

3 months ago
Encountered several questions on regulatory requirements for AML audits. Brush up on global standards and local regulations. Pass4Success practice tests were a lifesaver!
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Santos

4 months ago
Just passed the CAMS-Audit exam! The questions on risk assessment methodologies were challenging. Make sure to study different approaches to identifying and evaluating AML risks.
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Jess

4 months ago
Wow, what a journey it has been! I just passed the Acams Advanced CAMS-Audit Certification Exam, and I couldn't have done it without the practice questions from Pass4Success. One question that really stumped me was about the 'risk-based approach' in auditing. It asked how to prioritize audit resources effectively when dealing with multiple high-risk areas. I wasn't entirely sure of the best strategy, but thankfully, I still managed to pass.
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Jutta

4 months ago
Just passed the CAMS-Audit exam! Pass4Success's questions were spot-on. Thanks for the quick prep!
upvoted 0 times
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Free Acams Advanced-CAMS-Audit Exam Actual Questions

Note: Premium Questions for Advanced-CAMS-Audit were last updated On Apr. 05, 2025 (see below)

Question #1

Which should be evaluated when analyzing components of risk mitigation in an AML risk assessment? (Select Two.)

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Correct Answer: B, E

Question #2

When reviewing an entity's sanctions compliance program, the auditor should ensure who is exempt from the Office of Foreign Assets Control's regulations?

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Correct Answer: D

Question #3

Which is considered a minimum requirement in a customer identification program?

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Correct Answer: C

Question #4

Considering recent changes in the bank's correspondent banking business. Which is the most important risk indicator for the internal auditor to review?

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Correct Answer: C

Question #5

Which statements demonstrate an effective use of risk appetite in an organization? (Select Two.)

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Correct Answer: B, E

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