ACFE Exam CFE-Law Topic 1 Question 13 Discussion

Actual exam question for ACFE's CFE-Law exam

Question #: 13
Topic #: 1

The Financial Action Task Force (FATF) Recommendations slate that a financial institution s customer due diligence (COD) procedures should include continued monitoring of a customer's business relationships and transactions.

ATrue

BFalse

Show Suggested Answer

Suggested Answer: D

by Eun at Jan 09, 2023, 05:42 AM

Limited Time Offer

25%

Off

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

Contribute your Thoughts:

Submit Cancel

Raymon

11 hours ago

I think it's true because monitoring business relationships and transactions is important for detecting suspicious activities.

upvoted 0 times

...

Alva

3 days ago

A) True

upvoted 0 times

...