American Bankers Association Exam CRCM Topic 3 Question 106 Discussion

Actual exam question for American Bankers Association's CRCM exam

Question #: 106
Topic #: 3

Which of the following is MOST effective in strengthening an anti-money laundering program involving cash transactions?

AReview all deposits of $25,000 or more

BComplete CTR worksheets on all cash transactions of $5,000 or more

CComplete SAR worksheets on all cash transactions of $5,000 or more

DMonitor cash transactions of less than $10,000 for suspicious patterns

Show Suggested Answer

Suggested Answer: D

by Truman at Jan 27, 2025, 12:12 PM

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