Free ACAMS CAMS Actual Exam Questions s - Question 6 Discussion

Maybe A makes sense too because if closing the account hits the bank’s finances hard, they might hesitate even if there’s suspicion. Financial impact can weigh heavily in these decisions.

B/C? B is about assessing risk, which is key, but C could matter too since ongoing monitoring costs impact how realistically you can manage the account. Still, risk assessment usually trumps cost here.

Maybe B makes the most sense since you want to fully understand any risks before deciding. The other options feel more like cost concerns, which shouldn't outweigh risk in AML decisions.

It’s B, because knowing risk fully helps decide if the account stays or goes.

I think the financial impact (A) should be secondary here since AML priority is more about risk management than cost. The key focus has to be on understanding the potential risk (B) involved with keeping the account open. B

Maybe D makes the most sense here. The total number of accounts closed recently could reflect how aggressively the institution is managing suspicious activity. If they’ve closed quite a few, keeping this one open might pose increased risk or scrutiny. It’s a broader measure of the institution’s current stance and could help decide if keeping an account open after filing a suspicious transaction report aligns with that approach. It’s less about individual financial impact or costs, more about the overall policy consistency.

Makes sense to focus on the bigger picture risks here, so I'd say B for procedures to determine potential risk. It’s about understanding the threat before acting.

B makes most sense since risk assessment guides all other decisions.

I’d go with B here-knowing the risk to the organization feels like the main priority before deciding to keep the account open. Does anyone think the financial impact (A) should outweigh risk assessment?