최신 Advanced-CAMS-Audit 무료덤프 - ACAMS Advanced CAMS-Audit Certification

A. CAAT cannot be customized to scrutinize huge volumes of data and produce specific procedures thatcould replace the requirement for the auditor's own procedures.

B. Both CAAT and traditional methods of auditing allow auditors to build conclusions based upon a limited sample of a population.

C. Auditors using CAAT could have all customer addresses from the past 10 years while auditors using traditional methods of auditing could only have a sample of these customer addresses.

D. KYC data that have been incorporated into the warehouse could still be changed if need be from using CAAT.

A. Proportional

B. Risk-based

C. Judgmental

D. Statistical

A. the final audit report is ready for delivery.

B. all necessary evidence is collected and analyzed.

C. the underlying risk is reassessed and mitigated.

D. the follow-up actions are completed.

A. Advise the group board that the group should set aside the external review reports as the use of the third party independent reviewer was not authorized at group board level.

B. Rely upon the independent external review report as the base to formulate conclusions of the current onsite visit by internal audit.

C. Validate the accuracy of content of the independent external review report by recommending an audit and assess if the findings of both the independent review and audit are similar.

D. Review the independent external review report to determine the extent to which reliance can be placed on it and identify matters requiring further review by internal audit.

A. Staff attendance is incomplete because the board of directors is not part of the staff required to attend the periodic trainings, and there is no other specially designed AML training for the board.

B. Staff attendance is complete because all staff in the institution are required to attend the AML training as part of the staff onboarding process.

C. Staff attendance is incomplete because the compliance officer or the delegates are not part of the staff facilitating the 3-hour periodic AML training.

D. Staff attendance is complete because the training is mandatory for staff in the business, operations compliance and senior management whose duties involve knowledge of AML controls and processes.

A. tailored and risk-based.

B. innovative and evaluative.

C. standard and focused.

D. remedial and interdependent.

A. Set up a checkpoint before release to make sure that the release is in accordance with the specifications.

B. Check periodically if released rules are operating as per the specifications.

C. Alert the person incharge of releasing the model that me release must comply with the specifications.

D. Report this matter to the board of directors.

E. Tram KYC personnel to recognize errors in the customer risk rating model.

A. Evidence indicated inconsistent application of the client risk rating procedures and lack of evidence of enhanced due diligence measures for higher risk clients.

B. Deletion of transaction records for completed occasional transactions is operationally an efficient practice.

C. Although the evidence of enhanced due diligence performed was not available audit was satisfied that the risk of higher risk clients has been appropriately mitigated.

D. The dealers have assured they are able to identify long-standing regular clients that are typically collectors and customers for occasional transactions.

A. Discuss the client risk scoring process with the head of AML.

B. Query the completeness of the customer data to be provided.

C. Review the financial institution's AML risk assessment to understand the institution's client base.

D. Review a list of high-risk customers provided by compliance.