Month End Sale Limited Time 65% Discount Offer - Ends in 0d 00h 00m 00s - Coupon code: get65

ACAMS Updated Advanced-CAMS-Audit Exam Questions and Answers by koby

Page: 5 / 6

ACAMS Advanced-CAMS-Audit Exam Overview :

Exam Name: Advanced CAMS-Audit Certification Exam
Exam Code: Advanced-CAMS-Audit Dumps
Vendor: ACAMS Certification: AML Certifications
Questions: 90 Q&A's Shared By: koby
Question 20

An organization creates a document for its audit committee listing the outstanding audit findings. The list has an executive management owner assigned to each finding, due dates for reporting management's responses and space for management to identity the actions to be taken. Which is a primary purpose of this document?

Options:

A.

Providing audit documentation of management responses

B.

Tracking completion of proposed recommendations

C.

Documenting audit team validation testing

D.

Testing resiliency of proposed recommendations

Discussion
Question 21

Which are the most important documents for an auditor to verify that a financial institution has proper controls in place for mitigating its money laundering risk exposure? (Select Two.)

Options:

A.

Money laundering risk assessment

B.

Internal controls including policies and procedures

C.

Management action plan for remediating audit findings

D.

List of politically exposed persons

E.

Log of law enforcement requests

Discussion
Zayaan
Successfully aced the exam… Thanks a lot for providing amazing Exam Dumps.
Harmony Sep 10, 2024
That's fantastic! I'm glad to hear that their dumps helped you. I also used them and found it accurate.
Peyton
Hey guys. Guess what? I passed my exam. Thanks a lot Cramkey, your provided information was relevant and reliable.
Coby Sep 6, 2024
Thanks for sharing your experience. I think I'll give Cramkey a try for my next exam.
River
Hey, I used Cramkey Dumps to prepare for my recent exam and I passed it.
Lewis Sep 11, 2024
Yeah, I used these dumps too. And I have to say, I was really impressed with the results.
Aryan
Absolutely rocked! They are an excellent investment for anyone who wants to pass the exam on the first try. They save you time and effort by providing a comprehensive overview of the exam content, and they give you a competitive edge by giving you access to the latest information. So, I definitely recommend them to new students.
Jessie Sep 28, 2024
did you use PDF or Engine? Which one is most useful?
Carson
Yeah, definitely. I would definitely recommend Cramkey Dumps to anyone who is preparing for an exam.
Rufus Aug 20, 2024
Me too. They're a lifesaver!
Question 22

Review of client files reveals that staff members have been performing negative media searches for clients only when they recognize the client name. When an interesting story is identified a print of the results is inserted in the client file. There are no clear procedures on adverse media screening. Which should the auditor recommend? {Select Two.)

Options:

A.

Evidence of negative media screening retained in client files must comprise negative reports only.

B.

All staff members should be provided with additional training to ensure they adhere to standard procedures.

C.

Identification of relevant reports via adverse media searches must be escalated for an assessment for materiality.

D.

Privacy regulation requires that clients who have a print copy of the adverse media m their files should be notified.

E.

Procedures should be enhanced to require that all clients are subject to regular negative media screening.

Discussion
Question 23

If a final audit communication contains a significant error, the chief audit executive must:

Options:

A.

recall the audit report assess the error and resubmit the correct one.

B.

report the error to the local AML regulator.

C.

reevaluate the item(s) and resubmit findings for discussion on factualaccuracy.

D.

tell those who received the communication of the error and corrections.

Discussion
Page: 5 / 6

Advanced-CAMS-Audit
PDF

$36.75  $104.99

Advanced-CAMS-Audit Testing Engine

$43.75  $124.99

Advanced-CAMS-Audit PDF + Testing Engine

$57.75  $164.99