Free ACAMS CKYCA Exam Dumps Questions & Answers

Shell and Shelf Companies are usually what level of customer risk?

• A.Medium.
• B.High.
• C.Immediately Rejected due to their business profile.
• D.Low.

When is comes to Enhanced Due Diligence (EDD) regulators require you to do a perfect job on the client.

• A.TRUE.
• B.FALSE.

What risks are you looking for when a client has requires Enhanced Due Diligence (EDD) (Select 3)

• A.Bank Risks.
• B.Litigation Risks.
• C.Political Risks.
• D.Integrity.
• E.Transaction Risks.

If a customer is a PEP and they are using private wealth services from banks, and also appear to have obtained a fair amount of wealth is this a red flag?

• A.Depends on the exact circumstances.
• B.No.
• C.Yes.

Which situation would most likely increase the inherent risk of a corporate customer?

• A.The customer opens an additional cash management account.
• B.The customer's business expands beyond its home country.
• C.A beneficial owner of the customer goes public on a US stock exchange.
• D.A junior-level employee of the customer becomes politically exposed.