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Certified Anti-Money Laundering Specialists

  • Exam Number/Code : CAMS
  • Exam Name : Certified Anti-Money Laundering Specialists
  • Questions and Answers : 213 Q&As
  • Update Time: 2019-01-10
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NEW QUESTION: 1
Which of the following factor does NOT have any impact on an organization's internal control needs?
A. Management Philosophy
B. Size of the Company
C. Type of Industry
D. Employee Morale
Answer: D

NEW QUESTION: 2
Your organization has been awarded a new contract based on which you are allowed to sell:
* Items not tracked in inventory
* Inventory items
* Services
Which contract structure would fulfill your requirement of item sales? (Choose the best answer.)
A. Create two contract lines with a line type each of "free-form, project-based buy agreement" and "bundle sell, project-based".
B. Create two contract lines with a line type each of "product, project-based, sell agreement, standalone" and "sell intent, item, project-based".
C. Create two contract lines with a line type each of "sell intent, item, project-based' and "subscription, project-based, sell".
D. Create two contract lines with a line type each of "sell intent, free-form, project-based" and "sell intent, item, project-based".
Answer: D

NEW QUESTION: 3
What 802.11 network configuration would result in multiple stations broadcasting Beacon frames with the same BSSID but with different source addresses?
A. A single AP supports multiple BSSs with different SSIDs
B. An SCA network is in use.
C. Multiple Aps have been loaded with the same configuration from an image file.
D. An IBSS is used instead of a BSS.
Answer: D

NEW QUESTION: 4
The stated purposes of Standard IV (B) (8), Disclosure of Referral Fees, are to:
I. Help the customer or client evaluate the full cost of the services.
II. Help the customer or client evaluate any possible partiality.
III. Help the customer or client evaluate potential conflicts of interest as a result of the participation of immediate family in transactions.
A. I and III only.
B. I and II only.
C. II only.
D. II and III only.
E. I only.
F. I, II and III.
G. III only.
Answer: B
Explanation:
Explanation/Reference:
Explanation:
This question relates to Standard IV (B.8), Disclosure of Referral Fees. Statements I & II give the two primary reasons listed in the Standards of Practice Handbook for disclosing referral fees to clients. The purpose given in Statement III is not a primary consideration.