ACAMS Practice EXAM PREP
ACAMS PRACTICE EXAM PREP LATEST 2025/2026 ACTUAL
EXAM COMPLETE 200 QUESTIONS AND CORRECT ANSWERS
GRADED A+ GUARANTEED PASS- ACE YOUR EXAM
A compliance of cer is looking to improve a compliance program for a nancial
institution that operates in several countries. The institution has developed a
consistent customer due diligence (CDD) requirement for all customers of the
institution that exceed each of the individual countries' requirements. When
looking to provide management reporting on the CDD compliance efforts of the
institution, which of the following would make most sense?
A. Report by each country's compliance with the legal requirements within their
country.
B. Report on compliance with the company's stated requirements.
C. Report on compliance with each country's requirements only for those
customers that are serviced by branches in multiple countries; all others should be
reported on the company's stated requirements.
D. Report on the level of monitoring performed on the activity in the accounts. -
Correct Answer-B
Establishing compliance as a key responsibility for every employee of a nancial
institution is best performed how?
A. By having senior management require compliance as a condition of
employment.
B. By having auditors conduct testing on employee compliance.
C. By pointing out the regulatory consequences of non- compliance in training.
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, ACAMS Practice EXAM PREP
D. By having the AML of cer personally tell associates of their responsibilities. -
Correct Answer-A
An institution that offers mortgages notices the national nancial intelligence unit
has issued several advisories about reporting mortgage fraud. A compliance of cer
has noticed that the level of mortgage fraud reporting has increased as a result of
conducting post-account opening source of funds veri cation. The FIU has noted
that loans with unveri ed income have been noted as a signi cant concern. What
should the AML compliance of cer do?
A. Pass along the FIU advisories to the mortgage unit and let them address the
issue as they see t.
B. Refer the increased reporting of unusual activity to the regulators for them to
address.
C. Speak to the mortgage unit about revising the income veri cation process to do
this earlier in the process, as suggested by the FIU.
D. Refer the matter promptly to the board of directors to let them address the
issue promptly. - Correct Answer-C
Robert is a compliance of cer for a nancial institution. Robert is looking to assess
the effectiveness of the current AML program. Which of the following should
Robert consider in his assessment of the program's effectiveness?
A. Sales staff surveys on AML efforts, customer due diligence error rates, quality
assurance testing on STR lings.
B. Customer due diligence error rates, sales staff surveys on AML efforts, percent
of products and services monitored for suspicious activity.
C. Quality assurance testing on STR lings, sales staff surveys on AML efforts,
percentage of products and services monitored for suspicious activity.
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D. Customer due diligence error rates, quality assurance testing on STR lings,
percentage of products and services monitored for suspicious activity. - Correct
Answer-D
Joe, the compliance of cer for a small bank, has noticed that new regulations now
require reporting on cross- border transactions that exceed a certain threshold.
What is appropriate set of next steps for Joe to take to prepare his bank for the
new requirements?
A. Consult with the regulators, provide training to impacted associates and work
with the technology partners to capture all cross-border transactions for
reporting.
B. Provide training to impacted associates, work with technology partners to
capture all cross-borders transaction for reporting and implement a testing plan to
be sure appropriate transactions are captured and reported.
C. Work with technology partners to capture all cross- border transactions for
reporting, implement a testing plan to be sure appropriate transactions are
captured and consult with the regulators.
D. Implement a testing plan to be sure appropriate transactions are captured and
re - Correct Answer-B
When documenting ongoing training efforts, which of the following should be
documented to demonstrate the distribution of the training to appropriate
employees?
A. Whether the training was provided to the board of directors.
B. The topics the training addressed.
C. The names and areas of the employees who took the training.
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D. Whether the employees who took the training passed the post-training
assessment. - Correct Answer-C
When assessing a new product, which of the following should be considered as
part of the assessment from an AML perspective?
A. The inherent risk of the product, the control environment to mitigate the risks
presented by the product, the residual risk of the product in light of the controls.
B. The control environment to mitigate the risks presented by the product, the
residual risk of the product in light of the controls and the projected pro tability of
the product.
C. The projected pro tability of the product, the control environment to mitigate
the risks presented by the product and the Inherent risk of the product.
D. The residual risk of the product in light of the controls, the inherent risk of the
product and the projected pro tability of the product. - Correct Answer-A
Marie, a compliance of cer at a nancial institution, attends an annual AML-
industry conference and learns of a new regulation that will impact her current
AML processes. The regulatory environment has been relatively stable within the
industry for several years, but Marie is glad she attended this conference to get
news of the new requirements. What should Marie do to stay abreast of future
changes in requirements?
A. Request permission to attend future annual AML- industry conferences.
B. Ask internal auditors to provide her with notice of changes needed to the
program.
C. Implement a process to determine when new regulations are published and
assess them for impacts to the AML program.
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ACAMS PRACTICE EXAM PREP LATEST 2025/2026 ACTUAL
EXAM COMPLETE 200 QUESTIONS AND CORRECT ANSWERS
GRADED A+ GUARANTEED PASS- ACE YOUR EXAM
A compliance of cer is looking to improve a compliance program for a nancial
institution that operates in several countries. The institution has developed a
consistent customer due diligence (CDD) requirement for all customers of the
institution that exceed each of the individual countries' requirements. When
looking to provide management reporting on the CDD compliance efforts of the
institution, which of the following would make most sense?
A. Report by each country's compliance with the legal requirements within their
country.
B. Report on compliance with the company's stated requirements.
C. Report on compliance with each country's requirements only for those
customers that are serviced by branches in multiple countries; all others should be
reported on the company's stated requirements.
D. Report on the level of monitoring performed on the activity in the accounts. -
Correct Answer-B
Establishing compliance as a key responsibility for every employee of a nancial
institution is best performed how?
A. By having senior management require compliance as a condition of
employment.
B. By having auditors conduct testing on employee compliance.
C. By pointing out the regulatory consequences of non- compliance in training.
1|Page
, ACAMS Practice EXAM PREP
D. By having the AML of cer personally tell associates of their responsibilities. -
Correct Answer-A
An institution that offers mortgages notices the national nancial intelligence unit
has issued several advisories about reporting mortgage fraud. A compliance of cer
has noticed that the level of mortgage fraud reporting has increased as a result of
conducting post-account opening source of funds veri cation. The FIU has noted
that loans with unveri ed income have been noted as a signi cant concern. What
should the AML compliance of cer do?
A. Pass along the FIU advisories to the mortgage unit and let them address the
issue as they see t.
B. Refer the increased reporting of unusual activity to the regulators for them to
address.
C. Speak to the mortgage unit about revising the income veri cation process to do
this earlier in the process, as suggested by the FIU.
D. Refer the matter promptly to the board of directors to let them address the
issue promptly. - Correct Answer-C
Robert is a compliance of cer for a nancial institution. Robert is looking to assess
the effectiveness of the current AML program. Which of the following should
Robert consider in his assessment of the program's effectiveness?
A. Sales staff surveys on AML efforts, customer due diligence error rates, quality
assurance testing on STR lings.
B. Customer due diligence error rates, sales staff surveys on AML efforts, percent
of products and services monitored for suspicious activity.
C. Quality assurance testing on STR lings, sales staff surveys on AML efforts,
percentage of products and services monitored for suspicious activity.
2|Page
, ACAMS Practice EXAM PREP
D. Customer due diligence error rates, quality assurance testing on STR lings,
percentage of products and services monitored for suspicious activity. - Correct
Answer-D
Joe, the compliance of cer for a small bank, has noticed that new regulations now
require reporting on cross- border transactions that exceed a certain threshold.
What is appropriate set of next steps for Joe to take to prepare his bank for the
new requirements?
A. Consult with the regulators, provide training to impacted associates and work
with the technology partners to capture all cross-border transactions for
reporting.
B. Provide training to impacted associates, work with technology partners to
capture all cross-borders transaction for reporting and implement a testing plan to
be sure appropriate transactions are captured and reported.
C. Work with technology partners to capture all cross- border transactions for
reporting, implement a testing plan to be sure appropriate transactions are
captured and consult with the regulators.
D. Implement a testing plan to be sure appropriate transactions are captured and
re - Correct Answer-B
When documenting ongoing training efforts, which of the following should be
documented to demonstrate the distribution of the training to appropriate
employees?
A. Whether the training was provided to the board of directors.
B. The topics the training addressed.
C. The names and areas of the employees who took the training.
3|Page
, ACAMS Practice EXAM PREP
D. Whether the employees who took the training passed the post-training
assessment. - Correct Answer-C
When assessing a new product, which of the following should be considered as
part of the assessment from an AML perspective?
A. The inherent risk of the product, the control environment to mitigate the risks
presented by the product, the residual risk of the product in light of the controls.
B. The control environment to mitigate the risks presented by the product, the
residual risk of the product in light of the controls and the projected pro tability of
the product.
C. The projected pro tability of the product, the control environment to mitigate
the risks presented by the product and the Inherent risk of the product.
D. The residual risk of the product in light of the controls, the inherent risk of the
product and the projected pro tability of the product. - Correct Answer-A
Marie, a compliance of cer at a nancial institution, attends an annual AML-
industry conference and learns of a new regulation that will impact her current
AML processes. The regulatory environment has been relatively stable within the
industry for several years, but Marie is glad she attended this conference to get
news of the new requirements. What should Marie do to stay abreast of future
changes in requirements?
A. Request permission to attend future annual AML- industry conferences.
B. Ask internal auditors to provide her with notice of changes needed to the
program.
C. Implement a process to determine when new regulations are published and
assess them for impacts to the AML program.
4|Page
