Page 1 of 36
ACAMS PRACTICE TEST (BOOK) 2026
COMPLETE CURRENT TESTING (100)
QUESTIONS AND DETAILED CORRECT
ANSWERS|GUARANTEED PASS.
ACAMS
Prepare for the ACAMS Practice Test (Book) with this concise
study resource covering anti-money laundering principles,
financial crime prevention, and regulatory compliance. It
reinforces key concepts aligned with certification standards
from the Association of Certified Anti-Money Laundering
Specialists. Suitable for professionals preparing for AML and
financial compliance certification exams.
What are 3 factors a prosecutor should take into
consideration in deciding whether to bring criminal charges
against a financial institution? ✓ ✓ ...... ANSWER ....... -
Whether the institution has a criminal history
- Whether the institution cooperated with the law
enforcement investigation
- Whether the institution discovered and self-reported the
potential criminal violation
, Page 2 of 36
The compliance officer is trying to put together a set of
procedures for handling the documentation that supports
the filing of an STR. What should the compliance officer
recommend to be part of these procedures? ✓ ✓ ......
ANSWER ....... Segregate the documents that support
each STR and ensure that they are available for inspection at
the request of law enforcement
The compliance officer is trying to put together a set of
procedures for handling the review of potentially suspicious
transactions. What should the compliance officer
recommend be part of these procedures? ✓ ✓ ......
ANSWER ....... That the institution make it the
responsibility of all employees to identify suspicious activity
The compliance officer is trying to put together a set of
procedures for handling the decision of whether or not to file
an STR. What should the compliance officer recommend to
be part of these procedures? ✓ ✓ ...... ANSWER .......
The officer should recommend that the decision as to
whether or not to file an STR be centralized to ensure
uniformity
, Page 3 of 36
Of the following scenarios, which 2 are potential red flags
indicating possible suspicious activity that should be
investigated further? ✓ ✓ ...... ANSWER ....... -Accounts
held for a business in a branch that is located on the other
side of town from where the business is located
-An individual who holds multiple accounts under the same
name
In conducting a criminal investigation, what are 3 things that
the law enforcement investigator should do? ✓ ✓ ......
ANSWER ....... -The criminal investigator should make
every effort to "follow the money" in the transaction to
determine where it came from and where it went
-The criminal investigator should identify the potential
unlawful activity involved, referred in some countries as the
"specified unlawful activity".
-The criminal investigator should document the underlying
activity and transaction
Typically, when should a financial institution file an STR? ✓
✓ ...... ANSWER ....... Whenever they detect unusual or
suspicious transaction
, Page 4 of 36
When a bank receives a subpoena for information about a
specific account, what 2 steps should the compliance
officer take? ✓ ✓ ...... ANSWER ....... -The compliance
officer should ensure that the staff research and collect all
documents responsive to the subpoena
- The compliance officer should ensure that an independent
review is conducted of the account and the transactions in
the account.
A law enforcement representative calls up the compliance
officer and urgently requests information pertaining to a
particular account in connection with an on-going terrorist
financing investigation. What should the compliance officer
do? ✓ ✓ ...... ANSWER ....... Request the law
enforcement representative provide a court order or grand
jury subpoena unless the bank has already filed an STR on
the matter
In conducting a criminal investigation, what are 3 things that
the law enforcement investigators should do? ✓ ✓ ......
ANSWER ....... -Conduct computer-based searches on
the individuals and entities involved
ACAMS PRACTICE TEST (BOOK) 2026
COMPLETE CURRENT TESTING (100)
QUESTIONS AND DETAILED CORRECT
ANSWERS|GUARANTEED PASS.
ACAMS
Prepare for the ACAMS Practice Test (Book) with this concise
study resource covering anti-money laundering principles,
financial crime prevention, and regulatory compliance. It
reinforces key concepts aligned with certification standards
from the Association of Certified Anti-Money Laundering
Specialists. Suitable for professionals preparing for AML and
financial compliance certification exams.
What are 3 factors a prosecutor should take into
consideration in deciding whether to bring criminal charges
against a financial institution? ✓ ✓ ...... ANSWER ....... -
Whether the institution has a criminal history
- Whether the institution cooperated with the law
enforcement investigation
- Whether the institution discovered and self-reported the
potential criminal violation
, Page 2 of 36
The compliance officer is trying to put together a set of
procedures for handling the documentation that supports
the filing of an STR. What should the compliance officer
recommend to be part of these procedures? ✓ ✓ ......
ANSWER ....... Segregate the documents that support
each STR and ensure that they are available for inspection at
the request of law enforcement
The compliance officer is trying to put together a set of
procedures for handling the review of potentially suspicious
transactions. What should the compliance officer
recommend be part of these procedures? ✓ ✓ ......
ANSWER ....... That the institution make it the
responsibility of all employees to identify suspicious activity
The compliance officer is trying to put together a set of
procedures for handling the decision of whether or not to file
an STR. What should the compliance officer recommend to
be part of these procedures? ✓ ✓ ...... ANSWER .......
The officer should recommend that the decision as to
whether or not to file an STR be centralized to ensure
uniformity
, Page 3 of 36
Of the following scenarios, which 2 are potential red flags
indicating possible suspicious activity that should be
investigated further? ✓ ✓ ...... ANSWER ....... -Accounts
held for a business in a branch that is located on the other
side of town from where the business is located
-An individual who holds multiple accounts under the same
name
In conducting a criminal investigation, what are 3 things that
the law enforcement investigator should do? ✓ ✓ ......
ANSWER ....... -The criminal investigator should make
every effort to "follow the money" in the transaction to
determine where it came from and where it went
-The criminal investigator should identify the potential
unlawful activity involved, referred in some countries as the
"specified unlawful activity".
-The criminal investigator should document the underlying
activity and transaction
Typically, when should a financial institution file an STR? ✓
✓ ...... ANSWER ....... Whenever they detect unusual or
suspicious transaction
, Page 4 of 36
When a bank receives a subpoena for information about a
specific account, what 2 steps should the compliance
officer take? ✓ ✓ ...... ANSWER ....... -The compliance
officer should ensure that the staff research and collect all
documents responsive to the subpoena
- The compliance officer should ensure that an independent
review is conducted of the account and the transactions in
the account.
A law enforcement representative calls up the compliance
officer and urgently requests information pertaining to a
particular account in connection with an on-going terrorist
financing investigation. What should the compliance officer
do? ✓ ✓ ...... ANSWER ....... Request the law
enforcement representative provide a court order or grand
jury subpoena unless the bank has already filed an STR on
the matter
In conducting a criminal investigation, what are 3 things that
the law enforcement investigators should do? ✓ ✓ ......
ANSWER ....... -Conduct computer-based searches on
the individuals and entities involved
