Ray Young Ray Young's Profile Page

Ray Young Ray Young

0 Kursa Kayıt Olundu • 0 Kurs Tamamlandı

Biyografi

ACAMS인증Advanced-CAMS-Audit덤프

ACAMS인증 Advanced-CAMS-Audit시험을 패스하여 자격증을 취득하는게 꿈이라구요? KoreaDumps에서 고객님의ACAMS인증 Advanced-CAMS-Audit시험패스꿈을 이루어지게 지켜드립니다. KoreaDumps의 ACAMS인증 Advanced-CAMS-Audit덤프는 가장 최신시험에 대비하여 만들어진 공부자료로서 시험패스는 한방에 끝내줍니다.

ACAMS Advanced-CAMS-Audit 시험요강:

주제
소개

주제 1

Reporting, Recommendations, and Follow-Up: This section of the exam measures the skills of audit managers and covers the communication of audit findings to stakeholders. It includes developing clear recommendations for improvement based on evaluation results and ensuring follow-up on those recommendations.

주제 2

Corporate Governance and the Audit Function: This section of the exam measures the skills of auditing professionals and covers the principles and frameworks that guide effective governance in organizations. It emphasizes understanding the roles and responsibilities of the board of directors, management, and auditors. A key skill assessed is the ability to evaluate governance structures and their impact on organizational performance.

주제 3

Planning and Scoping: This section of the exam measures the skills of audit managers and covers the processes involved in planning an audit engagement. It includes defining the scope, objectives, and resources required for an effective audit. A critical skill evaluated here is the ability to identify risks and develop a comprehensive audit plan that addresses those risks while ensuring compliance with relevant standards.

주제 4

Fieldwork and Evaluation: This section of the exam measures the skills of target professionals to demonstrate audit procedures during fieldwork. It involves collecting evidence, testing controls, and evaluating findings to ensure accuracy and reliability.

>> Advanced-CAMS-Audit최신 업데이트 공부자료 <<

ACAMS Advanced-CAMS-Audit최신 덤프데모, Advanced-CAMS-Audit시험준비자료

ACAMS Advanced-CAMS-Audit인증은 아주 중요한 인증시험중의 하나입니다. KoreaDumps의 베터랑의 전문가들이 오랜 풍부한 경험과 IT지식으로 만들어낸 IT관연인증시험 자격증자료들입니다. 이런 자료들은 여러분이ACAMS인증시험중의Advanced-CAMS-Audit시험을 안전하게 패스하도록 도와줍니다. KoreaDumps에서 제공하는 덤프들은 모두 100%통과 율을 보장하며 그리고 일년무료 업뎃을 제공합니다

최신 AML Certifications Advanced-CAMS-Audit 무료샘플문제 (Q80-Q85):

질문 # 80
An audit determines that an important control is not being performed. The operational manager responds to the audit comment stating that they do not have adequate resources in the department to accomplish this task.
The audit item discussion between the auditor and the operational manager is a(n):

A. internal control test.
B. sustainability assessment.
C. general license authorizing a transaction for an entity, and a specific license authorizing a transaction for an individual.
D. root cause analysis

정답：D

설명：
Nature of Discussion:
* Root cause analysis is required to identify underlying reasons for the failure to perform the control, particularly resource constraints.
Key Compliance Justification:
* Addressing the root cause aligns with Basel Committee guidelines on improving control environments and addressing systemic issues in AML compliance.

질문 # 81
Which conclusion should the auditor make regarding the staff attendance of the periodic AML training program organized by the bank?

A. Staff attendance is incomplete because the compliance officer or the delegates are not part of the staff facilitating the 3-hour periodic AML training.
B. Staff attendance is complete because all staff in the institution are required to attend the AML training as part of the staff onboarding process.
C. Staff attendance is incomplete because the board of directors is not part of the staff required to attend the periodic trainings, and there is no other specially designed AML training for the board.
D. Staff attendance is complete because the training is mandatory for staff in the business, operations compliance and senior management whose duties involve knowledge of AML controls and processes.

정답：C

설명：
Importance of AML Training for All Levels of an Institution:
* Advanced CAMS-Audit and FATF emphasize that AML training programs should be inclusive of all stakeholders, including senior management and board members, as they are integral to establishing an effective AML/CFT compliance culture.
Board-Level Training Specifics:
* Directors require tailored AML training to address strategic oversight responsibilities rather than operational controls. Periodic training is mandatory to keep the board updated on regulatory changes and institutional risk profile adjustments.
Audit Observation:
* Exclusion of the board from AML training reflects a gap in the institution's AML framework, potentially exposing it to regulatory scrutiny.
Reference to AML/CFT Standards:
* FATF Recommendations mandate training for all levels of an institution, explicitly highlighting senior management and governance roles in compliance efforts.

질문 # 82
Which key risk indicator should the internal auditor consider when reviewing correspondent banking activities?

A. Number of respondent banks located in higher risk jurisdictions.
B. Volume of transaction activity referred by the respondent bank.
C. Number of correspondent banking relations terminated.
D. Size and stature of a respondent bank's operations in its home country.

정답：A

설명：
Correspondent banking relationships with banks in high-risk jurisdictions are a key risk indicator, as these relationships often pose greater AML/CFT risks due to regulatory or operational deficiencies in those jurisdictions.

질문 # 83
Which KYC-related finding poses the most risk to the organization?

A. KYC requirements being considered a low priority not designed into business processes and implemented after product launch
B. Sanctions fists that are updated on a periodic basis following an annual risk assessment
C. Backlogs and delays in maintaining client files in accordance with the organization's policy
D. KYC processes not being integrated into the business and associated application systems

정답：A

설명：
KYC integration is fundamental to ensuring that anti-money laundering controls are effective from the outset of client onboarding. Delayed implementation of KYC increases the risk of onboarding high-risk customers without adequate due diligence.
Advanced CAMS-Audit documentation stresses the importance of embedding KYC into business processes during product design and rollout phases to mitigate risks.
Neglecting this requirement can expose the organization to severe regulatory penalties and reputational damage.

질문 # 84
What model test verifies that alerts indicative of potentially suspicious activity are not missed due to threshold settings?

A. Black-box configuration
B. Gap analysis
C. Above-the-line
D. Below-the-line

정답：D

설명：
Understanding Below-the-Line Testing:
* Below-the-line testing evaluates scenarios where alerts were not generated but could have been if the thresholds were set differently.
* This testing method focuses on identifying potential gaps in the detection model that might lead to missed alerts for suspicious activities.
Significance in AML/CFT Compliance:
* This type of test ensures the system's thresholds are not too restrictive, which could result in legitimate suspicious activities being overlooked.
* It provides insight into whether the system needs re-calibration to balance false positives and missed detections.
Process of Below-the-Line Testing:
* Data Sampling: Analyze transactions that fall just below the alert generation threshold.
* Scenario Analysis: Identify whether these transactions exhibit patterns consistent with suspicious activities.
* Model Adjustment: Adjust thresholds to optimize the trade-off between sensitivity and specificity.
Advanced CAMS-Audit Reference:
* CAMS-Audit guidelines detail below-the-line testing as an integral part of tuning and validating monitoring models. It ensures that monitoring systems align with risk appetite and operational realities.
* FATF guidance on dynamic model validation highlights the importance of continuous review and adaptation of thresholds to evolving typologies and risks.
Case Example and Regulatory Perspective:
* Advanced CAMS-Audit recommends below-the-line tests especially in high-risk sectors, ensuring robust detection mechanisms.
* Regulatory expectations, as per FATF and Basel guidelines, require proactive measures to address model gaps that below-the-line testing can identify.

질문 # 85
......

KoreaDumps에는 IT인증시험의 최신ACAMS Advanced-CAMS-Audit학습가이드가 있습니다. KoreaDumps 는 여러분들이ACAMS Advanced-CAMS-Audit시험에서 패스하도록 도와드립니다. ACAMS Advanced-CAMS-Audit시험준비시간이 충분하지 않은 분은 덤프로 철저한 시험대비해보세요. 문제도 많지 않고 깔끔하게 문제와 답만으로 되어있어 가장 빠른 시간내에ACAMS Advanced-CAMS-Audit시험합격할수 있습니다.

Advanced-CAMS-Audit최신 덤프데모: https://www.koreadumps.com/Advanced-CAMS-Audit_exam-braindumps.html

Ray Young Ray Young

Biyografi

Bize Ulaşın

Bize Ulaşın