ACAMS Advanced-CAMS-Audit Q&A - in .pdf

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  • Exam Code: Advanced-CAMS-Audit
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NEW QUESTION: 1
Which of the following should the Customer expect from the CEE (Customer Engagement Executive)?
Please choose the correct answer.
Response:
A. All of the above
B. Advocate
C. Only b and c
D. Strategist
E. Advisor
Answer: A

NEW QUESTION: 2
대부분의 국가 증권법의 기본 목적은 다음과 같은 방법으로 투자 증권 발행을 규제하는 것입니다.
A. 자체 증권법이 없는 I'-co1 정부를위한 규제 체제를 제공합니다.
B. 투자 자금을 경제적으로 가장 중요한 용도로 사용합니다.
C. 투자자가 정보에 입각 한 결정을 내릴 수 있도록 모든 관련 사실을 공개해야 합니다.
D. 정부가 결정한 유가 증권의 발행 금지는 투자 등급이 아니다.
Answer: C
Explanation:
The basic purpose of the securities laws is to provide disclosure of adequate information so that investors can evaluate investments. This is accomplished through reporting requirements concerning the issuance and subsequent trading of securities. However, the government does not assess the merits of these securities.

NEW QUESTION: 3
True or False: You can change all delivered special G/L indicators and assign your own to business processes.
A. True
B. False
Answer: B
Explanation:
This wasn't discussed specifically in the chapter, but it's good to know. There are certain processes that are tied to the specific special G/L accounts being configured in a specific way. For example, the down payment integration scenario uses F for down payment requests and A for down payments. These shouldn't be changed.

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