Acams Exam CAMS-FCI Topic 3 Question 13 Discussion

Actual exam question for Acams's CAMS-FCI exam

Question #: 13
Topic #: 3

[All CAMS-FCI Questions]

In a SAR/STR narrative concerning Individual

Awhich statement indicates a product of analysis rather than a fact or judgement?

AIndividual A was the originator of nine wires totaling 225.000 USD between January and March 2020.

BIndividual A made structured cash deposits possibly to circumvent regulatory reporting requirements

CIndividual A made structured cash deposits on almost consecutive days.

DIndividual A is a college student and employed part-time at a car wash.

Show Suggested Answer

Suggested Answer: B

According to the Financial Action Task Force (FATF), the use of large amounts of cash is a common method for money launderers to move illicit funds [1]. Purchasing luxury items with cash can indicate an attempt to convert illegal funds into tangible assets that can be easily resold or moved across borders. As a result, businesses that deal with luxury items are required to implement enhanced due diligence measures, including monitoring transactions involving large amounts of cash [1].

by Clay at Mar 19, 2025, 08:54 AM

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King

2 months ago

Option A all the way! Stating the specific details about the wires and the amount is definitely a product of analysis rather than a judgment or fact. The other options are just too vague.

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Belen

18 days ago

User 2: I agree, it provides concrete information that can be analyzed further.

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Lenna

18 days ago

User 3: Yeah, the other options seem more like assumptions rather than actual findings.

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Galen

19 days ago

User 2: I agree, it provides concrete information rather than speculation.

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Vivienne

20 days ago

User 1: Option A all the way! Stating the specific details about the wires and the amount is definitely a product of analysis rather than a judgment or fact.

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Arlie

30 days ago

User 1: Option A all the way! Stating the specific details about the wires and the amount is definitely a product of analysis rather than a judgment or fact.

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Kerry

2 months ago

I'm torn between B and C. They both seem to be indicating structured cash deposits, which could be a sign of potential money laundering. But I guess option A is the one that's more clearly a product of analysis.

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Jenise

30 days ago

B) Individual A made structured cash deposits possibly to circumvent regulatory reporting requirements

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Timothy

1 months ago

A) Individual A was the originator of nine wires totaling 225.000 USD between January and March 2020.

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Jerlene

2 months ago

But A seems like a fact, not a product of analysis.

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Twanna

2 months ago

Option D is quite humorous. A college student working part-time at a car wash making structured cash deposits? That's a pretty specific and unlikely scenario.

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Rebecka

1 months ago

A) Individual A was the originator of nine wires totaling 225.000 USD between January and March 2020.

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Davida

1 months ago

C) Individual A made structured cash deposits on almost consecutive days.

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Lauran

2 months ago

B) Individual A made structured cash deposits possibly to circumvent regulatory reporting requirements

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Jenise

2 months ago

A) Individual A was the originator of nine wires totaling 225.000 USD between January and March 2020.

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Keneth

2 months ago

I think option A is the correct answer as it presents a product of analysis rather than a fact or judgment. The other options seem to be more focused on making judgments or stating facts.

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Aleta

2 months ago

I disagree, I believe the answer is B.

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Jerlene

2 months ago

I think the answer is A.

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