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American Bankers Association Exam CRCM Topic 8 Question 84 Discussion

Actual exam question for American Bankers Association's CRCM exam
Question #: 84
Topic #: 8
[All CRCM Questions]

Which of the following should be done during research and interpreting regulations Compliance professionals in mitigating compliance risk?

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Suggested Answer: B

by Shonda at Apr 10, 2024, 08:45 PM

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Quentin
1 months ago
Honestly, I'd just flip a coin and hope for the best. Compliance is like a game of Twister - you never know which way you're gonna stretch next!
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Ria
1 months ago
Ranking solutions as high, moderate, and low risk? Sounds like a job for a professional risk assessor... or a fortune teller. I'll take my chances with the latter.
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Yvonne
1 months ago
Understanding the business units' operating environment and risk tolerance - now that's where the real magic happens. Gotta know your players, people!
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Lawrence
14 days ago
A) Track regulatory proposals
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Murray
2 months ago
Implementing final regulatory rules? Pfft, that's like trying to herd cats. Good luck with that one!
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Lashandra
1 days ago
Yeah, implementing final regulatory rules can be a challenge, but it's important to track regulatory proposals and understand the business environment.
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Janine
2 days ago
D) Ranking solutions as high, moderate and low risk
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Ashlee
9 days ago
C) Understanding the business units' operating environment and risk tolerance
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Gwenn
1 months ago
A) Track regulatory proposals
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Jody
2 months ago
Tracking regulatory proposals is definitely a must! Gotta keep one step ahead of the game, you know?
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Simona
1 months ago
C) Understanding the business units' operating environment and risk tolerance
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Lashaunda
1 months ago
A) Track regulatory proposals
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Andree
2 months ago
Ranking solutions by risk level can help prioritize actions effectively.
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Miss
2 months ago
I agree with Rosalia, but understanding the business units' operating environment is also crucial.
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Rosalia
3 months ago
I think tracking regulatory proposals is important.
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