ACAMS
CAMS · Question #154
A money remittance business will most likely attract money launderers because it: 1. deals primarily in cash transactions. 2. engages in international transactions. 3. conducts transactions for walk-i
Sign in or unlock CAMS to reveal the answer and full explanation for question #154. The question stem and answer options stay visible for context.
Risks and Methods of Money Laundering and Terrorist Financing
Question
A money remittance business will most likely attract money launderers because it: 1. deals primarily in cash transactions. 2. engages in international transactions. 3. conducts transactions for walk-in customers. 4. does not have to comply with transaction reporting.
Options
- A1, 2, and 3 only
- B1, 2, and 4 only
- C1, 3, and 4 only
- D2, 3, and 4 only
Unlock CAMS to see the answer
You've previewed enough free CAMS questions. Unlock CAMS for full answers, explanations, the timed quiz mode, progress tracking, and the master PDF. Question stem and options stay visible so you can still see what's on the exam.
Topics
#money remittance#cash transactions#money service businesses#ML vulnerability