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CAMS · Question #361

CAMS Question #361: Real Exam Question with Answer & Explanation

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Question

Which scenario should be escalated as potentially suspicious activity?

Options

  • AA retail chain deposits cash into several operating accounts and consolidates the funds into one
  • BA domestic business account receives a wire transfer from an international business with no
  • CA convenience store makes daily deposits or withdrawals primarily in cash.
  • DA corporate account deposits large checks and wire transfers on a frequent basis from existing

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