ACAMS
CAMS · Question #457
CAMS Question #457: Real Exam Question with Answer & Explanation
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Question
A prospective client walks into an accounting firm wanting to incorporate a company. The accountant feels uncomfortable after the meeting. Which two of the accountant's observations warrant escalation to the compliance officer? (Select Two.)
Options
- AThe prospective client is unable to provide information about the beneficial owners.
- BThe prospective client is able to provide source of funds and source of wealth documents.
- CThe prospective client presents confusing details about the proposed business and has very little
- DThe principal activities of the proposed company are importing and exporting new furniture.
- EThe prospective client exhibits confidence when speaking to the accountant when providing
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