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CAMS · Question #960

CAMS Question #960: Real Exam Question with Answer & Explanation

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Question

What is the primary advantage of using a risk-based approach in allocating compliance resources?

Options

  • AIt reduces the overall cost of compliance programs.
  • BIt eliminates the need for periodic audits of low-risk customers.
  • CIt ensures focus on high-risk areas while maintaining operational efficiency.
  • DIt standardizes compliance processes across all regions.

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What is the primary advantage of using a risk-based approach in... | CAMS Q#960 Answer | NerdExam