1 | Page
AML EXAM2026 LATEST
QUESTIONS WITH 100%
VERIFIED SOLUTIONS.
In the first stage of money laundering what is the goal?
a. distance yourself from the money
b. get the money into the financial system
c. make it appear that the money is legitimate
d. purchase high-end goods - answer -b
What is the process in the second stage of money laundering?
a. sending money between accounts so the audit trail is obscured
b. bribing bank officials to take the money
c. investing the money into legitimate business operations
d. depositing the money into a bank account - answer -a
What are the three things that might be done during the course of
laundering money?
, 2 | Page
a. depositing money into a bank account
b. underpaying taxes
c. buying high-end goods
d. sending money abroad - answer -a,c,d
What is the ultimate purpose of money laundering?
a. to make it appear that the funds are legitimate
b. to invest money in your business
c. to invest in high-end luxury goods
d. to buy more drugs - answer -a
Why is a payable through account vulnerable to money
laundering?
a. it can be very difficult to conduct due diligence on the foreign
institution customers who are ultimately using these accounts
b. these are concentration accounts located in a domestic branch
of a foreign bank
c. these are nested correspondent accounts at a foreign shell
bank with customers with whom the domestic bank did not
exercise due diligence
AML EXAM2026 LATEST
QUESTIONS WITH 100%
VERIFIED SOLUTIONS.
In the first stage of money laundering what is the goal?
a. distance yourself from the money
b. get the money into the financial system
c. make it appear that the money is legitimate
d. purchase high-end goods - answer -b
What is the process in the second stage of money laundering?
a. sending money between accounts so the audit trail is obscured
b. bribing bank officials to take the money
c. investing the money into legitimate business operations
d. depositing the money into a bank account - answer -a
What are the three things that might be done during the course of
laundering money?
, 2 | Page
a. depositing money into a bank account
b. underpaying taxes
c. buying high-end goods
d. sending money abroad - answer -a,c,d
What is the ultimate purpose of money laundering?
a. to make it appear that the funds are legitimate
b. to invest money in your business
c. to invest in high-end luxury goods
d. to buy more drugs - answer -a
Why is a payable through account vulnerable to money
laundering?
a. it can be very difficult to conduct due diligence on the foreign
institution customers who are ultimately using these accounts
b. these are concentration accounts located in a domestic branch
of a foreign bank
c. these are nested correspondent accounts at a foreign shell
bank with customers with whom the domestic bank did not
exercise due diligence
