ACAMS CCAS EXAM WITH ALL CORRECT & 100%
VERIFIED ANSWERS||LATEST VERSION||ALREADY
GEADED A+
Examples of financial crime ✔Correct Answer-Money laundering, terrorist financing, sanctions,
fraud, bribery, tax evasion, etc.
Three stages of money laundering ✔Correct Answer-Placement, layering, integration
What is structuring? ✔Correct Answer-A money laundering technique to evade triggering a
reporting or recordkeeping requirement
What is terrorist financing? ✔Correct Answer-The use of funds for an illegal political purpose to
support terrorist activities
Sanctions definition ✔Correct Answer-Penalties imposed by one entity on another to provoke a
change in behavior or policy
Methods of sanctions evasion ✔Correct Answer-Payment-related, trade-related, ownership-
related
Correspondent banking risk for sanctions ✔Correct Answer-Payments are often processed through
third-party banks that do not know beneficiaries' identities.
Fraud definition ✔Correct Answer-An intentional act of criminal deception to obtain an unjust or
illegal advantage
Indicators of smart contract exploitation ✔Correct Answer-Unrealistic claims for returns;
companies not registered with a regulator
Bribery definition ✔Correct Answer-Giving or receiving an advantage connected to improper
performance of a position of trust
What is tax avoidance? ✔Correct Answer-Legitimately reducing the amount of tax owed to a
government by legal or natural persons
What is tax evasion? ✔Correct Answer-The use of illegal practices to avoid paying a tax liability
How might criminals evade taxes on cryptoassets? ✔Correct Answer-By keeping their cryptoassets
in a third-party account and failing to report
What is cybercrime? ✔Correct Answer-Criminal activity committed using a computer or the
internet, often to access data
What is ransomware? ✔Correct Answer-A form of malware that encrypts the users' files and data
and the victim must pay a ransom
VERIFIED ANSWERS||LATEST VERSION||ALREADY
GEADED A+
Examples of financial crime ✔Correct Answer-Money laundering, terrorist financing, sanctions,
fraud, bribery, tax evasion, etc.
Three stages of money laundering ✔Correct Answer-Placement, layering, integration
What is structuring? ✔Correct Answer-A money laundering technique to evade triggering a
reporting or recordkeeping requirement
What is terrorist financing? ✔Correct Answer-The use of funds for an illegal political purpose to
support terrorist activities
Sanctions definition ✔Correct Answer-Penalties imposed by one entity on another to provoke a
change in behavior or policy
Methods of sanctions evasion ✔Correct Answer-Payment-related, trade-related, ownership-
related
Correspondent banking risk for sanctions ✔Correct Answer-Payments are often processed through
third-party banks that do not know beneficiaries' identities.
Fraud definition ✔Correct Answer-An intentional act of criminal deception to obtain an unjust or
illegal advantage
Indicators of smart contract exploitation ✔Correct Answer-Unrealistic claims for returns;
companies not registered with a regulator
Bribery definition ✔Correct Answer-Giving or receiving an advantage connected to improper
performance of a position of trust
What is tax avoidance? ✔Correct Answer-Legitimately reducing the amount of tax owed to a
government by legal or natural persons
What is tax evasion? ✔Correct Answer-The use of illegal practices to avoid paying a tax liability
How might criminals evade taxes on cryptoassets? ✔Correct Answer-By keeping their cryptoassets
in a third-party account and failing to report
What is cybercrime? ✔Correct Answer-Criminal activity committed using a computer or the
internet, often to access data
What is ransomware? ✔Correct Answer-A form of malware that encrypts the users' files and data
and the victim must pay a ransom
