ACAMS PRACTICE QUESTIONS WITH
CORRECT ANSWERS 2025
The USA PATRIOT Act was passed in:
A) 1970
B) 1985
C) 2001
D) 2007 - CORRECT ANSWER -C
The three stages of money laundering are:
A) Layering, Placement, Refining
B) Placement, Refining, Integration
C) Refining. Integration, Layering
D) Integration, Layering, Placement - CORRECT ANSWER -D
Which of the following would be satisfactory elements of an Anti-
Money Laundering Program?
I-
A CAMS certified employee in the Investigations Unit writes up a few policies and procedur
es and posts them on the department bulletin board.
II -
Shortly after attaining their CAMS certification, the individual provides AML training to the
,Investigations N Unit.
III - N The N CAMS N certified N individual N routinely N reviews N the N work N of N the N Investigations N Unit.
IV - N The N CAMS N certified N individual N assumes N the N responsibility N of N a N compliance N watchdog.
A) All N of N the N above N would N be N satisfactory
B) II N and N IV N would N be N satisfactory
C) I N and N III N would N be N satisfactory
D) None N of N the N above N would N be N satisfactory
The N correct N answer N would N be N "D N - N None N of N the N above N would N be N satisfactory."
I - N The N AML N program N must N be N approved N by N the N Board N of N Directors.
,II - N An N AML N training N program N is N required N of N all N personnel N (and N contrac N - N CORRECT
N ANSWER N - ND
In N determining N what N risks N a N customer N poses, N which N consideration N should N NOT N be N a
N major N fac Ntor?
A) Where N the N customer N resides N or N where N the N business N is N headquartered.
B) What N is N the N size N of N your N financial N institution.
C) What N occupation N or N type N of N business N does N the N customer N derive N their N income N from.
D) What N are N the N customer's N ethnic N heritage, N sexual N orientation N and N political N beliefs.
, The Ncorrect Nanswer Nwould Nbe N"D." NThe Ncustomer's Nethnic Nheritage, Nsexual Norientation Nand
Npo Nlitical Nbeliefs Nare Nmore Ndiscriminatory Nfactors, Nand Nwhile Nthey Nmay Nhelp Nframe Nthe
Ncontext Nof Ncertain N transactions, N they N should N not N be N a N major N factor N in N assessing
N risk.
The N size N of N your N financial N institution N is N a N critical N element N in N determining N the N level
N of N sensitivi Nty N to N risks Nfor N certain N customers.
Analysis N questions N require N one N to N synthesize N information, N arrive N at N solutions N and/or
N evaluate Nthe N usefulness N of N solutions. N One N - N CORRECT N ANSWER N -D
In N general, N the N three N phases N of N money N laundering N are N said N to N be: N Placement:
A. N Structuring N and N manipulation.
B. N Layering N and N integration.
C. N Layering N and N smur N ng.
D. N Integration N and N in N ltration. N - N CORRECT N ANSWER N -B
Which N of N the N following N is N the N most N common N method N of N laundering N money N through
N a N legal Nmoney N services N business?
A. N Purchasing N structured N money N instruments.
B. N Smuggling N bulk-cash.
C. N Transferring N funds N through N Payable N Through N Accounts N (PTAs).
CORRECT ANSWERS 2025
The USA PATRIOT Act was passed in:
A) 1970
B) 1985
C) 2001
D) 2007 - CORRECT ANSWER -C
The three stages of money laundering are:
A) Layering, Placement, Refining
B) Placement, Refining, Integration
C) Refining. Integration, Layering
D) Integration, Layering, Placement - CORRECT ANSWER -D
Which of the following would be satisfactory elements of an Anti-
Money Laundering Program?
I-
A CAMS certified employee in the Investigations Unit writes up a few policies and procedur
es and posts them on the department bulletin board.
II -
Shortly after attaining their CAMS certification, the individual provides AML training to the
,Investigations N Unit.
III - N The N CAMS N certified N individual N routinely N reviews N the N work N of N the N Investigations N Unit.
IV - N The N CAMS N certified N individual N assumes N the N responsibility N of N a N compliance N watchdog.
A) All N of N the N above N would N be N satisfactory
B) II N and N IV N would N be N satisfactory
C) I N and N III N would N be N satisfactory
D) None N of N the N above N would N be N satisfactory
The N correct N answer N would N be N "D N - N None N of N the N above N would N be N satisfactory."
I - N The N AML N program N must N be N approved N by N the N Board N of N Directors.
,II - N An N AML N training N program N is N required N of N all N personnel N (and N contrac N - N CORRECT
N ANSWER N - ND
In N determining N what N risks N a N customer N poses, N which N consideration N should N NOT N be N a
N major N fac Ntor?
A) Where N the N customer N resides N or N where N the N business N is N headquartered.
B) What N is N the N size N of N your N financial N institution.
C) What N occupation N or N type N of N business N does N the N customer N derive N their N income N from.
D) What N are N the N customer's N ethnic N heritage, N sexual N orientation N and N political N beliefs.
, The Ncorrect Nanswer Nwould Nbe N"D." NThe Ncustomer's Nethnic Nheritage, Nsexual Norientation Nand
Npo Nlitical Nbeliefs Nare Nmore Ndiscriminatory Nfactors, Nand Nwhile Nthey Nmay Nhelp Nframe Nthe
Ncontext Nof Ncertain N transactions, N they N should N not N be N a N major N factor N in N assessing
N risk.
The N size N of N your N financial N institution N is N a N critical N element N in N determining N the N level
N of N sensitivi Nty N to N risks Nfor N certain N customers.
Analysis N questions N require N one N to N synthesize N information, N arrive N at N solutions N and/or
N evaluate Nthe N usefulness N of N solutions. N One N - N CORRECT N ANSWER N -D
In N general, N the N three N phases N of N money N laundering N are N said N to N be: N Placement:
A. N Structuring N and N manipulation.
B. N Layering N and N integration.
C. N Layering N and N smur N ng.
D. N Integration N and N in N ltration. N - N CORRECT N ANSWER N -B
Which N of N the N following N is N the N most N common N method N of N laundering N money N through
N a N legal Nmoney N services N business?
A. N Purchasing N structured N money N instruments.
B. N Smuggling N bulk-cash.
C. N Transferring N funds N through N Payable N Through N Accounts N (PTAs).
