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Exam Advanced-CAMS-Audit Topic 3 Question 63 Discussion

Actual exam question for ACAMS's Advanced-CAMS-Audit exam
Question #: 63
Topic #: 3
When assessing the effectiveness of a transaction monitoring system, which indicators require active monitoring by the auditor or compliance'? (Select Two.)

Suggested Answer: A,D Vote an answer

Transaction Monitoring Effectiveness:
* A. Data Quality: Accurate data mapping ensures scenarios detect relevant risks, reducing errors in monitoring.
* D. False Positives: Monitoring false positive ratios improves system efficiency and minimizes unnecessary alerts.

by Hulda at Jan 28, 2025, 12:25 AM

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