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Exam CCAS Topic 2 Question 2 Discussion

Actual exam question for ACAMS's CCAS exam
Question #: 2
Topic #: 2
Which is an accurate description of a Decentralized Autonomous Organization (DAO)?

Suggested Answer: B Vote an answer

DAOs are decentralized organizational structures where protocol governance and operational decisions are made collectively by token holders or participants rather than centralized management. This group voting and consensus determine how the protocol functions.
DAOs do not rely on traditional contracts (D) nor necessarily require ongoing human managerial control (A). They are not simply funds with boards voting (C) but represent decentralized governance mechanisms.

by Rosalind at Oct 15, 2026, 07:08 PM

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Here are all the actual test exam dumps for IT exams. Most people prepare for the actual exams with our test dumps to pass their exams. So it's critical to choose and actual test pdf to succeed.

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