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Advanced-CAMS-Audit Engine Package

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Advanced-CAMS-Audit PDF Package

Advanced-CAMS-Audit PDF Exam (Downloadable)
Latest 2025 Syllabus Topics Included
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Updated : 31-Oct-2025
QA : 90 Answers With In-Depth Explanation
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Free Advanced-CAMS-Audit Download Demo

Advanced-CAMS-Audit Question and answers Include

Total Questions: 90 Q&A's
Single Choice: 63 Q&A's
Multiple Choice: 27 Q&A's

What Advanced-CAMS-Audit Questions and Answers feature?

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Advanced-CAMS-Audit Questions and Answers

Question # 1

An auditor plans to examine a sample targeting newly onboarded, high net-worth clients to assess adherence to their onboarding policies. What sampling methods should the auditor use? (Select Three.)

A.

Judgment sampling

B.

Stratified sampling

C.

Discovery sampling

D.

Simple random sampling

E.

Snowball sampling

F.

Systematic sampling

Question # 2

A financial institution's (FI) risk assessment identified a lack of specific policies and procedures for existing privately-owned automated teller machine (ATM) customers.What would an auditorreview to assess whether this risk has been addressed?

A.

Prepare to audit a sample of the FI's privately-owned ATM customers.

B.

Draft policies and procedures for the FI's privately-owned ATM customers.

C.

Request data on the volume and value of transactions through the privately-owned ATM customers.

D.

Review the current risk assessment to determine the existence of privately-owned ATM customers.

Question # 3

An organization creates a document for its audit committee listing the outstanding audit findings. The list has an executive management owner assigned to each finding, due dates for reporting management's responses and space for management to identity the actions to be taken. Which is a primary purpose of this document?

A.

Providing audit documentation of management responses

B.

Tracking completion of proposed recommendations

C.

Documenting audit team validation testing

D.

Testing resiliency of proposed recommendations

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