Free CTMA Practice Test Questions and Answers (2026) Practice Questions
Free preview: 20 questions.
ACAMS CTMA
View Mode
Q: 1
Risk Controls fall into which of the below categories? (SELECT 3)
Options
Discussion
No comments yet. Be the first to comment.
Be respectful. No spam.
Correct Answer:
Q: 2
The Four research steps in the Assess, Explore, Organize and
?
Options
Discussion
No comments yet. Be the first to comment.
Be respectful. No spam.
Correct Answer:
Q: 3
What are the two customer types associated with Transaction Monitoring?
Options
Discussion
No comments yet. Be the first to comment.
Be respectful. No spam.
Correct Answer:
Q: 4
Why is Cannabis deemed as high risk for many new customers, when it is becoming legal?
Options
Discussion
No comments yet. Be the first to comment.
Be respectful. No spam.
Correct Answer:
Q: 5
When do Financial Criminals mostly focus on tailoring their relationship with a bank?
Options
Discussion
No comments yet. Be the first to comment.
Be respectful. No spam.
Correct Answer:
Q: 6
The appropriate controls that should be put in place to mitigate and reduce them with the risk based
approach include? (SELECT 3)
Options
Discussion
No comments yet. Be the first to comment.
Be respectful. No spam.
Correct Answer:
Q: 7
What are two red flags during below that may require further escalation? (SELECT 2)
CERTEMPIRE
Options
Discussion
No comments yet. Be the first to comment.
Be respectful. No spam.
Correct Answer:
Q: 8
Third Party Payment Processors (TPPP) are Non-Bank, or third-party, Payment Processors are financial
institution customers that provide payment processing services to merchants and other business entities,
typically initiating transactions on behalf of merchant clients that do not have a direct relationship with the
Payment Processor’s financial institution. Are TPPP's subjected to anti-financial crime requirements?
Options
Discussion
No comments yet. Be the first to comment.
Be respectful. No spam.
Correct Answer:
Q: 9
What Risk Cateogories are listed below (SELECT 4)
Options
Discussion
No comments yet. Be the first to comment.
Be respectful. No spam.
Correct Answer:
Q: 10
If the customer is completely outside of the risk appetite of your organization, you might do the following?
(SELECT 2)
Options
Discussion
No comments yet. Be the first to comment.
Be respectful. No spam.
Correct Answer:
Q: 11
The second part of the residual risk equation is "controlled risk" What are some control risks below?
(SELECT 3)
Options
Discussion
No comments yet. Be the first to comment.
Be respectful. No spam.
Correct Answer:
Q: 12
During the name screening stage. Is this done and approved prior to onboarding, or during real time
transactions?
Options
Discussion
No comments yet. Be the first to comment.
Be respectful. No spam.
Correct Answer:
Q: 13
What is the main purpose of having controls in your Transaction Monitoring program
It's best practice to have controls in a Transaction Monitoring program
It's a regulatory requirement?
Options
Discussion
No comments yet. Be the first to comment.
Be respectful. No spam.
Correct Answer:
Q: 14
Transaction Monitoring is done in real time?
Options
Discussion
No comments yet. Be the first to comment.
Be respectful. No spam.
Correct Answer:
Q: 15
The Ultimate Beneficial Owner can be a company?
Options
Discussion
No comments yet. Be the first to comment.
Be respectful. No spam.
Correct Answer:
Q: 16
The percentage and types of alerts that become cases will vary based on institution type, client base,
jurisdiction, etc? (TRUE OR FALSE)
Options
Discussion
No comments yet. Be the first to comment.
Be respectful. No spam.
Correct Answer:
Q: 17
Transaction Monitoring relies on Financial Crime Compliance?
Options
Discussion
No comments yet. Be the first to comment.
Be respectful. No spam.
Correct Answer:
Q: 18
Are Red Flags permanent?
Options
Discussion
No comments yet. Be the first to comment.
Be respectful. No spam.
Correct Answer:
Q: 19
CERTEMPIRE
In some jurisdictions, the media might be controlled by the same people you’ll be investigating?
Options
Discussion
No comments yet. Be the first to comment.
Be respectful. No spam.
Correct Answer:
Q: 20
Is Name Screening and Transaction Monitoring the same thing?
