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Exam CRCM topic 1 question 1 discussion

Actual exam question from ABA's CRCM
Question #: 1
Topic #: 1
[All CRCM Questions]

To be effective, compliance risk management professionals must design a framework to ensure that bank management understands the risks and the steps that must be taken to mitigate them. The many roles compliance professionals fill incorporate risk management aspects including:

  • A. Coordinating regulatory exams to explain risks to examiners
  • B. Overseeing compliance training targeting higher risk areas
  • C. Tracking regulatory proposals and final rules to understand new risks
  • D. All of these
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Suggested Answer: D 🗳️
by JessyJazz24 at Oct. 4, 2023, 10:23 p.m.

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Dex24
7 months ago
C, page 3 and 4.
upvoted 1 times
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JessyJazz24
1 year, 2 months ago
Selected Answer: D
All of the above makes the computer better
upvoted 1 times
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