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Exam CRCM topic 1 question 3 discussion

Actual exam question from ABA's CRCM
Question #: 3
Topic #: 1
[All CRCM Questions]

A compliance professional's responsibilities include all of the following EXCEPT:

  • A. Understanding the business units operating environment and risk tolerance
  • B. Performing risk assessments with the assistance of business units to determine current risk levels and risks associated with the bank's products, lines of business, customers, and locations, among other factors
  • C. Working with business units to ensure prompt corrective action for any detected errors
  • D. Assisting business lines with compliance training for employees, as needed
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Suggested Answer: D 🗳️

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Dex24
6 months ago
Per the online book, page 5, it is "assisting business UNITS..." not business "lines".
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Dex24
7 months ago
D, page 5.
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JessyJazz24
1 year, 2 months ago
Selected Answer: D
Employees needs training and to make the the company better
upvoted 1 times
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