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Exam CRCM topic 1 question 8 discussion

Actual exam question from ABA's CRCM
Question #: 8
Topic #: 1
[All CRCM Questions]

There is no established template for documenting compliance risk. Each institution should develop a risk assessment that fits its risk profile. The components that are commonly used throughout the industry are as follows EXCEPT:

  • A. Risk assessment
  • B. Measuring key risk indicators
  • C. Identifying key performance indicators
  • D. Training the leadership of compliance regulation program
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Suggested Answer: D 🗳️

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JessyJazz24
3 months, 1 week ago
Selected Answer: D
Regulate the program at all time so the training is moving smoothly
upvoted 1 times
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