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Exam CRCM topic 1 question 11 discussion

Actual exam question from ABA's CRCM
Question #: 11
Topic #: 1
[All CRCM Questions]

Compliance professionals have a duty to keep senior management and the board apprised of the state of compliance within the bank through which of the following:

  • A. Self-monitoring and audit results
  • B. Proactive compliance controls
  • C. Timely and accurate regulatory reporting
  • D. All of the options mentioned above
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Suggested Answer: D 🗳️
by JessyJazz24 at Oct. 4, 2023, 10:39 p.m.

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Dex24
7 months ago
page 11
upvoted 1 times
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Dex24
7 months ago
not sure it is D since it should be "compliance performance reporting" not "regulatory".
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JessyJazz24
1 year, 2 months ago
Selected Answer: D
The management will always be in control and make the company runs accordingly
upvoted 1 times
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Community vote distribution
A (35%)
C (25%)
B (20%)
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