exam questions

Exam CRCM All Questions

View all questions & answers for the CRCM exam

Exam CRCM topic 1 question 246 discussion

Actual exam question from ABA's CRCM
Question #: 246
Topic #: 1
[All CRCM Questions]

In which of the following circumstances is it LEAST appropriate for a bank to file a SAR regarding Internet activity?

  • A. Bank determines that one of its customers is the victim of identity theft
  • B. Bank becomes aware of identity theft of its domain name (i.e., another entity selects a name similar to the bank's in order to confuse customers and obtain confidential financial information)
  • C. Bank discovers that someone has hacked into its data system in order to obtain confidential customer data
  • D. Bank determines through its transaction-monitoring program that a customer is making electronic transfers between his own checking and savings accounts that are just below the $10,000 reporting level
Show Suggested Answer Hide Answer
Suggested Answer: D 🗳️

Comments

Chosen Answer:
This is a voting comment (?). It is better to Upvote an existing comment if you don't have anything to add.
Switch to a voting comment New
Cam22
4 months ago
Selected Answer: D
question in guide
upvoted 1 times
...
Community vote distribution
A (35%)
C (25%)
B (20%)
Other
Most Voted
A voting comment increases the vote count for the chosen answer by one.

Upvoting a comment with a selected answer will also increase the vote count towards that answer by one. So if you see a comment that you already agree with, you can upvote it instead of posting a new comment.

SaveCancel
Loading ...
exam
Someone Bought Contributor Access for:
SY0-701
London, 1 minute ago