The clients at home and abroad strive to buy our CFCS test materials because they think our products are the best study materials which are designed for preparing the test ACFCS certification. They trust our CFCS certification guide deeply not only because the high quality and passing rate of our Financial Crime Specialist qualification test guide but also because our considerate service system. They treat our CFCS study materials as the magic weapon to get the ACFCS certificate and the meritorious statesman to increase their wages and be promoted. You may be not quite familiar with our CFCS test materials and we provide the detailed explanation of our CFCS certification guide as follow for you have an understanding before you decide to buy.

Self-learning and self-evaluation functions

Our Financial Crime Specialist qualification test guide boosts the self-learning and self-evaluation functions so as to let the clients understand their learning results and learning process, then find the weak links to improve them. Through the self-learning function the learners can choose the learning methods by themselves and choose the contents which they think are important. Through the self-evaluation function the learners can evaluate their mastery degree of our CFCS test materials and their learning process. The two functions can help the learners adjust their learning arrangements and schedules to efficiently prepare the exam. The clients can record their self-learning summary and results into our software and evaluate their learning process, mastery degrees and learning results in our software. According their learning conditions of our CFCS certification guide they can change their learning methods and styles.

Any electronic equipment available on the APP online version

Our CFCS test materials boost three versions and they include the PDF version, PC version and the APP online version. The clients can use any electronic equipment on it. If only the users' equipment can link with the internet they can use their equipment to learn our Financial Crime Specialist qualification test guide. They can use their cellphones, laptops and tablet computers to learn our CFCS study materials. The great advantage of the APP online version is if only the clients use our CFCS certification guide in the environment with the internet for the first time on any electronic equipment they can use our CFCS test materials offline later. So the clients can carry about their electronic equipment available on their hands and when they want to use them to learn our Financial Crime Specialist qualification test guide they can take them out at any time and learn offline. So the clients can break through the limits of the time, equipment, place and environment and learn our CFCS certification guide at their own wills. This is an outstanding merit of the APP online version.

Simple language

The language of our Financial Crime Specialist qualification test guide is simple. The learners may come from many social positions and their abilities to master our CFCS test materials are varied. Based on this consideration we apply the most simple and easy-to-be-understood language to help the learners no matter he or she is the students or the in-service staff, the novice or the experienced employee which have worked for many years. CFCS certification guide use the simple language to explain the answers and detailed knowledge points and the concise words to show the complicated information about the CFCS test materials. The language is also refined to simplify the large amount of information. So the learners have no obstacles to learn our CFCS certification guide.

ACFCS Financial Crime Specialist Sample Questions:

1. The bookkeeper lor Corporation A has been charged wilh embezzling corporate funds. It was discovered that the bookkeeper misappropriated customer checks received in the mail cashed the checks and wrote-off the accounts receivable asuncollectible. The corporation had policies to ensure there was a segregation of duties.
Which condition is MOST likely to have provided an opportunity for the bookkeeper to embezzle corporate income checks?

A) The bookkeeper enters all payments received (rom customers into the corporate Cash Receipts Journal
B) The bookkeeper and receptionist who opens the mail cover lor each other while the other is at lunch
C) The corporate mail duties of the receptionist which include logging the receipt of payments from customers are covered by a student intern when the receptionist calls in sick
D) The outside accountant receives and reconciles the monthly bank statement

2. You were recently hired as a new sanction's analyst for a large international bank in your introductory training you were told the bank generally prefers to avoid doing business with jurisdictions on U.S. sanctions lists, but has supported transactions under "specific' and "general licenses".
In your day-to-day job you find a certain business line seems to be conducting transactions with companies in sanctioned countries and these transactions are flagged by your sanction's filters more than others When you researched the companies you found the transactions were not covered under a general or specific license When you raised this issue with the division's business line manager, he said it "was a mistake".
A week later, you saw a transaction to a company with nearly the same name except shortened and slightly altered. The transaction amount is the same but there was no mention of the sanctioned jurisdiction. The business line manager assured you it was a different company m non-sanctioned country Which is the MOST appropriate next step for you to take?

A) Update your sanctions filter parameters lo note that the new company with the similar name has been internally white-listed
B) Close the case because the original alerts were false positives The country is not on a U.S. sanctions list
C) inform your superiors that some business lines may be stripping transaction details and dealing with entities or regions on U.S. sanctions
D) inform your superiors that due to conflicting information both companies should be the subject of a Suspicious Activity Report (SAR)

3. You are a financial crime specialist who has been asked to investigate allegations of internal fraud at a construction supplies manufacturer Managers believe one or more employees are working with outsiders to siphon off company funds, but have little information on how it is happening.
The company s sales have grown significantly in recent months and it is expanding the geographic area in which it operates It relies on a large numberofthirdpartiesto conduct its operations, including distributors and sales agents You have started your investigation by examining invoices and other payment records made by the manufacturing company to thirdparties.
Which record would you prioritize as MOST suspicious?

A) Payment records to a new sales agent that demonstrate steadily increasing commissions requests over the past six months
B) Sales contracts that indicate a number ol new distributors in a city in wh.ch the manufacturer did not previously operate
C) Transaction records that show commission checks larger than any other commission payments were issued to the mostexperiencedsales agent
D) invoices paid to a distributor that include sizable reimbursements lorunspecifiedtravel expenses

4. According to the Basel's Committee's Customer Due Diligence Paper how should a customer's first payment be carried out?

A) Through an account in the customer's name in an established bank within the financial action task force zone
B) Through an established money service business with a correspondent relationship with the financial institution
C) Through an account in the customers name with another bank subject to similar customer due diligence standards
D) Through a lawyer or other gatekeeper account with another bank subject to similar customer due diligence standards

5. Country A is conducting a criminal investigation of alleged corruption by a public official in its country and needs to obtain bank records in Country B It appears that the public official controls the bank account.
To assure that the evidence (i.e. bank records) can be obtained for a trial in Country A which should the investigators in Country A do?

A) Make an official request through Interpol
B) Request authentication of the records from the Central Bank of Country B
C) Make an initial contact with the bank to assure that the records are in the name of the public official
D) Transmit a mutual legal assistance request through the Central Authority

Solutions: