Acams Exam CAMS Topic 1 Question 88 Discussion

Actual exam question for Acams's CAMS exam

Question #: 88
Topic #: 1

[All CAMS Questions]

Which are social/economic consequences of money laundering? (Choose two.)

ACivil war

BWeakening financial institutions

CIncrease in corruption and organized crime

DIncrease in tax revenue

EWeakening of the country's infrastructure

Show Suggested Answer

Suggested Answer: B, C

by Dion at Sep 17, 2024, 08:33 PM

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Vernell

2 months ago

Increase in tax revenue? Yeah, right. Like the money launderers are gonna cough up that cash to Uncle Sam. Nice try, though.

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Twana

1 months ago

C) Increase in corruption and organized crime

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Ernie

2 months ago

B) Weakening financial institutions

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Shelia

2 months ago

A) Civil war

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Georgiana

2 months ago

I believe the economic consequences of money laundering can be seen in the weakening of the country's infrastructure.

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Chantell

2 months ago

I agree with Izetta. Money laundering can also lead to an increase in corruption and organized crime.

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Marvel

3 months ago

Weakening of the country's infrastructure? Hmm, I bet that's not good for the economy. Yikes!

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Beata

2 months ago

C) Increase in corruption and organized crime

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Dorothy

2 months ago

B) Weakening financial institutions

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Aileen

2 months ago

A) Civil war

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Kristine

3 months ago

Increase in corruption and organized crime? That's a no-brainer, my dude. Gotta watch out for those shady characters.

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Izetta

3 months ago

I think the social consequences of money laundering include weakening financial institutions.

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Charlena

3 months ago

Weakening financial institutions? Well, that's a money laundering nightmare waiting to happen!

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Alline

1 months ago

E) Weakening of the country's infrastructure

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Filiberto

2 months ago

C) Increase in corruption and organized crime

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Laurel

2 months ago

A) Civil war

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