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ACFCS Financial Crime SpecialistExam CFCS Question # 87 Topic 4 Discussion

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ACFCS Financial Crime SpecialistExam CFCS Question # 87 Topic 4 Discussion

CFCS Exam Topic 4 Question 87 Discussion:
Question #: 87
Topic #: 4

A company is concerned that its prepaid cards could be used by identity thieves seeking to launder funds. You have been asked to examine its card program and designate features to reduce the risks of the cards being abused.

Which policy would MOST reduce the risk ol money laundering?
A.

The cards hold a low maximum value and can be reloaded by the customer several times a day

B.

The cards can be used al merchants' points of sale to get cash back on purchases

C.

The cards must be reloaded at the original point of sale using a debit or credit card

D.

The cards expire one year after their issue date and the funds revert to the customer

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Actual exam question for ACFCS CFCS exam by Ember87797 at Aug 2, 2025, 12:00:00 AM

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