Certified Know Your Customer Associate

Here you have the best ACAMS CKYCA practice exam questions

  • You have 60 total questions to study from
  • Each page has 5 questions, making a total of 12 pages
  • You can navigate through the pages using the buttons at the bottom
  • This questions were last updated on January 4, 2026
  • This site is not affiliated with or endorsed by ACAMS.
Question 1 of 60
A legal entity applies to open an account in a financial institution. The owners of the entity are 20 individuals with equal shareholding. Who should be identified as the Ultimate Beneficial Owner (UBO), per Financial Action Task Force (FATF) guidelines?
Correct Answer: D

Question 2 of 60
Assets under management show an increase of investors whose income originates from high-risk jurisdictions. This indicates higher risk in which area?
Correct Answer: B

Question 3 of 60
During a routine CDD update in a financial institution, a junior member of the compliance department identifies that the spouse of the reviewed client was elected as a member of government. Which action should the junior member take?
Correct Answer:

Question 4 of 60
A KYC analyst is onboarding a high-net-worth client and, during the screening process, notices that the prospective client is the parent of a government minister. After the analyst performs a source of wealth analysis, whose approval is needed before opening the account?
Correct Answer: B

Question 5 of 60
A politically exposed person (PEP) is eager to open a private account with an international bank. In addition to performing the normal CDD, which measure should be required from the AML officer?
Correct Answer: B