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AML/CTF/CPF of WMD Quiz

Total questions: 10

Worksheet time: 5mins

Name
Class
Date
1.

What does AML stand for?

a)

Asset Money Laundering

b)

Anti-Money Legislation

c)

Asset Management Law

d)

Anti-Money Laundering

2.

Which organization leads global action to tackle money laundering?

a)

World Bank

b)

Financial Action Task Force (FATF)

c)

International Monetary Fund (IMF)

d)

Asia/Pacific Group on Money Laundering (APG)

3.

What is the primary purpose of CTF?

a)

To promote financial literacy

b)

To prevent financial support for terrorism

c)

To regulate banking transactions

d)

To enhance customer service

4.

What does CPF of WMD aim to prevent?

a)

Money laundering in casinos

b)

Illegal gambling activities

c)

Proliferation of weapons of mass destruction

d)

Financial support for education

5.

Which of the following terms is used to describe the process of sending money through multiple financial institutions to make it difficult to track?

a)

Placement

b)

Layering

c)

Integration

d)

Hedging

6.

What is the minimum transaction amount for a Suspicious Transactions Report (STR)?

a)

50 million VND

b)

100 million VND

c)

No minimum transaction amount

d)

10 million VND

7.

What is the purpose of Know Your Customer (KYC)?

a)

To reduce operational costs

b)

To enhance customer loyalty

c)

To verify a customer's identity

d)

To increase transaction speed

8.

How many main stages does the money laundering process have?

a)

2

b)

3

c)

4

d)

5

9.

Which Countries are in FATF blacklist 2025?

a)

Democratic People's Republic of Korea (DPRK)

b)

Iran

c)

Myanmar

d)

All of the above

10.

Which department is responsible for performing KYC at Corona Casino?

a)

Finance

b)

Cage

c)

Table games

d)

Slots