CAMS Exam Dumps | What is the primary advantage of using a risk-based approach in allocating compliance resources?

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Question 263/417

What is the primary advantage of using a risk-based approach in allocating compliance resources?

A. It reduces the overall cost of compliance programs.

B. It eliminates the need for periodic audits of low-risk customers.

C. It ensures focus on high-risk areas while maintaining operational efficiency.

D. It standardizes compliance processes across all regions.

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