Compliance and anti-money-laundering

About this practice suite

This suite prepares candidates for compliance and anti-money-laundering selection in the finance, accounting, banking, and insurance sector with 6 skill areas: situational judgment, critical thinking, attention and concentration, numerical reasoning, verbal reasoning and error detection. Every question was written by Novus editors for this suite — none are taken from live or leaked exams — and the full bank holds 52 scored questions across three modes, plus 8 reserve questions used to vary repeat attempts. Answer keys never ship to the browser: your answers are scored server-side, and results stay on your device.

Skills this suite practises

• Situational judgment — Evaluating workplace responses against role-relevant principles.
• Critical thinking — Evaluating evidence, assumptions, arguments, credibility, and alternative explanations.
• Attention and concentration — Sustained focus, selective attention, and accuracy under time pressure.
• Numerical reasoning — Arithmetic, fractions, percentages, ratios, rates, estimation, word problems, and number relationships.
• Verbal reasoning — Drawing conclusions from written information without relying on outside assumptions.
• Error detection — Comparing strings, records, transactions, forms, and data for mistakes.

Sample questions from the guided bank

Two of the 10 guided-practice questions, shown exactly as they appear in a session. Answers and explanations are not printed here — keys stay on the server — so open guided practice to answer them and see how you did.

1. Customer due diligence (CDD) educationally centers on:

   • A. Maximizing cross-sell of credit cards at account opening
   • B. Skipping identity checks for ‘known’ walk-ins
   • C. Identifying the customer, understanding purpose/nature of the relationship, and assessing ML/TF risk
   • D. Replacing sanctions screening forever

2. A new corporate client refuses to name beneficial owners above a policy threshold and insists ‘privacy means no UBO file.’ Best educational response?

   • A. Escalate and do not onboard without required beneficial-ownership information per policy
   • B. Open the account and hope auditors never ask
   • C. Accept a nickname as UBO
   • D. Delete the CDD checklist to close the deal

Practice modes and timing

Guided practice is untimed-feeling and instructional; the mini-test is a short timed check; the full simulation mirrors a complete sitting. All three draw on separate question sets, so moving up a mode never repeats what you practised.

Study outline

Read the study outline for this suite’s skills, timings, and recommended lessons on one printable page, or download its standalone HTML file. The printable page can also be saved as a PDF from your browser.