Forensic Quiz 23

Forensic Quiz 23 - Economic Development which of the...

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Question 1 2 out of 2 points In which of the following steps in the money laundering process is the money sent through various financial transactions to change its form and make it difficult to follow? Answer Selected Answer: Layering. Correct Answer: Layering. Response Feedback: Question 2 2 out of 2 points Smurfing is a type of which of these? Answer Selected Answer: Money-laundering placement. Correct Answer: Money-laundering placement. Question 3 2 out of 2 points
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Which of these is an example of transferring money through an hawala? Answer Selected Answer: Money-laundering layering. Correct Answer: Money-laundering layering. Question 4 2 out of 2 points Which or the following is true? Answer Selected Answer: All of the above are true. Correct Answer: All of the above are true. Question 5 2 out of 2 points Per the article The Role of Social and
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Unformatted text preview: Economic Development which of the following is false? Answer Selected Answer: Social and economic development policies will eliminate terrorism. Correct Answer: Social and economic development policies will eliminate terrorism. Question 6 1 out of 1 points Per the article AML Technology AML is an acronym for Anti Militant Leagues. Answer Selected Answer: Correct Answer: Response Feedback: Question 7 1 out of 1 points Per the article Currency Reporting Money Laundering financial institutions that engage in a currency transaction of $10,000 or more must file a Currency Transaction report (CTR) and file a Suspicious Activity report (SAR) for transactions of $5,000 or more if they know or suspect the money was derived from illegal sources. Answer Selected Answer: Correct Answer:...
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Forensic Quiz 23 - Economic Development which of the...

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