Author Question: Under federal law, banks and other financial institutions are required to report currency ... (Read 43 times)

Mimi · **on:** Aug 3, 2018

Under federal law, banks and other financial institutions are required to report currency transactions involving more than:

a. 1,000
b. 5,000
c. 10,000
d. Banks are not required to report any currency transactions

Question 2

The __________ was originally passed to curb the entry of organized crime into the legitimate business world, but today is used more often to attack white-collar crime than organized crime.

a. Economic Espionage Act
b. Racketeer Influenced and Corrupt Organizations Act (RICO)
c. Electronic Fund Transfer Act
d. Mail Fraud Act