This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Danielle is a smurf for a drug cartel. Which best illustrates her actions? A) She carries large ... (Read 20 times)

SGallaher96

  • Hero Member
  • *****
  • Posts: 509
on: Aug 17, 2018
Danielle is a smurf for a drug cartel. Which best illustrates her actions?
 
  A) She carries large denominations of drug money hidden on her person and flies from the United States to South America.
  B) She takes cash to a bank and makes several transactions, trading small bills for larger ones.
  C) She makes large transactions via fax or personal computer, thus avoiding personal interactions with banking personnel.
  D) She goes to several different banks and purchases cashier's checks in denominations of less than the required CTR reporting amount.

Question 2

What does a Currency Transaction Report (CTR) require banks to record?
 
  A) Cash transactions of 5,000 or more
  B) Cash transactions of 10,000 or more
  C) Cash transactions of 1,000 or more
  D) Suspicious conditions in transactions of 50,000 or more


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

shayla

  • Sr. Member
  • ****
  • Posts: 323
Reply #1 on: Aug 17, 2018
Answer to Question 1

Answer: D

Answer to Question 2

Answer: B


SGallaher96

  • Hero Member
  • *****
  • Posts: 509
Reply #2 on: Aug 17, 2018
Both answers were spot on, thank you once again


shayla

  • Sr. Member
  • ****
  • Posts: 323
Reply #3 on: Aug 17, 2018
Great! Please up vote :D


« previous next »
 

Did you know?

In inpatient settings, adverse drug events account for an estimated one in three of all hospital adverse events. They affect approximately 2 million hospital stays every year, and prolong hospital stays by between one and five days.

Did you know?

The modern decimal position system was the invention of the Hindus (around 800 AD), involving the placing of numerals to indicate their value (units, tens, hundreds, and so on).

Did you know?

All adults should have their cholesterol levels checked once every 5 years. During 2009–2010, 69.4% of Americans age 20 and older reported having their cholesterol checked within the last five years.

Did you know?

The average person is easily confused by the terms pharmaceutics and pharmacology, thinking they are one and the same. Whereas pharmaceutics is the science of preparing and dispensing drugs (otherwise known as the science of pharmacy), pharmacology is the study of medications.

Did you know?

Nitroglycerin is used to alleviate various heart-related conditions, and it is also the chief component of dynamite (but mixed in a solid clay base to stabilize it).

Messenger RNA (mRNA) carries genetic information from the nucleus to the cytoplasm for protein synth Messenger RNA (mRNA) carries genetic information from the nucleus to the cytoplasm for protein synth
A strike by 800 women shoemakers in Lynn, Massachusetts, in 1860. In 1851 a Lynn shoemaker had adapt A strike by 800 women shoemakers in Lynn, Massachusetts, in 1860. In 1851 a Lynn shoemaker had adapt
Example of equipment used for a urine drug screen that a medical office may require before ... Example of equipment used for a urine drug screen that a medical office may require before ...
Drug Classes for Hypertension Drug Classes for Hypertension
Major Muscles: Origins, Insertions, and Actions Major Muscles: Origins, Insertions, and Actions
Ophthalmic drug administration Ophthalmic drug administration
Video: Asthma Treatment

For a complete list of videos, visit our video library