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 11 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 1864, the first barbiturate (barbituric acid) was synthesized.

Did you know?

Drying your hands with a paper towel will reduce the bacterial count on your hands by 45–60%.

Did you know?

Common abbreviations that cause medication errors include U (unit), mg (milligram), QD (every day), SC (subcutaneous), TIW (three times per week), D/C (discharge or discontinue), HS (at bedtime or "hours of sleep"), cc (cubic centimeters), and AU (each ear).

Did you know?

Prostaglandins were first isolated from human semen in Sweden in the 1930s. They were so named because the researcher thought that they came from the prostate gland. In fact, prostaglandins exist and are synthesized in almost every cell of the body.

Did you know?

The first successful kidney transplant was performed in 1954 and occurred in Boston. A kidney from an identical twin was transplanted into his dying brother's body and was not rejected because it did not appear foreign to his body.

Large Munsterländer Large Munsterländer
Diverticulosis. Figure illustrates external and internal appearance of diverticula. Diverticulosis. Figure illustrates external and internal appearance of diverticula.
Seven black members of Congress in 1871 are from left to right: Senator Hiram Revels (R-MS) and Repr Seven black members of Congress in 1871 are from left to right: Senator Hiram Revels (R-MS) and Repr
The poverty of the Least Industrialized Nations carries over to their educational system. These ... The poverty of the Least Industrialized Nations carries over to their educational system. These ...
Single-dose drug administration. Pharmacokinetic values for this drug are as follows: onset of ... Single-dose drug administration. Pharmacokinetic values for this drug are as follows: onset of ...
Industrial and transport sources are responsible for a large proportion of global GHG emission Industrial and transport sources are responsible for a large proportion of global GHG emission
Video: Chronology of leptin research (A history of leptin research)

For a complete list of videos, visit our video library