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 36 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?

The term bacteria was devised in the 19th century by German biologist Ferdinand Cohn. He based it on the Greek word "bakterion" meaning a small rod or staff. Cohn is considered to be the father of modern bacteriology.

Did you know?

In ancient Rome, many of the richer people in the population had lead-induced gout. The reason for this is unclear. Lead poisoning has also been linked to madness.

Did you know?

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

Did you know?

Elderly adults are at greatest risk of stroke and myocardial infarction and have the most to gain from prophylaxis. Patients ages 60 to 80 years with blood pressures above 160/90 mm Hg should benefit from antihypertensive treatment.

Did you know?

More than 4.4billion prescriptions were dispensed within the United States in 2016.

An example of sodium balance achieved by the coordinated actions of three hormones. An example of sodium balance achieved by the coordinated actions of three hormones.
The American Lion was one of the abundant Pleistocene megafauna, a wide variety of very large mammal The American Lion was one of the abundant Pleistocene megafauna, a wide variety of very large mammal
Structure of the ovary and uterine (fallopian) tube. Figure illustrates stages of ovum development a Structure of the ovary and uterine (fallopian) tube. Figure illustrates stages of ovum development a
Drug Resistance Drug Resistance
Subcutaneous drug administration: (d) the needle is removed and the puncture site is covered with an Subcutaneous drug administration: (d) the needle is removed and the puncture site is covered with an
The actions of chromatin-remodeling complexes The actions of chromatin-remodeling complexes
Video: What are Strong & Weak Acids and How they're different?

For a complete list of videos, visit our video library