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 26 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?

Signs of depression include feeling sad most of the time for 2 weeks or longer; loss of interest in things normally enjoyed; lack of energy; sleep and appetite disturbances; weight changes; feelings of hopelessness, helplessness, or worthlessness; an inability to make decisions; and thoughts of death and suicide.

Did you know?

Intradermal injections are somewhat difficult to correctly administer because the skin layers are so thin that it is easy to accidentally punch through to the deeper subcutaneous layer.

Did you know?

The U.S. Preventive Services Task Force recommends that all women age 65 years of age or older should be screened with bone densitometry.

Did you know?

Dogs have been used in studies to detect various cancers in human subjects. They have been trained to sniff breath samples from humans that were collected by having them breathe into special tubes. These people included 55 lung cancer patients, 31 breast cancer patients, and 83 cancer-free patients. The dogs detected 54 of the 55 lung cancer patients as having cancer, detected 28 of the 31 breast cancer patients, and gave only three false-positive results (detecting cancer in people who didn't have it).

Did you know?

In 2006, a generic antinausea drug named ondansetron was approved. It is used to stop nausea and vomiting associated with surgery, chemotherapy, and radiation therapy.

The Sun giving out a large geomagnetic storm The Sun giving out a large geomagnetic storm
) Subcutaneous drug administration: (c) the needle is inserted at a 45 ) Subcutaneous drug administration: (c) the needle is inserted at a 45
Look-Alike and Sound-Alike Drug Names Look-Alike and Sound-Alike Drug Names
Liposomal amphotericin B: Drug molecules are embedded in the lipid bilayer. Liposomal amphotericin B: Drug molecules are embedded in the lipid bilayer.
Common Cytochrome P450 Drug Interactions in Dentistry Common Cytochrome P450 Drug Interactions in Dentistry
A flat circular coil having 57 turns of very thin wire has a diameter of 9.5 cm and carries 7.2 ... A flat circular coil having 57 turns of very thin wire has a diameter of 9.5 cm and carries 7.2 ...
Video: Coronary Heart Disease Animation

For a complete list of videos, visit our video library