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 29 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?

Every 10 seconds, a person in the United States goes to the emergency room complaining of head pain. About 1.2 million visits are for acute migraine attacks.

Did you know?

Certain rare plants containing cyanide include apricot pits and a type of potato called cassava. Fortunately, only chronic or massive ingestion of any of these plants can lead to serious poisoning.

Did you know?

Only one in 10 cancer deaths is caused by the primary tumor. The vast majority of cancer mortality is caused by cells breaking away from the main tumor and metastasizing to other parts of the body, such as the brain, bones, or liver.

Did you know?

In 1835 it was discovered that a disease of silkworms known as muscardine could be transferred from one silkworm to another, and was caused by a fungus.

Did you know?

Vaccines cause herd immunity. If the majority of people in a community have been vaccinated against a disease, an unvaccinated person is less likely to get the disease since others are less likely to become sick from it and spread the disease.

The actions of Frzb and the Frizzled receptor protein show how embryonic development represents a ba The actions of Frzb and the Frizzled receptor protein show how embryonic development represents a ba
Erythroblastosis fetalis. (a) The condition occurs with an RH+ father and RH– mother. (b) First preg Erythroblastosis fetalis. (a) The condition occurs with an RH+ father and RH– mother. (b) First preg
Types of pharmacokinetic drug–drug interactions. Types of pharmacokinetic drug–drug interactions.
Phases of Drug Development Phases of Drug Development
If drug elimination mechanisms become saturated, a drug may exhibit zero-order elimination. If drug elimination mechanisms become saturated, a drug may exhibit zero-order elimination.
Drug A is more potent than Drugs B and C. Drugs A and C have equal efficacy because both drugs have ... Drug A is more potent than Drugs B and C. Drugs A and C have equal efficacy because both drugs have ...
Video: Ventilation - phases and driving forces

For a complete list of videos, visit our video library