AML Exam Bundle With Complete Solutions

AML EXAM 2 QUESTIONS WITH 100% CORRECT ANSWERS The Office of Foreign Assets Control (OFAC) is allowed to impose sanctions against certain foreign countries. A. True B. False - answerA The Financial Action Task Force (FATF) is best known for what? A. Passing EU-Wide laws and policies on AML B...

AML EXAM 1 QUESTIONS WITH 100% CORRECT ANSWERS 3 Stages of Money Laundering - answer1. Placement 2. Layering 3. Integration Three things that might be done during the course of laundering money. - answera. Depositing money into a bank account b. Buying high-end goods c. Sending money abroad ...

AML EXAM 4 QUESTIONS WITH 100% CORRECT ANSWERS What is the music for a movie called? - answerFilm score What is film score based on? - answerVariety and repetition What is musically mimicking a character's actions known as? - answerMickey Mousing What is Mickey Mousing meant to do? - answerAdd...

AML EXAM 1 QUESTIONS WITH 100% CORRECT ANSWERS In the first stage of money laundering what is the goal? a. distance yourself from the money b. get the money into the financial system c. make it appear that the money is legitimate d. purchase high-end goods - answerb What is the process in the...

AML Exam (CE) Questions With Complete Solutions 1. The information an insurance agent must collect for customer identification purposes depends on a. the amount of money the customer is worth. b. The amount of money the customer spends. c. whether the insurance product the customer is purchasi...

AML EXAM 3 Questions With 100% Correct Answers According to the AML/CTF risk categories _____ customers may include politically exposed persons or certain types of money services businesses or cash intensive businesses. a. Prohibited b. High Risk c. Medium Risk d. Low Risk - answerb. High ris...