Welcome to Scribd, the world's digital library. Read, publish, and share books and documents. See more
Download
Standard view
Full view
of .
Look up keyword
Like this
11Activity
0 of .
Results for:
No results containing your search query
P. 1
Chapter 7 Graded Quiz w Answers

Chapter 7 Graded Quiz w Answers

Ratings: (0)|Views: 2,863 |Likes:
Published by Fred Flinstone

More info:

Published by: Fred Flinstone on Jun 25, 2012
Copyright:Attribution Non-commercial

Availability:

Read on Scribd mobile: iPhone, iPad and Android.
download as DOCX, PDF, TXT or read online from Scribd
See more
See less

05/15/2013

pdf

text

original

 
Chapter 7: ACC-4800-001
Chapter 7
Instructions:
Questions Limits Points Due Date Availability
45 QuestionsNo Time LimitUnlimited Attempts45 pts possibleMay 22 at11amAlwaysavailable
Score for this attempt: 28 out of 45Submitted May 22 at 10:29amThis attempt took 1 day.Question 1: 1 pts The purpose of money laundering is to:The purpose of money laundering is to:Take illegitimate funds and make them look like they were earned from legitimate businessactivities.Purposefully transfer restricted grant monies into discretionary accounts through confutation.Secretly take suitcases full of money from one country to another.
All of the above.
Only a and b.0 / 1Question 2: 1 pts A first step in a money laundering operation is to:A first step in a money laundering operation is to:Obtain legal money.
Deposit illegal money into the banking system.
Open a correspondent account.Send a money wire transfer to another country.None of the above.1 / 1Question 3: 1 pts What is an important factor in creating the need to start a money launderingoperation?What is an important factor in creating the need to start a money laundering operation?
Successful criminal activities.
The increase in international business.Drug smuggling.The Internet.None of the above.1 / 1
 
 Question 4: 1 pts The reason most money laundering schemes seem to be uncovered is due to:The reason most money laundering schemes seem to be uncovered is due to:Forensic accountants.Bank officials.The FBI.A squealer about the operation.
Both b and d.
0 / 1Question 5: 1 pts To avoid detection by law enforcement authorities, money launderers will onlysend a maximum money transfer that is:To avoid detection by law enforcement authorities, money launderers will only send a maximummoney transfer that is:$5,000 or less.
$10,000 or less.
$15,000 or less.$20,000 or less.None of the above.1 / 1Question 6: 1 pts Banks must file which of the following forms when they become aware of suspicious customer activity related to possible money laundering?Banks must file which of the following forms when they become aware of suspicious customeractivity related to possible money laundering?Currency Transaction Report.Over-Currency Report.International Transportation of Currency and Money Report.
None of the above.
0 / 1Question 7: 1 pts The difference between an off-shore bank and a shell bank is that:The difference between an off-shore bank and a shell bank is that:The shell bank has a physical presence in the country in which it is licensed whereas the off-shore bank does not.
The off-shore bank specifically cannot carry on business in the jurisdiction in which it islicensed whereas such restrictions do not specifically affect shell banks.
Only shell banks use correspondent services.U.S. banks have more access to client account information in a shell bank than in an off-shorebank.None of the above.1 / 1Question 8: 1 pts Which one of the following businesses would a money launderer most want toacquire?Which one of the following businesses would a money launderer most want to acquire?
 
Travel agency.Broker.
Series of newspaper/magazine stands.
Gas station.None of the above.0 / 1Question 9: 1 pts Which one of the following is the easiest to falsify?Which one of the following is the easiest to falsify?Web logs.
Paper documents.
Wire transfer reports.Hard drive files.1 / 1Question 10: 1 pts All of the following would be found in HTTP log files except:All of the following would be found in HTTP log files except:Size of the requested files.Address of the website that the current visitor came from.IP address of the visitor.
Speed of transfer from the previous website.
None of the above.1 / 1Question 11: 1 pts Which one of the following statements about web logs is true?Which one of the following statements about web logs is true?Logs can show unencrypted passwords.Logs provide an audit trail of evidence about activities occurring on a website.Log entries are so expansive on a busy website that they are virtually impossible to use forforensic purposes.Log files are easy for hackers to erase.
Both a and b.
0 / 1Question 12: 1 pts Logs provide which of the following?Logs provide which of the following?Name of the visitor entering the website.Name of the country where the visitor's PC is located.
The web page the visitor was at before entering the website.
The route taken over the Internet to arrive at the current website.All of the above.0 / 1Question 13: 1 pts The GMT time adjust to the East Coast of the United States is:The GMT time adjust to the East Coast of the United States is:
+5 hours.

You're Reading a Free Preview

Download
scribd
/*********** DO NOT ALTER ANYTHING BELOW THIS LINE ! ************/ var s_code=s.t();if(s_code)document.write(s_code)//-->