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NEW QUESTION: 1
Bob Jones, president of ACME bank, has had a banking relationship with Linda O'Reilly, a local real estate agent for several years.
Ms. O'Reilly keeps most of her deposit accounts with ACME and also has had several personal loans there. Over a three-month time period, Ms. O'Reilly consistently (two or three times a week) brings to the bank a series of money orders in amounts ranging from $7,000 to $15,000, made payable to her in denominations of $1,000, and asks the teller to take them and issue one cashier's check payable to her. After this activity has continued for three months, Mr. Jones notices the frequency of cashier's checks issued to Ms. O'Reilly on a management report. It catches his attention because he does not know why Ms. O'Reilly would need this number of cashier's checks. On inquiry, the head teller explains the weekly transactions. Which of the following statements best describes Mr. Jones's responsibility?
A. He should immediately file a SAR. There is no logical explanation for this activity.
B. He is not required to do anything. Mr. Jones is well acquainted with this customer, and it is not illegal to purchase cashier's checks.
C. He should immediately file a CTR. Ms. O'Reilly is trying to evade the BSA currency transaction.
D. He should ask Ms. O'Reilly why she is conducting these transactions and then determine whether to file a SAR.
Answer: D

NEW QUESTION: 2


With the current Cisco WLC version 7.0 syslog level settings set the way they are, which log levels are captured by the Syslog server?

A. Option D
B. Option C
C. Option B
D. Option A
Answer: A

NEW QUESTION: 3
A(n) ______ 's object is to earn a return in excess of the fair rate of return.
A. hedger.
B. investor.
C. information-motivated trader.
Answer: C
Explanation:
Information-motivated traders trade to profit from information that they believe allows them to predict future prices.

NEW QUESTION: 4
When a new user visits your proprietary site, what is typically the first method of interaction with them?
A. Log file entry notifying you of new visitor activity
B. A welcome e-mail message
C. A registration from allowing access to the site
D. Shopping cart activity
Answer: B

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