Us export compliance Study guides, Class notes & Summaries

ACAMS Practice Exam 241 Questions with Verified Answers C - CORRECT ANSWER The USA PATRIOT Act was passed in: A) 1970 B) 1985 C) 2001 D) 2007 D - CORRECT ANSWER The three stages of money laundering are: A) Layering, Placement, Refining B) Placement, Refining, Integration C) Refining. Integration, Layering D) Integration, Layering, Placement D - CORRECT ANSWER Which of the following would be satisfactory elements of an Anti-Money Laundering Program? I - A CAM...

ACAMS Exam Review 70 Questions with Verified Answers Define "smurfing." - CORRECT ANSWER The use of multiple individuals and/or transactions for making cash deposits, buying monetary transactions or banks drafts in amounts under the reporting threshold. (NB: Some equate this term with structuring) What are the sections of the USA PATRIOT Act pertaining to AML due diligence? - CORRECT ANSWER *Section 312* -- Requirement that institutions create risk-based due diligence programs *Sec...

T08E02 What is an industrial Security Agreement ISA... Q & As BEST EXAM SOLUTION LATEST SAMMARY FOR EXAM 2023 GRADED A+ Lesson 8 – Exam National Industrial Security Program  T08.E06 Select an example of a risk associated with a foreign investment in a U.S. manufacturer a. The US remains economically competitive with China b. And Italian aircraf t manufacturer merges with a company that produces classifiednavigation for US Air Force tactical aircraft c. Foreign markets open to US ...

Commissioner of (CBP) is filled by - correct answer presidential nomination, subject to the advice and consent of the Senate. CBP gave rise to which of the following agencies? - correct answer National Institute of Standards and Technology U.S. Coast Guard Department of Veterans Affairs not a component of the Department of Homeland Security - correct answer Bureau of the Census CBP's responsibilities do not encompass - correct answer Licensing imported firearms not a Homeland Security mission -...

ACAMS Exam 65 Questions with Verified Answers 1) Gold is an extremely attractive vehicle for laundering because it is relatively compact and easy to transport 2) the gold market is a target for criminal activity because it is lucrative and holds its value regardless of the form it takes - CORRECT ANSWER Name two key findings by FATF in its report on "Money Laundering/Terrorist Financing Risks...Associated with Gold" (2015) Casinos Real estate agents Lawyers, accountants, and notarie...

Commissioner of (CBP) is filled by presidential nomination, subject to the advice and consent of the Senate. CBP gave rise to which of the following agencies? National Institute of Standards and Technology U.S. Coast Guard Department of Veterans Affairs not a component of the Department of Homeland Security Bureau of the Census CBP's responsibilities do not encompass Licensing imported firearms not a Homeland Security mission Supporting U.S. commercial interes...

SPēD SFPC EXAM 2023/2024 Indicators of insider threats - (answer)-1. Failure to report overseas travel or contact with foreign nationals 2. Seeking to gain higher clearance or expand access outside job scope 3. Engaging in classified conversations without NTK 4. Working inconsistent hours 5. Exploitable behavior traits 6. Repeated security violations 7. Unexplainable affluence/living above one's means 8. Illegal downloads of information/files Elements that should be considered in ide...

ACAMS Exam 97 Questions with Verified Answers Define a red flag. - CORRECT ANSWER A warning signal that should bring attention to a potentially suspicious situation, transaction or activity. Define willful blindness. - CORRECT ANSWER A legal principle that operates in money laundering cases in the U.S. and is defined by courts as the "deliberate avoidance of knowledge of the facts" or purposeful indifference. Courts have held that willful blindness is the equivalent of actual knowledge...

Utilitarianism idea that the goal of society should be to bring about the greatest happiness for the greatest number of people Consequentialism An ethical system that determines the goodness or evilness from the effect or result of an act. Utilitarianism/Consequentialism utilitarianism and consequentialism share many of the same tenets. One difference, however, is consequentialism does not specify a desired outcome, while utilitarianism specifies good as the desired outcome. ...

SPēD SFPC EXAM 2023/2024 Indicators of insider threats - (answer)-1. Failure to report overseas travel or contact with foreign nationals 2. Seeking to gain higher clearance or expand access outside job scope 3. Engaging in classified conversations without NTK 4. Working inconsistent hours 5. Exploitable behavior traits 6. Repeated security violations 7. Unexplainable affluence/living above one's means 8. Illegal downloads of information/files Elements that should be considered in ide...