Mar ’10 – May ’10 Quiz Issue: Vol. 9 No. 2 Please login or join today for member only downloads and resources. Take the Quiz 1. In the ACAMS Today article "Nexus Between Financial Crime, Money Laundering and Terrorist Financing," what were some of the highlights underlined in the Galleon case?* A) Risk-based approach required B) Due diligence C) Political risk assessment D) All of the above 2. The ACAMS Today article "The UBS Case," which is viewed as a tax evasion case involving one of the largest Swiss bank, discussed five different reasons for maintaining an unreported foreign bank account.* True False 3. Wheeling and smurfing are two reasons why corruption has become the state avocation of New Jersey.* True False 4. Which are some of the fraud schemes committed by the fraudster used in mortgage fraud?* A) Misrepresentation, illegal acquisition, omission of information of credit, identity, income, assets, property value, or occupancy status B) FHA Loan C) Property flipping D) Both A and C 5. Entity resolution is defined as ________?* A) Identity resolution B) Record linkage C) Probability scoring D) Both A and B Δ
