Mar ’13 – May ’13 Quiz Issue: Vol. 12 No. 2 Web Version Please login or join today for member only downloads and resources. Take the Quiz 1. What is Bitcoin?* A) A digital currency B) A virtual currency C) A cryptocurrency D) All of the above 2. Bitcoin has a central bank and a regulatory authority.* True False 3. Which is NOT a challenge encountered when conducting a successful CIP due diligence?* A) Organizing an overload of critical public information B) Locating inconsistent and unverifiable information C) Asking applicants to disclose their citizenship history 4. Which is NOT a key compliance strategy factor companies should take into account to be successful?* A) Technology B) Risk Management C) Assertiveness D) Culture 5. The ________ scheme embezzled public funds to buy political support for the then Lula government and to pay off debts from election campaigns.* A) Ponzi B) Mensalão C) Lula Δ
