Jun ’14 – Aug ’14 Quiz Issue: Vol. 13 No. 3 Table of Contents Please login or join today for member only downloads and resources. Take the Quiz 1. __________ are currently one of the most efficient means for drug and human smuggling organizations to rapidly move illicit proceeds within the interior of the U.S. to those states bordering the Republic of Mexico.* A) Interstate funnel accounts B) Interstate cash accounts C) All of the above 2. According to FinCEN’s advisory to Financial Institutions on Filing Suspicious Activity Reports Regarding Elder Financial Exploitation, which term should be included in the narratives of a SAR when reporting elder abuse?* A) Elder abuse B) Elder financial exploitation C) Elder financial abuse 3. __________ fraud occurs when a social security number, or a list of numbers, is stolen or bought and a false tax return is filed and the money is mailed to an address accessible by the schemer.* A) Refund B) Return C) Money 4. If a cyber intrusion occurs, who should the response initiative fall on?* A) The IT department B) The marketing department C) It should be a collaborative effort between departments 5. If a financial institution determines that a marijuana business is not engaged in any one of the eight federal enforcement priorities, their SAR will be considered:* A) Marijuana Limited B) Marijuana Suspicious C) Marijuana None D) Marijuana Priority Δ
