Sep ’16 – Nov ’16 Quiz Issue: Vol. 15 No. 4 Please login or join today for member only downloads and resources. Take the Quiz 1. According to the article “Defining Marijuana-Related Businesses,” which MRB tier is the least risky tier and not a “marijuana businesses” in the strictest sense?* A) Tier I B) Tier II C) Tier III D) Tier IV 2. A(n) ______ environment is one where cryptocurrency activities intersect with the traditional banking system.* A) Contained B) Interactive C) Digital D) Intersecting 3. Which situation below best describes the term “chip walking?”* A) A patron has more than $10,000 in chips, but they choose to cash out less B) A patron leaves the casino with a large amount of chips C) A patron stores a large amount of chips on-site in a lock box for an extended period of time D) All of the above 4. Who was accused of violating the BSA and its implementing regulations—or lack thereof—involving AML efforts while serving in his position at MoneyGram International?* A) Thomas Haider B) Dmitrij Harder C) Carl Reichel D) None of the above 5. Which Recommendation specifically aims to ensure that basic information on the originator and beneficiary of wire transfers is immediately available?* A) Recommendation 12 B) Recommendation 8 C) Recommendation 16 D) Recommendation 13 Δ
