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NEW QUESTION: 1
An anti-money laundering specialist working at a bank just received a legal request from a law enforcement agency mandating the release of all financial transaction records relating to an account at the bank. The specialist immediately recognizes the account as one owned by the bank Chief Executive Officier's brother. During research to gather the requested documents, the specialist finds several internal memos he had sent to the bank president with concerns regarding possible suspicious activity relating to this account. The specialist recalls the bank president verbally responded to each memo with an explanation of the activity and indicated there was no cause for concern. What should the specialist do with respect to these internal memos?
A. Place these memos in his personal files in case they are subsequently requested
B. Ask the bank president to document his instructions to the specialist
C. Advise the bank's senior legal advisor of the situation
D. Call the law enforcement agent and suggest he modify the legal request to include these memos
Answer: C

NEW QUESTION: 2
The Articles of Association of Dee Ltd state that the company has power to borrow money and that the directors have authority to borrow up to £200,000 on behalf of the company. The board has resolved to purchase a piece of land for £300,000. The Midwest Bank plc has agreed to make a loan of £250,000 to Dee Ltd to acquire the land. Which of the following statements is correct?
A. The loan is ultra virus the directors who will be personally liable for any loss caused to the company, unless their actions are ratified by the shareholders.
B. As the directors have resolved to obtain the loan they have acted in accordance with the company's constitution.
C. The loan is void as Dee Ltd has acted ultra virus.
D. As the directors have exceeded their authority, the bank cannot enforce the loan against Dee Ltd.
Answer: A

NEW QUESTION: 3
Control Costs is concerned with:
A. Chart of accounts
B. Organizational policies
C. Resource rates
D. Managing changes when they occur
Answer: D
Explanation:
Control Costs is concerned with Managing changes when they occur

NEW QUESTION: 4
Regarding a proper Threat Emulation sizing for an environment with 1000 users for web and email traffic which assumptions are correct?
1. 2000 unique files per day within SMTP/S
2. 2500 unique files per day within HTTP/S
3. 7000 unique files per day within SMTP/S
4. 5000 unique files per day within HTTP/s
A. 2 and 3 are correct
B. 1 and 4 are correct
C. 1 and 2 are correctB. 1 and 3 are correct
Answer: C