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402 Practice Questions
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NEW QUESTION: 1
The Bank Secrecy Act (BSA) requires any financial institution to:
I. file a suspicious activity report (SAR) when a possible violation of a law is suspected.
II. inform its customer that it is filing the SAR.
III. provide any customer that is suspected of engaging in an illegal transaction the opportunity to explain
himself prior to filing an SAR.
IV. obtain specified information on any party sending or receiving a wire transfer of $3,000 or more.
A. I and IV only
B. I, II, and IV only
C. I, II, III and IV
D. I and II only
Answer: A
Explanation:
Only Selections I and IV are accurate statements. The BSA requires any financial institution
to file a suspicious activity report when a possible violation of the law is suspected, and it also requires
that specified information on any party sending or receiving a wire transfer of $3,000 or more be obtained
and kept. The customer remains uninformed.
NEW QUESTION: 2
For each of the following statements, select Yes if the statement is true. Otherwise, select No.
NOTE: Each correct selection is worth one point.
Answer:
Explanation:
NEW QUESTION: 3
Your organization has deployed two Microsoft Dynamics CRM 2016 organizations, one as a production environment and one as a development environment.
You need to access both organizations with Microsoft Dynamics CRM for Outlook client to ensure all functionality works as designed.
How can you configure access to the two organization?
A. Microsoft Dynamics CRM for Outlook does not support multiple organizations. You need two separate computers to be able to connect both organizations.
B. Microsoft Dynamics CRM for Outlook supports multiple organizations and both organizations can be configured for offline access.
C. Microsoft Dynamics CRM for Outlook supports multiple organizations but only one can be configured for offline access.
D. Microsoft Dynamics CRM for Outlook supports multiple organizations but Offline mode is only available when only one organization has been configured.
Answer: C
NEW QUESTION: 4
What is the FTP-Put Files command do?
A. Transfer file(s) from one folder to a different folder on an FTP/SFTP server
B. Upload file(s) from the local system to an FTP/SFTP server
C. Download file(s) from the FTP/SFTP server to local system
D. Transfer file(s) from one folder to a different folder on a local system
Answer: B
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A: Reach out to us here 402 FAQ and drop a message in the comment section with any questions you have related to the 402 Exam or our content. One of our moderators will assist you.
402 Exam Info
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402 Exam Topics
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402 Offcial Page
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