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NEW QUESTION: 1
Bob Jones, president of ACME bank, has had a banking relationship with Linda O'Reilly, a
local real estate agent
for
several years. Ms. O'Reilly keeps most of her deposit accounts with ACME and also has had several personal loans there. Over a three-month time period, Ms. O'Reilly consistently (two or three times a week) brings to the bank a series of money orders in amounts ranging from $7,000 to $15,000, made payable to her in denominations of $1,000, and asks the teller to take them and issue one cashier's check payable to her. After this activity has continued for three months, Mr. Jones notices the frequency of cashier's checks issued to Ms. O'Reilly on a management report. It catches his attention because he does not know why Ms. O'Reilly would need this number of cashier's checks. On inquiry, the head teller explains the weekly transactions. Which of the following statements best describes Mr. Jones's responsibility?
A. He should immediately file a SAR. There is no logical explanation for this activity.
B. He should immediately file a CTR. Ms. O'Reilly is trying to evade the BSA currency transaction.
C. He is not required to do anything. Mr. Jones is well acquainted with this customer, and it is not illegal to purchase cashier's checks.
D. He should ask Ms. O'Reilly why she
is conducting these
transactions and then determine whether to file a SAR.
Answer: D

NEW QUESTION: 2
You are planning to move your configurations from the staging environment to the production environment.
Which task must you not include?
A. Export and Import reports by using the archive/unarchive function.
B. Move Calendar, Business Units, List of Values, and Profile Options by using FSM.
C. Clone custom objects in Application Composer
D. Export Compensation Plans to XML
Answer: C

NEW QUESTION: 3
Why would you use Rebuild over Recalc in an Active Form?
A. When metadata is added to the TM1 model that must be displayed on the row
B. When a leaf element is added to a consolidated element of a report
C. When a conditional format on a report changes
D. When data changes along the rows of a report
Answer: A