Fiu Study guides, Class notes & Summaries

2024 |COT 3100 |Discrete Structures| Midterm Exam complete pre-exam actual update Florida International University 1b: Divisibility (5pts) For the following divisibility relations, indicate whether each one is true or false (that is, for a|b, whether a divides b). If so, give the integer k that relates the two numbers, as described in the definition of divisibility 2 | 8 3 | 11 45 | 1440 40 | 4000 53 | 4000 True, k = 4 False True, k = 32 True, k = 100 False

2023 ACAMS Practice Questions and 100% Correct Answers Identify the seven topics of international incorporated into the FATF 40 recommendations in 2012? - CORRECT ANSWER-AML/CFT policies & procedures. Money Laundering & confiscation. Terrorist financing & financing of proliferation. Financial & non-financial institution preventative measures. Transparency & beneficial ownership of legal persons & arrangements. Powers & responsibilities of competent authorities & other institutional me...

Moneyval - Answer-Council of European committee of Experts on the Evaluation of AML measures and the Financing of Terrorism GAFISUD - Answer-Financial Action Task Force on Money Laundering in South America MENAFATF - Answer-Middle East and North Africa Financial Action Task Force EAG - Answer-EurAsian Group GIABA - Answer-Intergovernmental Action Group against Money Laundering in Africa Why is 'refining' critical to a money launderer's efforts? - Answer-If one needs to transport currenc...

Identify the seven topics of international incorporated into the FATF 40 recommendations in 2012? AML/CFT policies & procedures. Money Laundering & confiscation. Terrorist financing & financing of proliferation. Financial & non-financial institution preventative measures. Transparency & beneficial ownership of legal persons & arrangements. Powers & responsibilities of competent authorities & other institutional measures. International cooperation. According to the Egmont Group, What is...

Practice Test 2023 (ACAMS) Define a red flag. - CORRECT ANSWER-A warning signal that should bring attention to a potentially suspicious situation, transaction or activity. Define willful blindness. - CORRECT ANSWER-A legal principle that operates in money laundering cases in the U.S. and is defined by courts as the "deliberate avoidance of knowledge of the facts" or purposeful indifference. Courts have held that willful blindness is the equivalent of actual knowledge of the illegal s...

According to the Egmont Group, What is the definition of a Financial Intelligence Unit (FIU)? - ANSWER-A central, national agency responsible for receiving & permitted, requesting, analyzing & disseminating to the competent authorities, disclosures of financial information, Concerning suspected proceeds of crime & potential financing of terrorism, Required by national legislation or regulation in order to combat money laundering & terrorism financing. According to the Wolfberg Anti-Money Laun...

ACAMS Exam Review 2023 Define "smurfing." - The use of multiple individuals and/or transactions for making cash deposits, buying monetary transactions or banks drafts in amounts under the reporting threshold. (NB: Some equate this term with structuring) What are the sections of the USA PATRIOT Act pertaining to AML due diligence? - *Section 312* -- Requirement that institutions create risk-based due diligence programs *Section 313* -- Prohibits US financial institutions from dealing wi...

What are three indicators of money laundering associated with using electronic funds transfers? - Answer-Funds transfers to or from financial secrecy haven without an apparent business reason. Funds transfers are received or sent from the same person to or from different accounts. Payments or receipts with no apparent link to legitimate contract goods or services On who does the ultimate responsibility for an institution's anti-money laundering program rest? - Answer-FI board of directors....

Parasitology is the study of the most common mode of life on earth, which is centered on? Ans Animal Parasites Phoresis Ans "to carry" Protocooperation Ans mutually beneficial relationship between organisms in which the interaction is not physiologically necessary for survival Which of the following is not a characteristic of protocooperation? Ans a. symbiotic interaction b. mutually beneficial *c. physiologically necessary* Which of the following is not a characteristic of m...

Identify the seven topics of international incorporated into the FATF 40 recommendations in 2012? - AML/CFT policies & procedures. Money Laundering & confiscation. Terrorist financing & financing of proliferation. Financial & non-financial institution preventative measures. Transparency & beneficial ownership of legal persons & arrangements. Powers & responsibilities of competent authorities & other institutional measures. International cooperation. According to the Egmont Group, Wh...