Asset confiscation Study guides, Class notes & Summaries

CGSS Vocab Test Questions and Answers 100% Solved Asset Anything an individual or legal entity owns that has a monetary value. Fixed assets Those items, such as buildings and equipment that will be used over a period of time Current Assets Include raw materials, cash, and any money other parties owe to the individual or legal entity Asset Blocking The practice of removing an individual or legal entity's access to assets during or as the result of an investigation into a sanctions vi...

Stage 13: Assest management/end of life The procurement professional should evaluate whether the need is still current. If it is and unchanged, the procurement cycle process commences again but from a different stage as the need is already known and understood. If the need is not required the buyer should manage the end of life by reducing stock levels and informing the supplier Anti-bribery procedures -Proportionate procedures: should be in line with the ype of bribery risk and scale tha...

CGSS Vocab Test Questions and Answers 100% Solved Asset Anything an individual or legal entity owns that has a monetary value. Fixed assets Those items, such as buildings and equipment that will be used over a period of time Current Assets Include raw materials, cash, and any money other parties owe to the individual or legal entity Asset Blocking The practice of removing an individual or legal entity's access to assets during or as the result of an investigation into a sanctions vi...

CGSS Exam Questions With 100% Correct Answers | Verified | Updated 2024

ACAMS Exam 344 Questions with Verified Answers 2 ways remittance services can foster ML - CORRECT ANSWER • Packages containing large cash sums and even drugs anonymously. • Another technique commonly used by money remitters and currency exchanges is for the broker to make the funds available to the criminal organization at the destination country in the local currency. 2 Ways to launder money in Real Estate - CORRECT ANSWER • By way of chain transactions in real estate to cloak th...

CPA Exam Review Questions Financial Accounting & Reporting (FAR)correctly answered 2023Which of the following is not a comprehensive basis of accounting other than generally accepted accounting principles? A. Basis of accounting used by an entity to comply with the financial reporting requirements of a government regulatory agency B. Cash receipts and disbursements basis of accounting C. Basis of accounting used by an entity to file its income tax return D. Basis of accounting used b...

ACAMS Exam 65 Questions with Verified Answers 1) Gold is an extremely attractive vehicle for laundering because it is relatively compact and easy to transport 2) the gold market is a target for criminal activity because it is lucrative and holds its value regardless of the form it takes - CORRECT ANSWER Name two key findings by FATF in its report on "Money Laundering/Terrorist Financing Risks...Associated with Gold" (2015) Casinos Real estate agents Lawyers, accountants, and notarie...

Accounting 1301 Chapter 1-4 Review questions and answers 100% correct A limited liability company may choose to be taxed as a partnership or corporation. True Accounting is called: the language of business Generally accepted accounting principles are not needed to ensure that financial information is fairly presented in the operating results and financial positions of firms. False- They are needed All of the following are goals of internal control except: encourage nonc...

ACAMS Exam 344 Questions with Verified Answers 2 ways remittance services can foster ML - CORRECT ANSWER • Packages containing large cash sums and even drugs anonymously. • Another technique commonly used by money remitters and currency exchanges is for the broker to make the funds available to the criminal organization at the destination country in the local currency. 2 Ways to launder money in Real Estate - CORRECT ANSWER • By way of chain transactions in real estate to cloak th...

ACAMS Exam 213 Questions with Verified Answers Bank Draft - CORRECT ANSWER Vulnerable to money laundering because it represents a reputable international monetary instrument drawn on a reputable institution, and is often made payable-in cash-upon presentation and at the issuing institution's account in another country. Bank for International Settlements (BIS) - CORRECT ANSWER AN international organization that serves as a bank for central banks and which fosters international monetary a...