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NEW QUESTION: 1
What poses the greatest money laundering risk for a financial institution offering on-line services to customers?
A. There is a lack of human review of the customer's transactions
B. Customers have direct access to their accounts without being detected
C. Institutions offering on-line services have no possibility to properly verigy the identity of theircustomers
D. There is a greater difficulty in matching the customer with the procided identificationdocumentation
Answer: D

NEW QUESTION: 2
A customer wants to acquire a server that can run Linux. The customer is interested in the active memory
mirroring feature for the hypervisor.
Which of the following offers the best price/performance option for the customer?
A. S824 with two IFLs
B. S824L with two IFLs
C. E850 with two IFLs
D. E870 with two IFLs
Answer: A

NEW QUESTION: 3
A startup virtual currency exchange has registered as a money services business and will commence operations in six months. The company will provide digital wallets to customers to hold their virtual currency after purchase. Customers will have the option to conduct purchases of the virtual currency and transfer the currency to and from the digital wallet. The startup must develop an anti-money laundering compliance program prior to launch.
Which two anti-money laundering responsibilities should be considered before business launch? (Choose two.)
A. Employees to handle complaints in a timely fashion
B. Mechanisms to monitor and protect customers' digital wallets from cyber-attacks
C. A customer onboarding process
D. Transaction limits consistent with risk appetite
Answer: B,D

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