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NEW QUESTION: 1
A bank maintains a number of United States (U.S.) dollar correspondent accounts for foreign financial institutions. Upon a routine review of a U.S. dollar correspondent account owned by Foreign Bank A, a number of transactions appear to have been originated by Foreign Bank B outside the expected activity for this account. These transactions appear suspicious and a suspicious transaction report was filed by the compliance officer.
Which step should the compliance officer take?
A. File a report with the appropriate tax authorities in the jurisdictions of Foreign Bank A and Foreign Bank B
B. Notify other U.S. financial institutions who maintain U.S. dollar correspondent accounts for Foreign Bank A and Foreign Bank B in an effort to shut down the activity
C. Notify Foreign Bank A of the discovery and seek documentation supporting Foreign Bank A was collusive and a willing partner with Foreign Bank B in the activity
D. Notify senior management of the money laundering risks by allowing Foreign Bank A to maintain its U.S. dollar correspondent account
Answer: C

NEW QUESTION: 2
You are the Test Manager of a project that adopts a V-model with four formal levels of testing: unit, integration, system and acceptance testing.
On this project reviews have been conducted for each development phase prior to testing, which is to say that reviews of requirements, functional specification, high-level design, low-level design and code have been performed prior to testing.
Assume that no requirements defects have been reported after the release of the product.
Which TWO of the following metrics do you need in order to evaluate the requirements reviews in terms of phase containment effectiveness?
Number of correct responses: 2
A. Total number of defects attributable to requirements, found during functional specification review, high-level design review, low-level design review, code review, unit testing, integration testing, system testing and acceptance testing
B. Time to conduct the requirements review
C. Total number of defects found during functional specification review, high-level design review, low-level design review, code review, unit testing, integration testing, system testing and acceptance testing
D. Number of defects found during the requirements review
E. Total number of defects attributable to requirements found during unit, integration, system and acceptance testing
Answer: A,D

NEW QUESTION: 3
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B. Option B
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