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AML

nasbd2000 10 questions

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Questions in this quiz (10)

  1. 1What is money laundering
    1. AMoney laundering can be referred to as a means of hiding the proceeds of crime
    2. BMoney laundering can be referred to as a means of committing crimes
    3. CMoney laundering can be referred to as a means of Gambling
    4. DMoney laundering can be referred to as a means of hiding victims of crime
  2. 2which option best describes the money laundering process?
    1. Aplacement, layering,integration
    2. Blayering,placement ,integration
    3. Cintegration,layering,placement
    4. Dplacement, layering,investment
  3. 3which option best describes the money laundering process?
    1. Aplacement, layering,integration
    2. Blayering,placement ,integration
    3. Cintegration,layering,placement
    4. Dplacement, layering,investment
  4. 4which of these options describes a money laundering scheme/technique?
    1. ASmurfing
    2. Billegal Cash importation
    3. CCash structuring
    4. DUse of mules
  5. 5Which one of these options is not a predicate offense to money laundering?
    1. ATax evasion
    2. BDrugs smuggling
    3. CHuman trafficking

    4. DVandalism
  6. 6Which one of these options is not a predicate offense to money laundering?
    1. ATax evasion
    2. BDrugs smuggling
    3. CHuman trafficking

    4. DVandalism
  7. 7The source for terrorism financing can be both from legal as well as illegal sources
    1. ATrue
    2. BFalse
  8. 8The difference between money laundering and terrorist financing is that the source of funds for money laundering can only be from proceeds of crime while terrorist financing can be from both legal and illegal sources
    1. ATrue
    2. BFalse
  9. 9Which one of these institutions is vulnerable to money laundering
    1. ANon-Governmental Organizations (NGOs)
    2. BBanks

    3. CMoney service business
    4. DAll of the above
  10. 10Which of these law(s) and regulation support the fight on AML/CFT in Nigeria
    1. AMoney Laundering Prohibition Act,2011
    2. BCentral Bank of Nigeria AML/CFT regulations
    3. CBOFIA 2004

    4. DAll of the above

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Description
Basic Aml quiz
Author
nasbd2000
Language
English
Views
185
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