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velikii [3]
2 years ago
15

If an adviser is suspicious about a customer's account activity and believes that there may be illegal activity, then the advise

r:_____.
Business
1 answer:
Simora [160]2 years ago
3 0

Then the advisor must file a suspicious activity report (SAR) with Financial Crimes Enforcement Network (FinCEN).

SAR- When there is a suspected case of money laundering or fraud, financial institutions and those associated with their business must file a Suspicious Activity Report (SAR) with the Financial Crimes Enforcement Network (FinCEN). These reports are tools for monitoring any activity in the finance-related industries that is deemed unusual, a precursor to illegal activity, or may endanger public safety.

FinCEN- The Financial Crimes Enforcement Network is a U.S. Department of Treasury bureau that collects and analyzes financial transaction data in order to combat domestic and international money laundering, terrorist financing, and other financial crimes.

Learn more about suspicious activity report (SAR) here:

brainly.com/question/14327924

#SPJ4

You might be interested in
Which is an example of an economic factor that affects the business environment
lidiya [134]
Here are a couple of things hope they help

<span>1.)  Interest rates
</span><span>2.) Taxes Inflation
</span><span><span>3.) </span>Currency
</span><span>4.) exchange rates
</span><span>5.) Consumer discretionary income
</span><span>6.) Savings rates
</span><span>7.) Consumer confidence levels
</span><span>8.) Unemployment rate
</span><span>9.) Recession
</span><span><span>10.)</span> Depression </span>










5 0
3 years ago
A vendor raises the cost of materials you planned to order, and the increased cost will put your project over budget. Which shou
artcher [175]

Answer:

A. Review the budget to identify other areas where costs can be cut.

Explanation:

In the case when the vendor increased the material cost that planned and the increased cost would also be placed in your project i.e. over budgeted so the first thing you should do is review the budget by identifying the areas where the cost cutting to be done

Therefore as per the given situation, the option A is correct

And, the rest of the options are incorrect

3 0
3 years ago
True or False: Potential customers and non-potential customers are mixed together in the marketplace, so it is impossible to ens
Jobisdone [24]

The marketplace is full of both potential and non-potential customers which makes this statement <u>True</u>.

<h3>Are both potential and non-potential customers in the market?</h3>

The market does indeed have both potential customers for a product and non-potential customers who would not want to buy the product.

As a result, it is not possible to directly market to only potential customers, but to the entire marketplace.

Find out more on potential customers at brainly.com/question/3053467.

#SPJ1

3 0
2 years ago
Yasmin listed a house at a 6% commission rate, and it just sold for $463,500. Her brokerage and the buyer’s agent’s brokerage sp
AVprozaik [17]

Answer:

$8,343

Explanation:

Calculation to determine How much did Yasmin earn from this transaction

First step to calculate the Total commission from sale

Total commission from sale= ($463,500 × 0.06)

Total commission from sale=$27,810

Second step is to calculate Yasmin's firm's share

Yasmin's firm's share= ($27,810 ÷ 2)

Yasmin's firm's share=$13,905

Now let calculate How much did Yasmin earn from this transaction

Yasmin's Earning = ($13,905 × 0.60)

Yasmin's Earning=$8,343

Therefore the amount that Yasmin earn from this transaction is $8,343

6 0
3 years ago
Kirk Furniture factors $800000 of receivables to Sulu Factors, Inc. Sulu Factors assesses a 4% service charge on the amount of r
Simora [160]

Answer:

Explanation:

The journal entry is shown below:

Cash A/c Dr $768,000

Service Charge Expense A/c $32,000

         To Accounts Receivable A/c $800,000

(Being the cash is received and the remaining balance is debited to the cash account )

The computation of the service charge expense is shown below:

= Accounts Receivable  × service charge percentage

= $800,000 × 4%

= $32,000

6 0
4 years ago
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