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lilavasa [31]
3 years ago
13

Which products are considered "covered products" by the Treasury Department and are subject to anti-money regulations?

Business
1 answer:
AURORKA [14]3 years ago
5 0

Answer:

B) C and D

  • C. Whole life insurance
  • D. Annuities

Explanation:

Anti-Money Laundering (AML) regulations identified the following insurance products as covered products:

  • Permanent life insurance policy, other than a group and term life insurance policy
  • An annuity contract, other than a group annuity contract
  • Any other insurance product with features of cash value or investment.

The AML's main goal is detect and stop terrorist financing.

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In a word document, conduct a cost-benefit analysis where you write all of the costs (monetary and non-monetary) and compare the
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Why are social security and medicare considered highly efficient programs? multiple choice they are administered at the local le
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Use the information below for Jensen Company to answer the question that follow. Direct materials used $345,000 Direct labor inc
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Jensen Company

Direct materials used $345,000

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Therefore Jensen Company's product costs is $995,000

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