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Studentka2010 [4]
3 years ago
12

The ""Know They Customer"" program: a. is a federal program directed at commercial bribery prevention. b. is a federal program r

elated to detecting money laundering. c. is an unconstitutional federal program. d. both a and c
Business
1 answer:
Serga [27]3 years ago
4 0

Answer: B. A federal program aimed at detecting money laundering

Explanation: with rising corruption issues, financing of terrorism and money laundering becoming so prevalent the Know Your Customer program was initiated to help combat these issues. It is a process by which banks obtain personal information about the identity and address of its customers. In this, banks are prevented from being used to service money laundering activities while also enabling them better understand their customers, monitor their financial dealings thus, assisting them in serving their customers better and manage its risks wisely.

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In february, when paula, the manager of a landscaping company, is modifying worker schedules to handle the expected increase in
Darya [45]
I think she is involved with: Managing

Any form of action that is being done to control a group of employees to achieve organizational goals could be considered as Managerial Actions.
When modifying worker's schedule, Paula basically created an effort to make sure the company achieves the required deadline.
4 0
3 years ago
________ is shown on a multiple-step but not on a single-step income statement.
puteri [66]

Answer:

Cost of goods sold.

6 0
2 years ago
Karen Smith bought Coca-Cola stock for $475 on March 31, 20X1. On November 15, 20X1, Karen received a non-taxable distribution o
Murrr4er [49]

Answer:

$20 loss

Explanation:

Karen Smith bought a coca-cola stock for $475 in March 31, 20X1

She received a non taxable distribution of $155 on November 15, 20X1

The first step is to calculate the adjusted basis

= $475-$155

= $320

Karen sold the stock for $300 on December 22, 20X1

Therefore, her gain or loss on the sale can be calculated as follows

= $300-$320

= $20 loss

Hence Karen has a loss of $20 on the sale

7 0
3 years ago
The Box Manufacturing Division of the Allied Paper Company reported the following results from the past year. Shareholders requi
Galina-37 [17]

Answer:

Return n investment = 11.67%

Explanation:

Return on Investment is the proportion investment that is earned as operating income.

For the division, the return on investment would be the proportion of te investment in assets that is earned as  net income.

This would be determined as follows;

Return n investment = (Net income÷ Operating assets) × 100

Return n investment = (175,000   ÷ 1,500,000) × 100= 11.67%

Return n investment = 11.67%

3 0
3 years ago
Harvey, a u.s. taxpayer, purchased 10 shares of mvc stock for $100 per share; one year later he sold the 10 shares for $130 a sh
Nonamiya [84]
<span>Harvey purchased 10 shares of mvc stock for = $100 per share
</span><span>one year later he sold the 10 shares for = $130 a share
</span>The price level increased in a year from = 140 to 147
<span>harvey's before-tax real capital gain =
</span><span>$1,300 - $1,000(1.05) but he is to report a $300 gain on his income tax</span>
5 0
3 years ago
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