1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
madreJ [45]
2 years ago
9

Why does Staples participate in Anti-Money Laundering Compliance?

Business
1 answer:
Temka [501]2 years ago
4 0

The main reason why Staples participates in <em>Anti-Money Laundering Compliance </em>is to prevent illegal activity and terrorism

Based on the given question, we can see that money laundering is a federal offense which is punishable by law and is aimed at preventing money fraud whereby large sums of (illegal) money are <em>moved </em>from one place to another, usually to finance other illegal activities.

With this in mind, Staples which is a US Online Store which sells business essentials such as computers, printing services, etc engage in the <em>Anti-Money Laundering Compliance</em> so as to prevent illegal activity and terrorism

Therefore, the correct answer is option B

Read more about money laundering here:

brainly.com/question/2588568

You might be interested in
KaiLynn has total job benefits of $41,000 per year in her sales job. She pays $63 each month for a cell phone for work. She is a
alukav5142 [94]

Answer: a. $39,304

Explanation:

Let us begin by calculating the yearly phone bill.

$63 per month so that is

= 63*12

= $756

A total of $756 per year is spent on the company phone.

Kailynn buys 4 sample kits at $235 per kit.

= 235*4

= $940 in total for the kits last year.

Add the two figures to get her total expenditure from the company.

=940+756

= $1696

Subtract this from her total job benefits,

=$41,000 - $1696

= $39,304

$39,304 was her total employment compensation.

7 0
3 years ago
Quarter Real GDP (billions of dollars) Long-Run Trend of Real GDP (billions of dollars) 1 4,000 4,000 2 4,160 4,120 3 4,326 4,24
bekas [8.4K]

Answer:

6%

Explanation:

As per given data

Quarter     Real GDP ($billions)     Long-Run Trend of Real GDP ($billions)

   1                      4,000                                   4,000

   2                     4,160                                    4,120

   3                     4,326                                    4,244

   4                     4,413                                    4,371

   5                     4,501                                    4,502

   6                     4,591                                    4,637

   7                     4,499                                    4,776

   8                     4,409                                    4,919

   9                     4,673                                    5,067

   10                    4,954                                    5,219

   11                     5,252                                    5,376

   12                    5,376                                    5,537

Growth of GDP = (DGP of Current/recent period - GDP of Prior period) / DGP of Prior period

In this question prior period is quarter 10 and current /recent period is quarter 11.

So, formula will be

Growth of GDP = (DGP of quarter 11 - GDP of quarter 10) / GDP of quarter 10

As we need to calculate the real GDP growth the formula will be as follow

Growth of real GDP = (Real DGP of quarter 11 - Real GDP of quarter 10) / Real GDP of quarter 10

Growth of real GDP = ($5,252 billion - $4,954 billion) / $4,954 billion

Growth of real GDP = $298 billion / $4,954 billion

Growth of real GDP = 6.02% = 6%

3 0
3 years ago
Cullumber Company received proceeds of $1176000 on 10-year, 6% bonds issued on January 1, 2019. The bonds had a face value of $1
Alik [6]

Answer:

$74,880

Explanation:

The computation of the amount of interest Cullumber must pay the bondholders is shown below:

= Face value of the bond × interest rate

where,

Face value of the bond is $1,248,000

And the interest rate is 6%

So, the amount of interest paid is

= $1,248,000 × 6%

= $74,880

We simply multiplied the face value of the bond with the interest rate so that the amount of interest expense could come

6 0
2 years ago
Your friend, Suzie Whitson, has designed a new type of outdoor toy that helps children learn basic concepts such as colors, numb
tankabanditka [31]

Answer:

The instructions are listed below

Explanation:

- Direct materials are those materials and supplies that are consumed during the manufacture of a product, and which are directly identified with that product.

- Direct labor is production or services labor that is assigned to a specific product, cost center, or work order.  

- Manufacturing overhead refers to indirect factory-related costs that are incurred when a product is manufactured.

- Period costs are not directly tied to the production process. Overhead or sales, general, and administrative (SG&A) costs are considered period costs. SG&A includes costs of the corporate office, selling, marketing, and the overall administration of company business.

- Product costs are the direct costs involved in producing a product. A manufacturer, for example, would have production costs that include: Direct labor, Raw materials, Manufacturing supplies, Overhead that's directly tied to the production facility such as electricity.

Giving the following information:

Factory rent $ 3,110: Product - MOH

Company advertising 1,070: Period

Wages paid to assembly workers 31,700: Product - DL

Depreciation for salespersons’ vehicles 2,150: Period

Screws 560: Product - DM

Utilities for factory 820: Product - MOH

Assembly supervisor’s salary 3,600: Product - MOH

Sandpaper 195: Product - MOH

President’s salary 5,180: Period

Plastic tubing 4,130: Product - MOH

Paint 210: Product - DM

Sales commissions 1,310: Period

Factory insurance 1,120: Product - MOH

Depreciation on cutting machines 2,120: Product - MOH

Wages paid to painters 7,500: Product - DL

3 0
3 years ago
Emerson Enterprises is constructing a building. Construction began in 2018 and the building was completed on December​ 31, 2018.
kirill115 [55]

Answer:

Explanation:

$1,050,000

5 0
3 years ago
Other questions:
  • What is required to have a legally valid contract?
    7·2 answers
  • Eric is an inventory manager at a garment manufacturing firm. How should he plan the ordering of inventory? A. He should order l
    10·1 answer
  • What's the correct answer? I'll give brainliest
    8·2 answers
  • What is a good college if i were to be an actor
    12·1 answer
  • A(n) _______________ strategy is a competitive strategy by which a firm develops unique products or services from those of its c
    5·1 answer
  • The following selected transaction were completed by gourmet company during January of the current year:
    10·1 answer
  • A person buys X in one market and combines it with Y purchased in another market. The combination of X and Y gives Z, which the
    5·1 answer
  • The following information is for Punta Company for July: Factory overhead costs were applied to jobs at the predetermined rate o
    13·1 answer
  • Results Of<br>Distinguish between Single Entry System and Double Entry System accounts<br><br>​
    7·1 answer
  • What are the main issues to be addressed in a business code of ethics required by the Securities and Exchange Commission
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!