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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

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XZYY, Inc. currently has an issue of bonds outstanding that will mature in 31 years. The bonds have a face value of $1,000 and a
Mamont248 [21]

Answer:

7.31%

Explanation:

The question is pointing at the bond's yield to maturity.

The yield to maturity can be computed using the rate formula in excel as provided below:

=rate(nper,pmt,-pv,fv)

nper is the number of times the bond would pay annual coupons which is 31

pmt is the annual coupon payment i.e $1000*8.0%=$80.00

pv is the current price of the bond which is $1,084

fv is the face value of the bond which is $1,000

=rate(31,80,-1084,1000)=7.31%

The yield to maturity is 7.31%

That is the annual rate of return for an investor that holds the bond till maturity.

3 0
3 years ago
Identify five entrepreneurial qualities that have contributed to the success of his/her business .justify your answer
statuscvo [17]

The entrepreneurial qualities that helps any businessman to be successful in his or her business are as follows:

1) The quality of goods and services should be maintained.

2) The information regarding the product needs to be disseminated to the public.

3) Finance and funding should be taken care of to avoid illegal profits and bankruptcy.

4) True and fair means of practices should be followed.

5) The entrepreneur should be accountable and responsible for the services provided by him.

5 0
3 years ago
Scenario: Economic hardship has befallen the country after a world war in the year 2055. Thankfully, we are victors. However the
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8 0
2 years ago
Purchases Journal The following purchase transactions occurred during March for Rehoboth, Inc.:
gtnhenbr [62]

Answer:

See the explanation section.

Explanation:

Mar. 4    Cleaning supplies debit = $77

Accounts payable - Health-Rite Supplies credit = $77

<em>To record the purchase of supplies.</em>

Mar. 19   Office equipment Debit = $3,750

Accounts payable - office Warehouse Credit = $3,750

<em>To record the purchase of office equipment on account.</em>

Mar. 23   Cleaning supplies Debit = $224

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<em>To record the purchase of supplies.</em>

3 0
3 years ago
Which is true about what a customer typically expects from a support technician?
vodomira [7]
<span>A customer expects a support technician to be knowledgeable, patient, and friendly. The support technician must be knowledgeable to the degree that they solve the issue at hand, but can also give basic information to a customer.</span>
3 0
3 years ago
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