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NEW QUESTION: 1
An audit completed the previous week revealed that a private banking customer submitted incomplete documents when establishing an account earlier m the year. The customer received weekly electronic fund transfers from a narcotic-producing jurisdiction. While the relationship manager who opened the account is on leave for 5 weeks, the customer requests that the institution remit a substantial sum to a country that represents a high risk of money laundering. The relationship manager is a friend of the anti-money laundering specialist. What should the anti-money laundering officer do first?
A. Postpone the follow-up on the audit finding
B. File a suspicious transaction report with the competent authority
C. Suspend the transfer until the relationship manager returns
D. Investigate the transfer of funds
Answer: B
NEW QUESTION: 2
이 오류로 인해 Deg-ember 31. 4 학년 말에보고 된 이익은 다음과 같습니다.
A. 미화 65,000 달러로 과대 평가되었습니다.
B. 미화 $ 45,000.
C. 미화 72,000 달러로 과장되어 있다.
D. 미화 28,000 달러.
Answer: A
Explanation:
The effect of the understatement of the Year 3 year-end inventory beginning inventory for Year 4) was to overstate Year 4 profit by US $40,000. The reason is that beginning inventory is a component of cost of sales. The overstatement of the December 3 1, Year
4. Inventory overstated Year 4 net income by US $15,000 because the amounts in ending inventory are excluded from cost of sales. The understatement of Year 3 depreciation expense a nominal account) has no effect on Year 4 net income. Finally, the failure to accrue US $10,000 of expenses for Year 4 overstated Year 4 net income. The net effect of these Err-ors was a US $65,000$40,000 + $15,000 + $0 + $10,000) overstatement.
An audit of an entity has revealed the following four errors that have occurred but have not been corrected:
1.Inventory at December 31, Year 3: US $40,000, understated
2.Inventory at December 31. Year 4: US $15,000. overstated
3.Depreciation Ur Year 3: US $7,000. understated
4.Accrued expenses at December 31, Year 4: US $10,000, understated
NEW QUESTION: 3
A. Option C
B. Option F
C. Option A
D. Option D
E. Option B
F. Option E
Answer: A,B,C
Explanation:
AC (not E):
The md_restore command allows you to restore a disk group from the metadata created by the
md_backup command.
md_restore can't restore data, only metadata.
