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NEW QUESTION: 1
Which of the following is a major advantage of decentralized organizations, compared to centralized organizations?
A. Decentralized organizations streamline organizational structure.
B. Decentralized organizations are more focused on organizational goals.
C. Decentralized organizations tend to be less expensive to operate.
D. Decentralized organizations tend to be more responsive to market changes.
Answer: D

NEW QUESTION: 2

A. Option D
B. Option C
C. Option A
D. Option B
Answer: B

NEW QUESTION: 3
After an institution files an STR with regard to a particular account, a law enforcement agent requests the institution to keep the account open until advised otherwise by law enforcement.
What steps should the institution take?
A. The institution should request a written letter from the law enforcement (agency signed by an appropriate authorized signature)
B. The institution should follow the request of the law enforcement agent and keep the account open
C. The institution should close the account in order not to be caught in the middle of a law enforcement investigation
D. The institution should keep the account open only if doing so comports with the bank's own AML procedures
Answer: A