32.One of the main challenges for examiners in complex fraud and financial crimesinvestigations is to ________________________________.

a.Avoid becoming a target of organized crime rings

b.Isolate the illicit activities from the legitimate activities

c.Identify specific internal controls failed to prevent it

d.Identify the true beneficial owners of shell companies

33.The USA Patriot Act prohibits U.S. financial institutions from allowing correspondent account transactions with __________________.

a.Banks located in countries on the FCPA watchlist

b.Offshore banks

c.Shell banks

d.Money Service Businesses (MSBs)

34.____________ is the act of engaging in criminal activity as a structured group, andindividuals in organized criminal organizations are often prosecuted for it under RICO. a.Racketeering

b.Collusion

c.Predation

d.Organized crime

35._________________ is, essentially, any activity designed to hide the nature, location, source, ownership, or control of proceeds used for, or derived from, criminal activity. Any time an examiner sees evidence consistent with this definition, a money laundering issue may exist.

a.Conversion

b.Concealment

c.Organized crime

d.Money laundering

36.The process of laundering money relies upon movement and takes place in threedistinction stages:

a.Depositing, structuring, withdrawing

b.Non-shareable pressure, opportunity, rationalization

c.Placement, layering, integration

d.The act, concealment, conversion

37.From the perpetrators perspective, the main issue with ____________ is ensuring that the source of the money and transaction itself appear to be legitimate.

a.Placement

b.Integration

c.Concealment

d.Collusion