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82. Assume you have the following facts about a local government. Determine the Debt Limit Exhausted ratio and indicate the positive/negative trend for the
82. Assume you have the following facts about a local government. Determine the Debt Limit Exhausted ratio and indicate the positive/negative trend for the ratio in general. (All numbers are in millions.) Debt Limit $90 Tax Levy $250 Tax Limit $260 Total Debt subject to Limit $85 a. 104%; negative trend: percentage increases over time. b. 96.2%; positive trend: percentage decreases over time. c. 95.7%; positive trend: percentage increases over time. d. 94.4%; negative trend: percentage increases over time. 93. To try to avoid detection by law enforcement authorities and CTR filings by banking employees, money launderers will, in many situations, only deposit cash and send money by transfer that is: a. $50 or less. b. Less than $10,000. c. Less than $100,000. d. Always exactly $3,000. 99. One of the most important legislative acts restricting the activities of money launderers in recent decades is the: a. Bank Secrecy Act. b. Currency Transportation Act. c. International Money Laundering Abatement and Financial Anti-Terrorism Act of 2001 which is part of the USA Patriot Act. d. Bankers' Money Laundering Act. K
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