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NEW QUESTION: 1
Which three statements are true about on-line banking offering a significant money laundering risk to a financial institution?
A. The ease of access through the internet enables cross border movement of funds
B. Due to client confidentiality, information collected on-line cannot be shared with law enforcement agencies on mere suspicion
C. The nature of on-line banking can make it difficult to establish who is controlling the account
D. The speed of electronic transaction enables execution of multiple complex transactions within short time frame
Answer: A,C,D

NEW QUESTION: 2
You want to specify Intercompany System Options. Which three factors should you consider? (Choose three.)
A. the approvers who will approve intercompany transactions
B. automatic or manual batch numbering and the minimum transaction amount
C. whether to allow receivers to reject intercompany transactions
D. whether to enforce an enterprise-wide currency or allow intercompany transactions in local currencies
E. automatic or manual batch numbering and the maximum transaction amount
Answer: B,C,D

NEW QUESTION: 3
Which setup sends one invoice to those customers who want it at the end of the month for all orders that are shipped during the month?
A. Set up the Scheduled Invoice Dates as monthly for the customer. Run a version of the Print Invoices program that specifies the monthly scheduled invoice date.
B. Activate Summarized Invoices in the Customer Billing Instructions. Run the Print Invoice program for this customer once a month to print out an invoice with all of the orders shipped during the month.
C. Activate Invoice Consolidation in the Customer Billing Instructions. Set up an Invoice Cycle Preference.
Run the Cycle Billing program daily.
D. Active Invoice Consolidation in the Customer Billing Instructions. Set up an Invoice Cycle Preference.
Run the Cycle Billing program monthly. Run a version of the Print Invoices program that specifies the end-of-month scheduled invoice date.
E. Activate Invoice Consolidation in the Customer Billing Instructions. Run the Print Invoice program for this customer once a month to print out an invoice with all of the orders shipped during the month.
Answer: E