Solved by verified expert :1. Which statement is false?a. The net worth analysis may be used when searching for hidden income in drug trafficking and insurance fraud situations.b. Whereas the focus of the net worth method is on the year-end balances as well as other assets and liabilities, the bank deposit technique looks at the funds deposited during the year.c. The bank deposit method attempts to reconstruct gross taxable receipts rather than adjusted taxable income.d. The bank deposit method is appropriate when most of the income is deposited in banks and most of the expenses are paid by checks.e. All of the above are true.2. Which of the following is a step in locating offshore assets?a. determine if a subject traveled overseasb. locate the subject’s travel agencyc. identify the means employed to move cash offshored. all of the abovee. none of the above3. Which of the following are specialized bank accounts, in connection with wire transfer services, that invite misuse by sophisticated and professional money launderers?a. basic checking accountsb. threshold accountsc. cupo accountsd. b and ce. none of the above4. Which semantic strategy is being used by the speaker of the following statement?A lot of these customers are elderly people with a lot of time on their hands. They are just glad for the company.a. emphasizingb. rationalizingc. debatingd. term-shiftinge. none of the above5. One important initial goal in asset tracing for the professional isa. to establish a cooperative relationship with the foreign government involvedb. to attach any assets hidden offshorec. to establish some paper trail that evidences communication, either initially or ongoing, with the holder of the assetsd. a and be. none of the above6. Which type of semantic dodger is most likely to use sentences throughout a statement that begin with phrases such as “I think,” “I guess,” and “I believe?”a. the term-shifterb. the nonconformistc. the jokerd. Mr. I cannot commite. none of the above7. Which statement contains a qualifying word that suggests that the speaker is evading a straightforward statement of the facts?a. I saw him a week ago.b. The last time I saw him was a week ago.c. The last time I actually saw him was a week ago.d. I saw him less than a week ago.e. None of the above8. Which of the following statements is true?a. it matters whether the owner of property was involved in the crime for purposes of civil forfeitureb. the owner does not even have to be accused or even suspected of involvement in the criminal activity for his property to be forfeitedc. it matters whether the owner of property was even aware that criminal activity was taking placed. even if the owner can prove the object’s innocence, the government still has a right to the property that relates back to the time of its illegal usee. none of the above9. Which of the following is not a method used to move funds offshore?a. wire transfersb. professional intermediariesc. personal checksd. all of the abovee. none of the above10. What semantic strategy is evidenced in the following sentence?I am telling you the truth, with God as my witness.a. Lyingb. Rationalizationc. Swearing of oathsd. Euphemizatione. None of the above
