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NEW QUESTION: 1
For each of the following statements, select Yes if the statement is true. Otherwise, select No. NOTE: Each correct selection is worth one point.

Answer:
Explanation:

NEW QUESTION: 2
The USA PATRIOT Act requires United States (U.S.) financial institutions to collect certain information from non-U.S. banks that hold a correspondent account.
Which two pieces of information must a non-U.S. bank provide to its U.S. correspondent to enable them to comply with this requirement? (Choose two.)
A. Prompt notice of any suspicious activity it detects on any customer who uses the correspondent account
B. The name and address of a U.S. person who is authorized to receive service of legal process for the bank
C. The name and address of all beneficial owners who own 25% or more of the bank
D. The name and address of all shell banks the bank maintains accounts for
Answer: A,C

NEW QUESTION: 3
Which two statements are true about setting up an Approved Supplier List? (Choose two.)
A. You do not need to set the profile option PO: Automatic Document Sourcing to Yes, in order to get the source document information for a service (as opposed to an inventory item).
B. A Global Agreement cannot be set up as a source document for a requisition.
C. A blanket purchase agreement cannot be set up as a source for an item in a purchase order line.
D. An Approved Supplier List is used only for items and not for services.
E. You can get the price breaks to default to a requisition from a quotation or a blanket purchase agreement.
Answer: C,E