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NEW QUESTION: 1
The manager of Main Street branch calls and relates the following information: John Smith purchased a cashier's check for $1,000 cash at 10:00 A.m. on Tuesday. At 11:30 A.m. Mr. Smith returned and purchased a cashier's check for $2,500 cash and deposited traveler's checks totaling $9,000 into his checking account. At 4:00 p.m. Mr. Smith returned and deposited $8,000 cash into his checking account. This deposit was after normal banking hours, so it was recorded as of Wednesday's business date. What action should the bank take?
A. None, because no single cash transaction exceeded $10,000
B. Record the $1,000 and $2,500 transactions on the bank's monetary instrument sales log because the total exceeds the $3,000 threshold
C. Record the $1,000, $2,500, and $9,000 transactions on the bank's monetary instrument sales log because the total exceeds the $3,000 threshold
D. File a Currency Transaction Report (CTR) for $11,500
Answer: B
NEW QUESTION: 2
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You create a role with the following command: CREATE ROLE "InfoUser" When you try to assign this role to user PETER with the following command: GRANT InfoUser to PETER you receive an error message
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E. Recreate the role with the command CREATE ROLE INFOUSER.
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