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What are the architecture of master data governance ?
A. Business customer
B. Business Partner
C. Business seller
D. Business supplier
Answer: A,B,D
A. Option B
B. Option C
C. Option D
D. Option A
E. Option E
Answer: A
An auction house dealing in fine art and antiques sells a well-known painting at a price of $12 million to an agent bidding for a group of local investors. The same painting sold ten years prior at auction for $5 million. The auction house receives payment for the painting via wire transfer from an account maintained in an offshore jurisdiction by the investor group. No beneficial ownership information is available for the account.
What are the two money laundering red flags? (Choose two.)
A. The painting has more than doubled its value in ten years.
B. Payment is received from an account in an offshore jurisdiction.
C. Lack of beneficial ownership details for the originating account.
D. An agent bids on the painting for a group of investors.
E. The payment is received via wire transfer.
Answer: B,C
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