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NEW QUESTION: 1
What must you do before a Go Live migration in the productive client can be set to Complete in customizing?
Note: There are 2 correct answers to this question.
A. Transfer application indexes using data aging
B. Apply small-scale live postings of the day-to-day business to check the system
C. Finalize the before-and-after comparison of the financial reports with the business department
D. Get approval of business department and project management.
Answer: A,B
NEW QUESTION: 2
An offshore company is owned by four equal partners that reside in separate jurisdictions. One partner presents an authenticated power of attorney apparently executed by the remaining three partners in his favor and requests that a bank account be opened on behalf of all partners. He needs this done quickly because there is a large deposit pending. The account-opening officer contacts the bank's anti-money laundering officer for advice. Which of the following should the anti-money laundering officer advise as an initial step?
A. Verify the identity of all the partners.
B. Verify the source of the deposit.
C. File a suspicious transaction report with the appropriate Financial Intelligence Unit.
D. File a suspicious transaction report with the Egmont Group.
Answer: C
NEW QUESTION: 3
A. Option D
B. Option C
C. Option A
D. Option B
E. Option E
Answer: B,C
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