Free CRCM Exam Braindumps (page: 174)

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Records that must be retained for deposit accounts include which of the following?

  1. Average daily balance
  2. Overdraft history
  3. All amounts of currency deposited or withdrawn
  4. Customer's TIN

Answer(s): D



Mammoth Enterprises is a new customer to the bank. It is a wholly owned subsidiary of Mammoth Corporation. Which of the following statements, if true, would make Mammoth Enterprises an exempt customer at the bank?

  1. Mammoth Corporation is a London corporation, trading on the London Stock Exchange.
  2. Mammoth Corporation is a U.S. corporation with unlisted stock.
  3. Mammoth Corporation is a U.S. corporation trading on the American Stock Exchange.
  4. Mammoth Enterprises is a U.S. corporation primarily in the investment banking business.

Answer(s): C



Mammoth Enterprises is a new customer to the bank. It is a wholly owned subsidiary of Mammoth Corporation. Which of the following statements, if true, would make Mammoth Enterprises an exempt customer at the bank?

  1. Mammoth Corporation is a London corporation, trading on the London Stock Exchange.
  2. Mammoth Corporation is a U.S. corporation with unlisted stock.
  3. Mammoth Corporation is a U.S. corporation trading on the American Stock Exchange.
  4. Mammoth Enterprises is a U.S. corporation primarily in the investment banking business.

Answer(s): C



Mammoth Enterprises is a new customer to the bank. It is a wholly owned subsidiary of Mammoth Corporation. Which of the following statements, if true, would make Mammoth Enterprises an exempt customer at the bank?

  1. Mammoth Corporation is a London corporation, trading on the London Stock Exchange.
  2. Mammoth Corporation is a U.S. corporation with unlisted stock.
  3. Mammoth Corporation is a U.S. corporation trading on the American Stock Exchange.
  4. Mammoth Enterprises is a U.S. corporation primarily in the investment banking business.

Answer(s): C






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