1. Your business is a money service business if it offers which of the following?

a. Money ordersb. Currency dealing or exchangec. Cashd. a & be. a, b, & c

2. What is required by law for each MSB to have?

a. Currency transaction reports (CTR)

b. Anti-money laundering compliance program (AML)

c. Suspicious activity reports (SAR)

d. Obtain a monetary instrument log

True or False3. Your business may be an MSB if

the business conducts more than $2,000 in money services business activity with the same person (in one type of activity) on the same day

4. Money laundering is concealing illegal activity