Ask Question
BusinessBusiness
16 February, 21:22

Blank is a process in which an amount of money gained from illegal activities is made to appear as if it is earned from a genuine source

+3
Answers (1)
  1. 16 February, 22:00
    0
    "Money laundering" is a process in which an amount of money gained from illegal activities is made to appear as if it is earned from a genuine source.

    Money laundering is a criminal plan that can work likewise, yet it includes the stowing away of cash as opposed to a ball.

    Money laundering is an approach to cover wrongfully acquired assets. Money laundering works by moving cash in intricate and convoluted monetary exchanges which deceive any individual who may look to follow and audit the exchanges. The goal is to make it hard to recognize the first party to the exchange, known as the launderer.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Blank is a process in which an amount of money gained from illegal activities is made to appear as if it is earned from a genuine source ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
Suppose the current CPI is 240 and in 2002 it was 180. A pair of Levi's jeans costs $54 today. Based on the CPIs, what would you expect the 2002 price to have been for the same style of Levis, in a similar retail outlet?
Answers (1)
Bostian, Inc. has total assets of $575,000. Its total debt outstanding is $185,000. The Board of Directors has directed the CFO to move towards a debt-to-assets ratio of 55%.
Answers (1)
There are three common failures involved in a prosecutor neglecting one's duties. they are
Answers (1)
The value of United States currency is based on ... What?
Answers (1)
Activity Base Data Estimated number of DLH for the year 6,250 Estimated number of MH for the year 4,375 Compute the predetermined factory overhead rate for the current year.
Answers (1)
New Questions in Business
What explanations have economists offered for why firms don't raise prices when doing so would seem to increase profits? Firms might not raise prices when doing so might increase profits because A.
Answers (1)
Compute ending work in process inventory for a manufacturer with the following information. Raw materials purchased ... $124,800 Direct materials used ... 74,300 Direct labor used ... 55,000 Total factory overhead ...
Answers (1)
Cole has a credit card bill of $3,100. His credit limit is $3,000. Is Cole using credit responsibly or irresponsibly? A. responsibly B. irresponsibly
Answers (1)
In the month of November Marigold Corp. wrote checks in the amount of $43300. In December, checks in the amount of $59239 were written. In November, $39630 of these checks were presented to the bank for payment, and $50932 in December.
Answers (1)
Donald and Charlene are married and do not have any children. They plan to ensure that the other will not be unduly burdened by debts in case one of them dies. Each plans to continue to work after the other one dies.
Answers (1)
Home » Business » Blank is a process in which an amount of money gained from illegal activities is made to appear as if it is earned from a genuine source
Sign Up Forgot Password?