On which of the following loans must a bank maintain records under the Bank Secrecy Act?
A) All loans exceeding $5,000 and secured by real property
B) All loans exceeding $5,000, but not secured by real property
C) All loans exceeding $10,000 and secured by real property
D) All loans exceeding $10,000, but not secured by real property
Correct Answer:
Verified
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