The "Know They Customer" program:
A)is a federal program directed at commercial bribery prevention.
B)is a federal program related to detecting money laundering.
C)is an unconstitutional federal program.
D)both a and c

Question

Quizplus · Accepted Answer

The "Know Your Customer" program is a federal program aimed at identifying and detecting potential cases of money laundering by understanding the financial transactions and profile of the customers. Choice A is incorrect as it incorrectly states that the program is directed at commercial bribery prevention. Choice C is incorrect as there is no evidence that the program is unconstitutional. Choice D is also incorrect as option A is incorrect.

The "Know They Customer" Program