The ______ Act requires banks, businesses, and financial institutions to report large cash transactions.

Name: The ______ Act requires banks, businesses, and financial institutions to report large cash transactions.
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Question

The ______ Act requires banks, businesses, and financial institutions to report large cash transactions. ​

Quizplus · Accepted Answer

The correct answer is B) Currency Transaction Reporting Act, which mandates that banks, businesses, and financial institutions report cash transactions over a certain threshold to the government to help prevent money laundering and other financial crimes.

The ______ Act Requires Banks, Businesses, and Financial Institutions to Report