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In which case might a Suspicious Transaction Report NOT be necessary?

A customer who deposits money of suspicious origins and refuses to answer questions from the financial institutionâ€™s staff.A customer who tries to move money that is suspected of being derived from criminal activity.A customer who owns a large supermarket and deposits large amounts of cash several times a day.A customer whose account is showing transaction activities which are beyond his known financial capability.

Correct - Your answer is correct.

Wrong - Your answer is wrong.

Detailed Answer

Correct answer: (C)

A customer who owns a large supermarket and deposits large amounts of cash several times a day.

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