CGSS COMPREHENSIVE TEST BANK 2026
VERIFIED QUESTIONS AND SOLUTIONS
100% CORRECT
●● The power to deploy sanctions are included:.
Answer: in the League of Nations Covenants.
The power to deploy sanctions was included in the League's Covenant.
Article 16 of the Covenant authorized economic sanctions and military
actions against any state that employs wa
●● One of the first recorded instances of sanctions was the:.
Answer: Megarian Decree.
One of the first recorded instances of sanctions dates back to the fifth
century BC. With the Megarian Decree in 432 BC, the Athenians levied
economic sanctions, banning citizens of Megara from accessing markets
in the Athenian empire
●● The Non-Proliferation Treaty is intended to prevent the spread of
nuclear weapons and technology and promote peaceful uses of which of
the following?.
Answer: Nuclear energy
,The NPT solidified the international community's commitment to
preventing the spread of nuclear weapons.
Its goal is to create a binding commitment of disarmament by the five
declared nuclear-weapon states and to promote the peaceful use of
nuclear technology while preventing the spread of nuclear weapons and
weapons technology
●● The Magnitsky Act allows the US government to freeze the assets of
and ban entry of any foreign official implicated in which of the
following?.
Answer: Human rights violation
●● Which of the following best describes the Financial Action Task
Force's Mutual Evaluation Reports?.
Answer: Reports that evaluate a country's compliance with FATF's
recommendations
●● A US consultant is in Beijing, China working on a project for a major
Chinese financial institution, and is asked how to set up a sanctions
compliance program to engage in trade-related transactions with the
country of Iran. The US consultant drafts a sanctions compliance
framework and delivers it to the client. The consultant is most likely
engaged in:.
Answer: Facilitation.
, KEY TAKEAWAYS • Facilitation is a concept that applies to US
persons not directly engaged in sanctioned activity. • Facilitation is a
broad concept that may encompass a variety of activities, such as
overseeing the transfer of equipment for a non-US person to sanctioned
locations. • US persons are prohibited from making business decisions
on behalf of non-US persons for projects in sanctioned countries. •
Providing technical or advisory expertise for operations in sanctioned
countries may be prohibited as facilitation.
●● Which of the following describes multiple countries working
together to block trade and issue embargoes against another country?.
Answer: Multilateral sanctions
●● Which of the following is a government's exercise of its authority
beyond its geographical boundaries?.
Answer: Extraterritoriality
●● An SDN deposits US funds into his bank account in Germany with a
German bank. The German bank maintains a nostro account with a US
financial institution in New York. The funds may be subject to forfeiture
according to which 2001 US law?.
Answer: The USA PATRIOT Act : BSA
Section 311 of the USA PATRIOT Act directs the Treasury to designate a
financial institution or jurisdiction as being of "primary money
VERIFIED QUESTIONS AND SOLUTIONS
100% CORRECT
●● The power to deploy sanctions are included:.
Answer: in the League of Nations Covenants.
The power to deploy sanctions was included in the League's Covenant.
Article 16 of the Covenant authorized economic sanctions and military
actions against any state that employs wa
●● One of the first recorded instances of sanctions was the:.
Answer: Megarian Decree.
One of the first recorded instances of sanctions dates back to the fifth
century BC. With the Megarian Decree in 432 BC, the Athenians levied
economic sanctions, banning citizens of Megara from accessing markets
in the Athenian empire
●● The Non-Proliferation Treaty is intended to prevent the spread of
nuclear weapons and technology and promote peaceful uses of which of
the following?.
Answer: Nuclear energy
,The NPT solidified the international community's commitment to
preventing the spread of nuclear weapons.
Its goal is to create a binding commitment of disarmament by the five
declared nuclear-weapon states and to promote the peaceful use of
nuclear technology while preventing the spread of nuclear weapons and
weapons technology
●● The Magnitsky Act allows the US government to freeze the assets of
and ban entry of any foreign official implicated in which of the
following?.
Answer: Human rights violation
●● Which of the following best describes the Financial Action Task
Force's Mutual Evaluation Reports?.
Answer: Reports that evaluate a country's compliance with FATF's
recommendations
●● A US consultant is in Beijing, China working on a project for a major
Chinese financial institution, and is asked how to set up a sanctions
compliance program to engage in trade-related transactions with the
country of Iran. The US consultant drafts a sanctions compliance
framework and delivers it to the client. The consultant is most likely
engaged in:.
Answer: Facilitation.
, KEY TAKEAWAYS • Facilitation is a concept that applies to US
persons not directly engaged in sanctioned activity. • Facilitation is a
broad concept that may encompass a variety of activities, such as
overseeing the transfer of equipment for a non-US person to sanctioned
locations. • US persons are prohibited from making business decisions
on behalf of non-US persons for projects in sanctioned countries. •
Providing technical or advisory expertise for operations in sanctioned
countries may be prohibited as facilitation.
●● Which of the following describes multiple countries working
together to block trade and issue embargoes against another country?.
Answer: Multilateral sanctions
●● Which of the following is a government's exercise of its authority
beyond its geographical boundaries?.
Answer: Extraterritoriality
●● An SDN deposits US funds into his bank account in Germany with a
German bank. The German bank maintains a nostro account with a US
financial institution in New York. The funds may be subject to forfeiture
according to which 2001 US law?.
Answer: The USA PATRIOT Act : BSA
Section 311 of the USA PATRIOT Act directs the Treasury to designate a
financial institution or jurisdiction as being of "primary money
