BUSI 472 Money laundering Exam
UPDATED ACTUAL QUESTIONS AND
CORRECT ANSWERS
Under pressure from US regulators, HSBC bank admitted that it was guilty of this category of ethics
violations - CORRECT ANSWER Fraud and financial misconduct
In western society, the stakeholder group responsible for policing HSBC banks unethical activities is -
CORRECT ANSWER Government
Which of the following activities in the clip is related to the government regulatory role in reining in
ethics violations? - CORRECT ANSWER All of these
Which of the following ethics failures at HSBC is most likely an illegal activity regulated by the
government? - CORRECT ANSWER HSBC instructed Iranian bank how to conceal millions of
dollars transactions
In the US, the following agency would be responsible to investigate HSBC is money laundering and
accounting coverups - CORRECT ANSWER Securities and exchange commission
In this clip, the US government expect HSBC to comply with his regulatory oversight. What
mechanism does the government have for ensuring compliance? - CORRECT
ANSWER Prosecutorial power
While the government deep find an ongoing oversight of HSBC may prevent future fraud and
financial misconduct, it may also produce the following unintended consequence - CORRECT
ANSWER HSBC will let funds to invest in a business growth
This clip expresses a concerned that companies that break the law may not have to face - CORRECT
ANSWER Criminal prosecution of managers
This clip raises the following on going to be about business ethics - CORRECT ANSWER Does
a lack of strict regulation mean that executives can get away with ethical misconduct?
UPDATED ACTUAL QUESTIONS AND
CORRECT ANSWERS
Under pressure from US regulators, HSBC bank admitted that it was guilty of this category of ethics
violations - CORRECT ANSWER Fraud and financial misconduct
In western society, the stakeholder group responsible for policing HSBC banks unethical activities is -
CORRECT ANSWER Government
Which of the following activities in the clip is related to the government regulatory role in reining in
ethics violations? - CORRECT ANSWER All of these
Which of the following ethics failures at HSBC is most likely an illegal activity regulated by the
government? - CORRECT ANSWER HSBC instructed Iranian bank how to conceal millions of
dollars transactions
In the US, the following agency would be responsible to investigate HSBC is money laundering and
accounting coverups - CORRECT ANSWER Securities and exchange commission
In this clip, the US government expect HSBC to comply with his regulatory oversight. What
mechanism does the government have for ensuring compliance? - CORRECT
ANSWER Prosecutorial power
While the government deep find an ongoing oversight of HSBC may prevent future fraud and
financial misconduct, it may also produce the following unintended consequence - CORRECT
ANSWER HSBC will let funds to invest in a business growth
This clip expresses a concerned that companies that break the law may not have to face - CORRECT
ANSWER Criminal prosecution of managers
This clip raises the following on going to be about business ethics - CORRECT ANSWER Does
a lack of strict regulation mean that executives can get away with ethical misconduct?
