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Which of the following statements concerning digital currencies, such as bitcoin, is MOST ACCURATE?

A. Digital currencies are attractive to money launderers because they are a payment method that provides complete anonymity.

B. Digital currencies are attractive to money launderers because payments often cross jurisdictional boundaries, making it difficult for authorities to pursue enforcement.

C. Digital currencies are not typically used to launder money due to strict customer identification or recordkeeping requirements enforced in all jurisdictions.

D. Digital currencies are subject to all of the same regulations as payments made through traditional financial institutions.

Which of the following statements about the International Organization of Securities Commissions (IOSCO) is TRUE?

A. IOSCO is recognized as the international standard-setter for securities markets.

B. IOSCO is an oversight body responsible for issuing and enforcing regulations that govern all international securities markets.

C. IOSCO provides a forum for regular cooperation on banking supervisory matters affecting developing nations.

D. IOSCO is a self-regulatory organization for companies that have securities traded on international securities markets.

Under the World Bank Principles for Effective Insolvency and Creditor/Debtor Regimes (World Bank Principles); which of the following parties should administer the debtor's estate in liquidation bankruptcy proceedings?

A. The jurisdiction's commerce department or equivalent agency

B. An independent insolvency representative

C. The debtor, supervised by an independent insolvency representative

D. The creditor with the largest claim against the debtor

Which of the following describes the purpose of an expert witness's testimony at trial?

A. To offer an opinion as to a party's guilt or innocence

B. To give a firsthand account of the facts of the case on the record

C. To give an opinion when the fact finder needs specialized knowledge

D. None of the above

The MAIN purpose for maintaining the chain of custody on an item of evidence is to:

A. Prevent opposing parties from accessing evidence without a court order.

B. Verify that the item of evidence has only been handled by court officials prior to its production in court.

C. Eliminate the need to authenticate the item of evidence in court.

D. Establish that the evidence has not been altered or changed from the time it was collected through its production in court.