Which three methods are commonly used by an accountant to launder money? (Choose three.)
Posted: Wed Mar 09, 2022 7:17 am
Which three methods are commonly used by an accountant to launder money? (Choose three.)
A. Representing a client in court
B. Understating income to take a tax loss
C. Overstating income to hide excess cash
D. Acting as a conduit for transferring cash between accounts
E. Acting as a designee for someone who wishes to hide their identity
A. Representing a client in court
B. Understating income to take a tax loss
C. Overstating income to hide excess cash
D. Acting as a conduit for transferring cash between accounts
E. Acting as a designee for someone who wishes to hide their identity