A custodial arrest occurs when a law enforcement officer informs the suspect of their rights as a criminal defendant

• A. True
• B. False

The Financial Action Task Force (FATF) Recommendations concerning cross-border transfers of currency recommend that countries do which of the following?

• A. Eliminate the practice of carrying currency above a certain threshold across international borders.
• B. Require individuals to make a disclosure any time currency is physically transported into or out of a country, regardless of the currency amount.
• C. Stipulate that financial institutions must inform authorities any time they conduct a transaction involving a cash equivalent originating from another country.
• D. Establish reporting thresholds for physically carrying currency or currency equivalents into or out of a country.

Suri is conducting a fraud examination in a country where courts apply laws from codified statutes to each case and their decisions are not bound by similar court decisions from previous cases. This type of judicial system is best known as a:

• A. Common law system
• B. Codified law system
• C. Statutory law system
• D. Civil law system

Each of the following is a common legal defense for tax evasion EXCEPT:

• A. There is no tax deficiency.
• B. The taxpayer has filed for bankruptcy.
• C. The taxpayer has a mental illness.
• D. The taxpayer relied on an attorney or accountant.