Treasury Enforcement Agent Exam Treasury Enforcement Agent: Verbal Reasoning 3

Question 1

Which word is closest in meaning to 'mitigate'?

Accepted Answer

Reduce

Answer

'Mitigate' means to make less severe or serious, synonymous with 'reduce' in this context.

Question 2

Read: 'Currency transaction reports must be filed for any cash transaction exceeding $10,000. Multiple related transactions designed to avoid this threshold are considered structuring, which is a federal crime.' A person makes three cash deposits of $4,000 each on the same day. What best describes this activity?

Accepted Answer

Suspicious and potentially structuring

Answer

Multiple related transactions designed to stay below the $10,000 threshold constitute structuring, a federal crime.

Question 3

Select the sentence that is grammatically correct.

Accepted Answer

The evidence collected at the scene was properly catalogued.

Answer

Option C correctly uses the singular verb 'was' with the singular subject 'evidence.'

Question 4

Read: 'Money laundering typically occurs in three stages: placement, layering, and integration. Each stage serves to distance the illicit funds from their criminal origin.' Which stage involves moving funds through complex transactions to obscure their origin?

Accepted Answer

Layering

Answer

Layering involves complex transactions designed to obscure the origin of illicit funds.

Question 5

Which word best completes the sentence: 'The agent's testimony was _______, as it contradicted the physical evidence found at the scene.'

Accepted Answer

Dubious

Answer

'Dubious' means questionable or doubtful, fitting a testimony that contradicts physical evidence.

Treasury Enforcement Agent Exam Practice Test

Treasury Enforcement Agent Exam Practice Test

Treasury Enforcement Agent Exam Treasury Enforcement Agent: Verbal Reasoning 3