Online Access Free CGSS Exam Questions

Which product categories are generally considered dual-use goods? (Select Two.)

• A.Luxury goods
• B.Electronics
• C.Food and agriculture
• D.Aerospace and propulsion
• E.Precious metals and gems

Which variables are most important for sanctions compliance when screening customers with an automated tool? (Select Three.)

• A.Name of person
• B.Identification number
• C.Date of birth of a new customer
• D.Location
• E.Account number
• F.Employer of an existing customer

Which are common misconceptions related to an effective sanctions program? (Select Two.)

• A.A US citizen has been working in the EU and thus, US sanctions do not apply.
• B.An individual sending a USD wire that automatically involves the US sanctions.
• C.The individual or entity is not explicitly named on a sanctions list, therefore there are no potential sanctions risk.
• D.Parties involved in import or export and related transactions could be subject to financial sanctions.
• E.A company must assess sanctions risks during the due diligence phase of a merger and acquisition.

Which are the primary sources of information for a sanctions investigation? (Select Two.)

• A.Transaction activity review
• B.Government blocked persons and export restriction lists
• C.Social media publications
• D.News headlines
• E.Internal bank correspondence

An EU and US-based retail company sells various goods globally. What product may pose export sanctions violations for the company?

• A.Cigars
• B.Art reproductions
• C.Toys
• D.Textbooks