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NEW QUESTION: 1
The treasury manager of an auto-parts manufacturer has noticed that checks were sent to a foreign individual not on the approved vendor list. The payables manager has explained the payments but did not provide an invoice. The treasury manager did no further research and is later disciplined for:
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B. not reporting suspicious activity under the USA Patriot Act.
C. not implementing "Check 21."
D. ignoring International Accounting Standards Board regulations.
Answer: B