Question 7 The USA Patriot Act does not require a financial services provider to establish the identity of a customer opening a new account True False Question 8 10 The Sarbanes Oxley (SOX) Act created the Public Accounting oversight board to enforce higher standards in the accounting profession, & to promote accurate & objective audits of public compani and financial services providers. True False Question 9 Most National Banks are examined by the OCC within how many months: 12 to 18 months 20 to 24 months 24 to 28 months 28 to 32 months Question 10 The current FDIC insurance limit for all categories of deposits is: $250,000 $400,000 $450,000 $500,000