Which would be considered a large cash transaction that would necessitate a report to Fintrac a) four weekly cash deposits of $5000 made in consecutive weeks b) a cash conversion of 50,000 into Canadian dollars equivalent to approximately C$500 in an immediate deposit of the funds c) a one time cash deposit 3000 d) two separate deposits of 7500 made in the morning in the afternoon on the same day.

Answer rating: 100% (QA)

Based on the information provided the following would be considered a large cash transaction that wo... View the full answer