The currency transaction report was initiated by the Bank Secrecy Act in 1970. However, not all transactions of $10,000 and more need to reported with a CTR. Recent legislation has identified certain groups known as exempt persons. There are three categories of exempt persons.
Quality Learning is learning that fosters the individuals ability to be acquire, knowledge and understanding which is then utilised within real situtions to make valid, informed decisions, and also enhances the individuals ability to be positively involved in the sharing of ideas, understanding and opinions.
Quality points are determined by multiplying letter grade credit point value by the credit hours of a course. If a student earns the grade of A in a 3-credit hour course, he or she has earned a total of 12 quality points for the course (4 credit points for the A multiplied by 3 credit hours for the course).