Final answer:
Transactions of more than $2,500 typically require enhanced due diligence measures and possibly additional internal controls or authorisation procedures to avoid financial malpractices like money laundering.
Step-by-step explanation:
In the context of financial transactions, particularly in banking or corporate financial policies, transactions of more than $2,500 will additionally require certain enhanced due diligence measures. This could include identity verification, obtaining additional information on the nature of the transaction, or understanding the source of funds. This is often in accordance with regulations aimed at preventing money laundering or financial fraud.
For businesses, internal controls and authorisation procedures may also be required for high-value transactions to ensure they are legitimate and appropriately recorded. This can include requiring multiple approvals from management or the relevant authorities within an organization before the transaction can be executed.