Which of the Following Statements Is True of the Foreign

question 77

Multiple Choice

Which of the following statements is true of the Foreign Sovereign Immunities Act (FSIA) ?

• A) It protects U.S. citizens doing business in foreign nations.
• B) It protects foreign companies doing business in the United States.
• C) It protects joint ventures from liability for toxic accidents.
• D) It protects foreign governments from U.S. judicial review of their public acts.

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Definitions:

Separation Of Duties

A key principle in internal control that involves dividing responsibilities among different personnel or departments to reduce risk of fraud and errors.

CPA Licenses

Certifications granted to accounting professionals who meet the education, experience, and examination requirements of their jurisdiction, allowing them to practice as Certified Public Accountants.

Insuring Assets

The act of obtaining insurance coverage to protect company assets from losses due to risks like fire, theft, or damage.

Technologically Advanced

Referring to the use or development of new and innovative technologies in processes, products, or services.