Which One of the Following Requires the Maintenance of Accounting

question 50

Multiple Choice

Which one of the following requires the maintenance of accounting records and adequate internal accounting controls?

• A) The Securities Act of 1933.
• B) The Securities Exchange Act of 1934.
• C) The Investment Company Act of 1940.
• D) The Foreign Corrupt Practices Act of 1977.
• E) Insider Trading Sanctions Act of 1984.

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Definitions:

Sobriety

The state of not being under the influence of alcohol or any intoxicating substance and often refers to maintaining this state.

Unpleasant Stimulus

A negative or adverse stimulus that causes discomfort or aversion in individuals.

Classical Conditioning

A learning process that occurs when two stimuli are repeatedly paired; a response that is initially elicited by the second stimulus is eventually elicited by the first stimulus alone.