To Assist in Detecting Illegal Bribes,International Civil Engineers,Inc

question 43

Multiple Choice

To assist in detecting illegal bribes,International Civil Engineers,Inc.,and all other U.S. companies must

• A)conceal financial records that reveal past bribes.
• B)keep records that "accurately and fairly" reflect their financial activities.
• C)make bribes through third parties rather than directly to officials.
• D)permit payments to foreign officials that are unlawful in that country.

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Definitions:

Stockholders

Individuals or entities that own shares in a corporation, giving them ownership interests and possibly rights to dividends, voting, and information.

Corporation's Actions

Decisions or movements made by a corporation, such as dividend distributions, stock splits, or acquisitions, affecting its operations and stakeholders.

Shares Outstanding

The total number of a company's shares of stock that are owned by shareholders, including those held by institutional investors and restricted shares.

Shares Authorized

The maximum number of shares that a corporation is legally permitted to issue, as specified in its articles of incorporation.