Which of the Following Is Not a Main Provision of the Foreign

question 150

Multiple Choice

Which of the following is not a main provision of the Foreign Corrupt Practices Act of 1977 (FCPA) ?

• A)No U.S.person or companies that have securities listed on U.S.markets may make a payment to a foreign official for the purpose of obtaining or retaining business.
• B)Companies that have securities listed on U.S.markets must make and keep financial records that accurately and fairly reflect the transactions of the company.
• C)Designing and maintaining internal accounting controls is the role of internal auditors when management conducts business in a foreign country.
• D)Certain payments made to an official to expedite the performance of the duties that the official would already be bound to perform are acceptable.

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Definitions:

Two-Tailed

Two-Tailed tests in statistics are used to determine if there is either a positive or negative effect, and the significance is checked in both directions of the distribution.

Critical Values

Specific points on the scale of a test statistic that define regions where the null hypothesis can be rejected, indicating statistical significance.

Two-Tailed

A statistical test where the critical area of a distribution is two-sided and tests whether a sample is either greater or less than a certain range of values.

Negative Number

A real number that is less than zero, indicating a direction opposite to positive numbers.