The Foreign Corrupt Practices Act (FCPA) Requires Rigorous Internal Accounting

question 37

True/False

The Foreign Corrupt Practices Act (FCPA) requires rigorous internal accounting controls and careful recordkeeping to ensure that bribes cannot be concealed via "slush funds" and other devices.

---

Definitions:

Approach-Avoidance Conflict

A psychological conflict that occurs when a goal is both attractive and fearful at the same time, causing anxiety and indecision.

Irrational Beliefs

Irrational beliefs are convictions or assumptions that are not based on reality or logical reasoning, often leading to negative emotional outcomes and behaviors.

General Adaptation Syndrome (GAS)

Selye’s hypothetical three-stage response to stress.

Stressors

External or internal stimuli that cause stress, which can lead to physical, mental, or emotional strain or tension.