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The Foreign Corrupt Practices Act and the Sarbanes-Oxley Act Hold

question 25

Multiple Choice

The Foreign Corrupt Practices Act and the Sarbanes-Oxley Act hold whom criminally liable for weak internal control processes?


Definitions:

Fundamental Attribution Error

The tendency to overemphasize personality traits and underestimate situational factors when explaining others' behaviors.

Availability Heuristic

A cognitive rule of thumb that says that the perceived probability of an event or the importance assigned to it is based on its availability in memory.

Augmenting Principle

A principle in attribution theory suggesting that if an event occurs despite the presence of strong opposing forces, we should attribute the event to the actions of the agent.

Self-Fulfilling Prophecy

A prediction that directly or indirectly causes itself to become true due to positive feedback between belief and behavior.

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