The FCPA Requires That a System of Internal Accounting Controls

question 121

Multiple Choice

The FCPA requires that a system of internal accounting controls

• A) guarantee that profits are correctly stated in a firm's audited financial statements.
• B) provide absolute assurance that transactions are executed only in accordance with management's authorization.
• C) provide reasonable assurance that access to assets is permitted only in accordance with management's authorization.
• D) ensure the long-run profitability of an organization.

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