The Primary Purpose of the Foreign Corrupt Practices Act of 1977

question 47

Multiple Choice

The primary purpose of the Foreign Corrupt Practices Act of 1977 was

• A)to require corporations to maintain a good system of internal control.
• B)to prevent the bribery of foreign officials by American companies.
• C)to require the reporting of any material fraud by a business.
• D)All of the above are required by the act.

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Definitions:

Executive Positions

High-level management roles within an organization, responsible for strategizing, decision-making, and overseeing company operations.

Orientation Programs

Structured events or activities designed to familiarize new employees with the organizational culture, policies, and roles, aiding in their successful integration.

Terms and Conditions

Set of rules and guidelines that a user must agree to in order to use a service or product.

Realistic Job Preview

A technique used in recruitment to give potential employees a truthful representation of what a job entails, including both positive and negative aspects.