Which of the Following Best Describes the Foreign Corrupt Practices

question 23

Multiple Choice

Which of the following best describes the Foreign Corrupt Practices Act of 1977 (amended 1988) ?

• A) It recommended that every publicly traded company include a report in its annual report assessing the effectiveness of the company's internal control structure and procedures.
• B) This act made it a felony to intercept electronic communications and a misdemeanor to break into electronic mail storage facilities.
• C) In accordance with section 1029, "Fraud and Related Activity in Connection with Access Devices," this act made it a crime to produce or use a counterfeit access device.
• D) It established provisions for record keeping and internal control for companies registered with the Securities and Exchange Commission.

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Definitions:

Destruction

The act of causing so much damage to something that it no longer exists or cannot be repaired.

Separation, Breakdown

The process of dividing or disassembling entities into parts, components or elements, often leading to a detailed analysis or decay.

Loosening

The act of making something less tight, compact, or firm, often resulting in more movement or flexibility.

Dissolution

The process of dissolving or breaking down into smaller parts or elements.