Which One of the Following Requires the Maintenance of Accounting

question 49

Multiple Choice

Which one of the following requires the maintenance of accounting records and adequate internal accounting controls?

• A) The Securities Act of 1933.
• B) The Securities Exchange Act of 1934.
• C) The Investment Company Act of 1940.
• D) The Foreign Corrupt Practices Act of 1977.
• E) The Sarbanes-Oxley Act of 2002.

---

Definitions:

International Market

Refers to the economic activities and exchanges that involve the trade of goods, services, technology, and capital across national borders.

Situation Analysis

An evaluation of an organization's current state, including its internal conditions and external environment, to identify strengths, weaknesses, opportunities, and threats.

SWOT Analysis

A strategic planning tool that helps organizations identify their Strengths, Weaknesses, Opportunities, and Threats related to business competition or project planning.

Competition Analysis

The process of identifying, assessing, and analyzing competitors in the market to understand their strengths, weaknesses, strategies, and market position.