What Should an Auditor Do When Becoming Aware of Violations

question 23

Multiple Choice

What should an auditor do when becoming aware of violations of the FCPA?

• A)Contact foreign officials in the country where the client has business operations.
• B)Notify the audit committee about the violations,their circumstance,and the effect on the financial statements.
• C)Contact the U.S.marshals.
• D)Design internal controls to deter improper payments.

Understand how to clearly communicate changes and updates to stakeholders in a positive light.

Realize the impact of confirmation messages, thank-you notes, and congratulatory messages in corporate communication.

Develop the ability to craft business communications that enhance reader engagement and induce desired actions.

Comprehend how to express benefits and encourage a positive reception in business messaging.

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Definitions:

Reward

An outcome or event that strengthens the likelihood of a behavior by providing a positive consequence or satisfaction to the subject.

Intrinsic Motivation

Motivation driven by an interest or enjoyment in the task itself, rather than relying on external pressures or rewards.

Extrinsic Motivation

The drive to perform actions or engage in activities due to external rewards or pressures rather than for intrinsic satisfaction.

Extrinsic Motivation

Motivation driven by external rewards such as money, fame, grades, and praise.