Which of the Following Is Not a Main Provision of the Foreign

question 150

Multiple Choice

Which of the following is not a main provision of the Foreign Corrupt Practices Act of 1977 (FCPA) ?

• A)No U.S.person or companies that have securities listed on U.S.markets may make a payment to a foreign official for the purpose of obtaining or retaining business.
• B)Companies that have securities listed on U.S.markets must make and keep financial records that accurately and fairly reflect the transactions of the company.
• C)Designing and maintaining internal accounting controls is the role of internal auditors when management conducts business in a foreign country.
• D)Certain payments made to an official to expedite the performance of the duties that the official would already be bound to perform are acceptable.

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Definitions:

Pantheistic

Relating to or endorsing the belief that God is identical with the cosmos or nature.

Immanent

Refers to the presence and operation of a deity or divine creative life force within the material world, as opposed to being transcendent or beyond it.

Transcendent

Going beyond ordinary limits; surpassing; exceeding or rising above traditional boundaries.

Western Philosopher

A philosopher originating from or associated with the Western world, traditionally including thinkers from European and other culturally related regions.