Under the Foreign Corrupt Practices Act, a. Companies must refrain from bribing foreign politicians for commercial advantage.

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Under the Foreign Corrupt Practices Act,

a. Companies must refrain from bribing foreign politicians for commercial advantage.

b. Independent auditors must audit all elements of a company’s internal control system.

c. Independent auditors must establish control systems to keep books, records, and accounts properly.

d. Independent auditors must prepare the financial statements.

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Auditing An International Approach

ISBN: 978-1259087462

7th edition

Authors: Wally J. Smieliauskas, Kathryn Bewley

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