Question
6. Which of the following statements is correct? a. the accounting provisions of the FCPA are broader than the anti-bribery provisions b. officers, directors, employees,
6. Which of the following statements is correct? a. the accounting provisions of the FCPA are broader than the anti-bribery provisions b. officers, directors, employees, agents, and stockholders of foreign persons are subject to the FCPA if they commit a violation while in the US c. a foreign citizen who is an agent of a US concern is subject to the FCPA for acts committed outside the US d. under the FCPA, corruptly makes clear that an offer, payment, promise or gift must be intended to induce the recipient to misuse an official position to wrongfully direct business to the payer or obtain a favorable regulation e. none of the above
7. What grammatical abnormality is evidenced in the following sentence? You know, you always try to make sure that the totals are correct and that receipts are all documented, but sometimes you miss things. a. Using out of sequence information b. Omitting the pronoun I c. Using present tense verbs for past events d. Ending a sentence with a preposition e. None of the above
8. Funds from unknown sources equals:
a. Assets-liabilities
b. Net worth increase + living expenses
c. Income-funds from known sources
d. Net worth-prior years net worth
e. None of the above
9. The two primary themes of the FCPA are that
a. bribery is unethical and should not go unpunished
b. if payment is made to an official of a foreign government, whether proper or corrupt, the payment must be reported according to GAAP
c. no entity or person may offer or pay anything of value to a foreign official that would cause the official to misuse power or influence
d. b and c
e. a and b
f. none of the above
10. Which of the following is a limitation of the net worth method?
a. It only includes assets and liabilities that can be discovered
b. The resulting amounts presented in court are usually lower than the actual theft amount
c. The net worth method only gives an estimate of net worth increases or decreases
d. When presented with the net worth amounts, suspects sometimes confess
e. None of the above
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