1D1Q A PUBLIC CORPORATION THAT MUST MEET THE PROVISIONS OF THE FOREIG...

248. CSO: 1D1e LOS: 1D1q

A public corporation that must meet the provisions of the Foreign Corrupt Practices Act

of 1977 should have a compliance program that includes all of the following steps except

a. an authorized and properly signed agreement that it will abide by the Act.

b. documentation of the corporation’s existing internal accounting control systems.

c. a cost/benefit analysis of the controls and the risks that are being minimized.

d. a system of quality checks to evaluate the internal accounting control system.