Detecting Accounting Fraud 1st Edition by Cecil Jackson

Exercise 16

According to the SEC, BellSouth's improper accounting for foreign payments in contravention of the Foreign Corrupt Practices Act (FCPA) included all of the following, except: (a) The use of fabricated invoices at Telcel.
(b) Breaking a foreign country's law that prohibited foreign companies from holding a majority of the stock in a tele-communications company.
(c) The failure to keep accurate records.
(d) Incorrectly describing payments to a lobbyist as consulting services.