The Foreign Corrupt Practices Act Requires That All U

Multiple Choice

The Foreign Corrupt Practices Act requires that all U.S. corporations under the juris-diction of the Securities and Exchange Commission

A) have at least one foreign subsidiary.
B) maintain accounting records of foreign branches and subsidiaries in the local foreign currency.
C) maintain an adequate system of internal control.
D) must file reports with the National Commission on Fraudulent Financial Reporting.