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The FCPA Requires That a System of Internal Accounting Controls

Question 121

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The FCPA requires that a system of internal accounting controls


A) guarantee that profits are correctly stated in a firm's audited financial statements.
B) provide absolute assurance that transactions are executed only in accordance with management's authorization.
C) provide reasonable assurance that access to assets is permitted only in accordance with management's authorization.
D) ensure the long-run profitability of an organization.

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