A Major Impact of the Foreign Corrupt Practices Act of 1977

Multiple Choice

A major impact of the Foreign Corrupt Practices Act of 1977 is that registrants subject to the Securities Exchange Act of 1934 are now required to

A) Keep records which reflect the transactions and dispositions of assets and maintain a system of internal accounting controls
B) Provide access to records by authorized agencies of the federal government
C) Records all correspondence with foreign nations
D) Prepare financial statements in accordance with international accounting standards