Which one of the following requires the maintenance of accounting records and adequate internal accounting controls?
A) The Securities Act of 1933.
B) The Securities Exchange Act of 1934.
C) The Investment Company Act of 1940.
D) The Foreign Corrupt Practices Act of 1977.
E) Insider Trading Sanctions Act of 1984.

Question

Quizplus · Accepted Answer

The Foreign Corrupt Practices Act of 1977 requires companies to maintain accurate accounting records and adequate internal accounting controls to prevent bribery and corruption.

Which One of the Following Requires the Maintenance of Accounting