Codex Marketing Inc. routinely makes payments to administrative employees in foreign countries in order to get paperwork processed in a timely manner. Codex
A) must file a report with the foreign government to disclose the payments.
B) must file paperwork with the U.S. State Department to disclose the payments .
C) must keep detailed and accurate accounting records of the payments .
D) is violating the Foreign Corrupt Practices Act .

Question

Quizplus · Accepted Answer

Codex must keep detailed and accurate accounting records of the payments as required by the Foreign Corrupt Practices Act (FCPA), which mandates accurate record-keeping for all transactions, including facilitating payments.