Corporate _________ are often paid at least nominal sums and may receive more in larger corporations due to time, effort and risk involved.
Fill in the blank(s) with the appropriate word(s).
Ans: directors
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There are three reasons why an experienced member of the audit firm must thoroughly review audit documentation of the completion of the audit, including
A) to evaluate the performance of inexperienced personnel. B) to make sure that the audit meets the CPA firm's standard of performance. C) to counteract the bias that often enters into the auditor's judgment. D) all of the above.
The Foreign Corrupt Practices Act makes it a crime:
a. for U.S. companies to sell unregistered stock in other countries. b. for non U.S. companies to sell unregistered securities in the U.S. c. to "bribe" foreign governments or officials. d. to conspire to defraud stock purchasers in other countries.