In most cases, the majority of employees that a firm hires abroad are categorized as third-country nationals

Which of the following statements about the Sarbanes-Oxley Act is incorrect?

a. Because of the act, the SEC was required to establish an oversight board. b. Because the act is complex, compliance is more expensive and time-consuming for corporate management. c. Because of the act, auditors, and accountants receive monetary rewards if they find violations. d. Because of the act, a corporation’s chief executive and financial officers must certify financial reports. e. Because of the act, auditors, accountants, and employees can be imprisoned for destroying financial documents related to an audit.

GM executives are looking for a joint venture with AvtoVAZ, the largest carmaker in:

A) Germany. B) Lithuania. C) Russia. D) Kazakhstan. E) Turkey.