Chapter 6: Please read Chapter 6 and answer the following questions based on your understanding of the chapter. Each question is 2 points.

1. What is the primary purpose of the FCPA?

2. What was the maximum fine for a U.S. corporation under the FCPA? Which organization and why was it given?

3. Which two distinct areas did the FCPA focus on? Explain each briefly.

4. List 4 examples of routine governmental action.

5. List 7 steps of an effective compliance program.

6. What are aggravating and mitigating factors? Define and give an example for each.

7. What are the 3 key components of the 2004 Revised FSGO?

8. a. What is Sarbanes-Oxley Act? Why is it created?

b. What is PCAOB? What is its job/role?

9. a. Which title requires CEOs and CFOs to certify quarterly and annual reports to the SEC?

b. Which title protects employees of companies who provide evidence of fraud?

10. What are the five key requirements for auditor independence?