Research and explain the difference between outright bribery and corruption versus a “facilitating payment.”
What will be an ideal response?
An answer could read as follows:
• Bribery and corruption entails paying a government official to either establish business or obtain licenses and permits. A facilitating payment, however, focuses just on expediting the process of obtaining licenses and permits. The U.S. Foreign Corrupt Practices Act allows facilitating payments to occur, but outright bribery to establish a business in a foreign country is not allowed. Other countries view bribery and facilitating payments as wholly illegal and will prosecute companies engaging in such acts.
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The debit side of an account
A) depends on whether the account is an asset, liability or owner's equity B) can be either side of the account depending on how the accountant set up the system C) is the right side of the account D) is the left side of the account
Imagine you are a consultant and you have been asked to give a seminar to bank employees on how they can use the five dimensions of service to improve customers' perceptions about the quality of the bank's service. What ideas would you give them to better customers' perception of each of the bank's service dimensions?
What will be an ideal response?
What conveys authority for the manufacture of a specified product or subassembly in a specified quantity and describe the material, labor, and machine requirements for the job?
A. capacity requirements planning (CRP) B. manufacturing orders (MO) C. capable to promise planning (CTP) D. computer-aided process planning (CAPP)
Peavey Enterprises purchased a depreciable asset for $22,000 on April 1, Year 1. The asset will be depreciated using the straight-line method over its four-year useful life. Assuming the asset's salvage value is $2,000, Peavey Enterprises should recognize depreciation expense in Year 2 in the amount of:
A. $5,500 B. $10,000 C. $9,250 D. $5,000 E. $20,000