The intent of the Foreign Corrupt Practices Act is to
A. function as a barrier to trade by giving U.S. businesses an advantage of transparency.
B. penalize developing economies, where functionaries often compensate for their poor salaries by levying small personal taxes.
C. export cultural arrogance by asserting that the U.S. practice of business is more transparent than in other countries.
D. reduce corruption and thereby make the costs of doing business transparent.
Answer: D
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How many of the four capitalization tests of SFAS No. 13 must be met for a lease to be capitalized?
a. One b. Two c. Three d. Four
A managerial accountant can achieve professional status by becoming a:
a. Certified Licensed Underwriter. b. Certified Tax Accountant. c. Certified Internal Auditor. d. Certified Financial Accountant. e. Certified Management Accountant.
In selecting investments consistent with your goals, you should consider
A) rates of return and taxes only. B) the pre-tax rate of return only. C) annual dividends and taxes only. D) risks, returns, and taxes.
Answer the following statement(s) true (T) or false (F)
6. Beginning with behavior changes in an organization will eventually lead to shifts in attitudes and beliefs which will affect a company’s overall values 7. Leadership should take the form of personality orientation rather than the form of specified roles and behaviors. 8. The paradox of planned organizational change involves the dichotomy of being easy and difficult. 9. The University of Phoenix, who sponsors the stadium named for it in which the Arizona Cardinals play football, is an excellent example of an institution of higher education that is exclusively in the nonprofit sector. 10. Strategic versus operational type of organization change is mutually exclusive.