Which of the following is not a main provision of the Foreign Corrupt Practices Act of 1977 (FCPA)?
a. No U.S. person or companies that have securities listed on U.S. markets may make a payment to a foreign official for the purpose of obtaining or retaining business.
b. Companies that have securities listed on U.S. markets must make and keep financial records that accurately and fairly reflect the transactions of the company.
c. Designing and maintaining internal accounting controls is the role of internal auditors when management conducts business in a foreign country.
d. Certain payments made to an official to expedite the performance of the duties that the official would already be bound to perform are acceptable.
c
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Distorting information or negotiation events in describing them to other is a marginally ethical negotiating tactics called bluffing.
Answer the following statement true (T) or false (F)
Which of the following could not possibly be a closing entry?
a. Debit Income Summary and credit Dividends. b. Debit Income Summary and credit Retained Earnings. c. Debit Retained Earnings and credit Dividends. d. Debit Retained Earnings and credit Income Summary.
Nonvalue-adding activities
a. are unnecessary activities. b. are included in the value chain of activities. c. are all wasteful and targeted for elimination. d. add cost to a product or service but does not increase its market value
The grocery store sells several ________ (variety) of ________ (potato)
A) varietys/potatoes B) varietys/potatos C) varieties/potatoes D) varieties/potatos