As dealt with by the Foreign Corrupt Practices Act, how does a “facilitating payment” differ from a “bribe”?
a. A bribe involves a monetary payment; a facilitating payment does not
b. A facilitating payment does not try to compel someone to act against their own job
description; a bribe does.
c. Facilitating payments are targeted at government entities and employees; bribes are not.
d. A facilitating payment incurs lower legal penalties than a bribe.
b. A facilitating payment does not try to compel someone to act against their own job
description; a bribe does.
You might also like to view...
A company entered into a 2-month contract for $50,000 on April 1. It earned $25,000 of the contract services in April and billed the customer. The company should recognize the revenue when it receives the customer's check.
Answer the following statement true (T) or false (F)
Answer the following statements true (T) or false (F)
1. When computing the present value, the interest rate will vary depending on the amount of risk. Riskier investments, such as FDIC-insured bank deposits, command higher interest rates. 2. When computing the present value, the interest rate will vary depending on the amount of risk. Safer investments, such as FDIC-insured bank deposits, yield lower interest rates. 3. Discounted cash flow methods incorporate compound interest by assuming that companies will reinvest future cash flows when they are received. 4. Net present value is defined as the difference between the present value of the investment's net cash inflows and the investment's initial cost. 5. Management's minimum desired rate of return on a capital investment is known as the return on investment.
Choudhury Corporation is considering the following three investment projects (Ignore income taxes.): Project HProject IProject JInvestment required$11,000 $53,000 $89,000 Present value of cash inflows$12,980 $61,480 $96,120 The only cash outflows are the initial investments in the projects.Required:Rank the investment projects using the project profitability index.
What will be an ideal response?
Which of the following types of risk lend themselves well to self-insurance?
A) Car insurance and earthquake insurance B) Workers' compensation and car insurance C) Workers' compensation and health insurance D) Health insurance and earthquake insurance