Which of the following does NOT violate the Foreign Corrupt Practices Act?
A)a U.S. company bribes a government official in order to influence a governmental decision.
B)A publicly traded company that does not engage in international trade refuses to allow its company records to be inspected by U.S. officials.
C)A U.S. company promises to pay a bribe to a foreign company, but is unsuccessful in gaining any benefits from that company.
D)A company allows a grease or facilitating payment for a routine governmental action.
D
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Lifetime customer value refers to:
A) the present value of the total revenue that can be produced by a customer. B) actual value of the total revenue that can be produced by a customer. C) the total number of products purchased by a customer in his lifetime. D) actual value of the total profit that can be produced by a customer.
According to the text, surveys are the primary means of obtaining information about consumers' motives, attitudes, and preferences
Indicate whether the statement is true or false
When an IC hires and trains local, host-country people, the IC often
A. encourages their transfer, causing brain drain. B. overtrains them to IC culture-based standards. C. pays them too much and creates inflation. D. may lose them to local firms or other ICs once they are trained.
On January 1, Year 2, Kincaid Company's Accounts Receivable and the Allowance for Doubtful Accounts carried balances of $62,600 and $1100, respectively. During Year 2, Kincaid reported $148,000 of credit sales, wrote off $1150 of receivables as uncollectible, and collected cash from receivables amounting to $154,500. Kincaid estimates that it will be unable to collect one percent (1%) of credit sales.What is the net realizable value of receivables that will be reported on Kincaid's Year 2 balance sheet?
A. $56,100 B. $53,470 C. $53,520 D. $54,950