Which of the Following Is True with Regard to the Foreign

question 30

Multiple Choice

Which of the following is true with regard to the Foreign Corrupt Practices Act (FCPA) ?

• A) The FCPA prohibits payments to private businesses.
• B) Under the FCPA, it is lawful to offer gifts to influence a decision of a company.
• C) The FCPA does not provide imprisonment for an individual making a payment or offer covered by the act.
• D) The FCPA makes bribery of foreign officials, political parties, candidates for office, and public international organizations a criminal offense.

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Definitions:

Machine-hours

A measure of production activity that quantifies the total hours that machinery is in operation during a given period.

Manufacturing Overhead

All indirect costs related to the manufacturing process, including materials, labor, and expenses not directly tied to the production of goods.

Predetermined Overhead Rate

An estimated rate used to allocate manufacturing overhead to products based on a certain activity, like labor hours or machine hours.

Direct Labor-hours

The sum of working hours of employees directly engaged in producing goods.