Which of the Following Statements Is a Feature of the Foreign

question 5

Multiple Choice

Which of the following statements is a feature of the Foreign Corrupt Practices Act (FCPA) ?

• A)It prohibits U.S.corporations from involving in international business dealings.
• B)It prohibits U.S.corporations from making illegal payments to foreign governments.
• C)It declines prosecutions against bribery.
• D)It offers significant advantages to several U.S. businesses abroad.

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Definitions:

Bonds Payable

A long-term debt instrument issued by corporations, government agencies, and other entities to finance operations and projects, which requires repayment of the principal amount and interest.

Long-Term Liabilities

Financial obligations of a business that are due beyond one year, including bonds payable, long-term loans, and lease obligations.

Operating Cycle

The duration of time from the purchase of raw materials to the collection of receivables from the sale of the finished goods.

Estimated Liabilities

Obligations that are anticipated but not yet confirmed in terms of their exact value or timing.