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:

Base Amount

The initial sum of money or reference value from which calculations or comparisons are made.

Net Sales

Net sales are the total revenue from goods or services sold by a company, minus returns, allowances for damaged or missing goods, and discounts.

Average Accounts Receivable

The average amount of money owed to a company by its customers for goods or services provided on credit, over a specific period.

Acid-test Ratio

A financial ratio that measures a company’s ability to pay off its short-term liabilities with its quick assets, offering insight into financial stability.