Which of the Following Statements About Bribery Is Most Accurate

question 15

Multiple Choice

Which of the following statements about bribery is most accurate?

• A)Bribes, kickbacks, and payoffs offered to entice someone to commit an illegal or improper act are deemed corrupt in some cultures but not in others.
• B)The world's major exporting nations have agreed to make bribery of foreign government officials a national offense.
• C)Bribery paid to foreign companies is in some cases, a tax-deductible expense in the United States.
• D)It is a crime for U.S.corporations to bribe an official of a foreign government or political party unless preapproved by the U.S.judiciary.
• E)It is illegal for a U.S.corporation to bribe an official of a foreign government or political party to obtain or retain business in a foreign country.

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Definitions:

Capacity Utilization

A measure of how much of a firm's or economy's productive capacity is being used, typically expressed as a percentage.

Consumption

Consumption of goods and services within a household.

Disposable Income

Net financial assets for households dedicated to spending and saving, subsequent to income tax reductions.

Credit Availability

The ease with which individuals and businesses can obtain loans and other forms of credit from financial institutions.