1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Natasha_Volkova [10]
3 years ago
13

Elevators, Inc. does considerable business overseas for high-rise luxury hotels. To speed up the building permit process, it aut

horized a project manager to pay a government official a "fee" in the amount of $500. It is common practice in the foreign country for government officials to accept a "fee" to expedite processes. In doing so, has Elevators, Inc. broken United States law? Select one
Business
1 answer:
AleksAgata [21]3 years ago
3 0

Answer:

No, Elevators, Inc. has not broken the law because payment was made in United States currency.

Explanation:

It operates a substantial business abroad for high-end luxury hotels. It authorized a project manager to "charge" a government official a charge of 500 for speeding up the building permit process. so

  • Under the law, it is illegal to bribe foreign officials to get business. But there is an exception to "facilitation payments", also known as grease payments made to speed up general government functions.
  • Flexible payments can be used to persuade government officials to perform work that is already being done. Although many have argued that such payments are important for their operations in some areas, such as Asia and Africa, the difference between facility payment and bribery remains unclear.

You might be interested in
XYZ Zippers, Inc. wants to develop a new sales system that account executives can access over the Internet with a back-end custo
DanielleElmas [232]

Answer:

A programmer, a web designer, and a data analyst.

Explanation:

The programmer creates the sales system application. He will integrate key functionalities in the new software that will meet the companie's unique need.

The we designer will create a website that will give easy access to the newly developed sales system application. This will also involve content creation and user interface creation.

Data analyst will be in charge of managing client's data. Making sure data is secure and in a form that can be easily accessed and used.

5 0
3 years ago
Cost behavior refers to the methods used to estimate costs for use in managerial decision making. True False
bazaltina [42]

Answer:

True

Explanation:

It's A.A because it makes more sense then b Falsehood

8 0
2 years ago
On April 1, Townsley Company sold merchandise with a selling price of $10,000 on account to Trout Company, with terms 3/10, n/30
mamaluj [8]

Answer and Explanation:

The journal entry is shown below:

Cash $8,730

Sales Discount ($9,000 × 3%) $270

       To Accounts receivable $9,000 ($10,000 - $1,000)

Here cash and sales discount is debited as it increased the assets and discount while on the other hand the account receivable should be credited as it reduced the assets  

3 0
2 years ago
Knowledge Check 02 On February 28, the Jewelry store remits $975 of sales tax collected from its customers to the government. Pr
kodGreya [7K]

Answer:

Please refer to the below

Explanation:

Journal entry as seen below

Feb 28 Sales tax payable Dr $975

Cash Cr $975

Since Jewelry store collected the sales tax from its customers, sales tax account will be debited because it reduces the balance in the account while cash account will be credited because the balance therein increases due to the sales tax collected.

7 0
3 years ago
The Worthingtons love to travel, so when they retired they sold their house and purchased a motor home valued at $165,000. They
LUCKY_DIMON [66]

Answer:

The correct answer is option B.

Explanation:

The Worthingtons have a motor home valued at $165,000.

Their car is worth $32,000.

They have investments worth $200,000.  

Their savings is worth $20,000.

They have medical bills worth $1,300.

Their credit card balance is $3000.

Their net worth will be

= Assets - Liabilities

= $(165,000 + $32,000 + $200,000 + $20,000) - $(1,300 + 3000)

= $417,000 - $4,300

= $412,700

3 0
3 years ago
Other questions:
  • He type of company that sells securities specializing in real estate ventures, and requires a minimum of 100 investors, is known
    9·1 answer
  • A business received an offer from an exporter for 10,000 units of product at $13.50 per unit. The acceptance of the offer will n
    15·1 answer
  • Sophie, the cfo of slolum ski supplies, received a watch from one of her company's largest vendors, colorado ski shoppe. she rec
    9·1 answer
  • As you get older, a Target Date Fund will adjust by…
    9·1 answer
  • Holmes Company produces a product that can either be sold as is or processed further. Holmes has already spent $50,000 to produc
    14·1 answer
  • Does lean management ignore some perspectives of organizational effectiveness? if so, what are the unintended consequences of th
    6·1 answer
  • From President Abraham Lincoln's perspective, the decision to wage a civil war against the southern states is best summarized in
    7·1 answer
  • Atlas industries combines the smaller investment proposals from each operational unit into a single project for planning purpose
    8·1 answer
  • A firm receives the proceeds from the sale of its securities in the _________________ market. over-the-counter secondary New Yor
    12·1 answer
  • Match each type of employment with its definition (2 points)
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!