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3 years ago

LO 1.4The law that specifically prohibits payments to foreign officials in order to attain business is knowns as ________.

Business

1 answer:

dangina [55]3 years ago

7 0

Answer:

FCPA

Explanation:

The Foreign Corrupt Practices Legislation (FCPA) is indeed a U.S. law enacted in 1977 which forbids U.S. companies and persons from bribing foreign governments to secure a business transaction. The FCPA does not impose a minimum number for a corruption transaction fine. The Foreign Bribery and corruption Law also describes the accountability directives that are needed.

The act relates to global acts aimed at deterring bribery and authority misuse. The jurisdiction of the FCPA encompasses the supervision of publically traded corporations ' acts and also their executives, staff, owners, representatives, and staff.

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Clayborn Company deposits all cash receipts on the day they are received and makes all cash payments by check. At the close of b

Kazeer [188]

Answer:

Adjusted cash balance : $25850

Explanation:

The goal of a reconciliation statement is to ascertain the differences between the banks records and the depositor’s records and make accounting changes as deemed appropriate. There is a general flow that is used to make the correcting entries:

1. The process flow starts with the bank’s ending cash balance

2. Add any deposits made by the company to the bank that are in transit

3. Deduct any cheques that are uncleared by the bank

4. Add or deduct any other differences available as necessary

5. In the company bank records, once again start with the ending balance

6. Add interests earned

7. Deduct any bank service fees, penalties and NSF (Non-Sufficient Funds) cheques.

8. Add or deduct any other differences available as necessary

At the end of this process, it is likely that both accounts would be equal and tally.

Please refer attached table for details on the calculation.

6 0

3 years ago

Bear Publishing sells a nature guide. The following information was reported for a typical month: Total Per Unit Sales $ 17,600

avanturin [10]

Answer:

Instructions are below.

Explanation:

Giving the following information:

Sales= $17,600 ($16.00 selling price per unit)

Contribution margin 7,920

Fixed expenses 3,600

First, we need to calculate the unitary contribution margin:

Units sold= 17,600/16= 1,100 units

Unitary contribution margin= 7,920/1,100= $7.2

Now, using the following formulas, we can calculate the break-even point in units and dollars:

Break-even point in units= fixed costs/ contribution margin per unit

Break-even point in units= 3,600/7.2= 500 units

Break-even point (dollars)= fixed costs/ contribution margin ratio

Break-even point (dollars)= 3,600/ (7.2/16)

Break-even point (dollars)=$8,000

7 0

3 years ago

Household consumers are the most conspicuous audience in that most mass media advertising is directed at them. T/F

elena-14-01-66 [18.8K]

Answer:

The correct answer is True.

Explanation:

Local advertising is of capital importance, especially for those who want to spread their business in specific cities or geographic regions.

With word of mouth advertising, you can surely get your business to reach different cities; but not at the speed that is required to recover the investment invested.

Businesses that have a local advertising plan will be able to bring their products and / or services to potential customers located in the target geographic area and increase their recognition as a local brand.

We are sure you have heard the following quotes; <em>"The best publicity is what satisfied customers do"</em> by Philip Kotler, and "What helps people helps business" by Leo Burnett

So why is local advertising important? Business owners have asked themselves this question for years, and the answer is really quite simple ... To get attention, direct traffic to your business and close sales.

6 0

3 years ago

The risks of vertical integration include all of the following EXCEPT: a. costs and expenses associated with increased overhead

aleksandrvk [35]

Answer: Lack of control over valuable assets

Explanation: In simple words, vertical integration refers to a process under which an organisation combines two or more stages of production which were previously performed by any other company.

The vertical integration is done where the company wants to get more hold on its supply chain with the ultimate objective of having better control over valuable assets.

Hence from the above we can conclude that the correct option is C.

5 0

3 years ago

Prime Cuts was the brainchild of Karen Terrier, who guided all the marketing efforts of the product. She made the decisions rega

gulaghasi [49]

Answer: Brand manager

Explanation: It is most likely that Karen serves in the job of brand manager as she is directly responsible for all the elements of the marketing mix (package, brand name, pricing, promotion and placement) for one brand or one product line. A brand manager is defined as one who is responsible for ensuring that the products, services and product lines of a company or business adapts to its target market. They continuously monitor marketing trends while keeping watch on competitive products in the marketplace or industry.

5 0

3 years ago