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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]2 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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Hardigree Corporation makes a product that has the following direct labor standards: Standard direct labor-hours 0.3 hours per u

djyliett [7]

Answer:

4,140 U

Explanation:

According to the scenario, calculation of the given data are as follows,

Actual Hours = 2,820 hours

Standard rate = $23 per hour

Standard direct labor hour = 0.3 hours

We can calculate labor efficiency variance by using following formula,

Labor Efficiency Variance = Actual hours standard cost - Standard cost

Where, Actual hours standard Cost = Actual hours × Standard rate

= 2,820 × 23

= 64,860

Standard Cost (8,800 units) = Standard hours (8,800 units) × Standard rate

= (8,800 × 0.3) × 23

= 60,720

Hence, by putting the value in the formula, we get

Labor Efficiency Variance = 64,860 - 60,720

= 4,140 U

8 0

2 years ago

Ralph’s Hardware updated its accounting system and agreed to purchase a computer system from a manufacturer, Bits and Bytes (BB)

Andrej [43]

Given:
Fact 1: During contract negotiations, BB’s sales representative promised that the system was “A-1” and “perfect.”
Fact 2: The written contract, which the parties later signed, disclaimed all warranties, express and implied.
Fact 3: After installation the computer produced only random numbers and letters, rather than the desired accounting information

The express warranty is given in Fact 1 where the Sales Rep promised that the system was "A-1" and "perfect". There is a breach in express warranty here IF the written contract also expresses the same promises.

However, the written contract disclaimed all warranties, express and implied. AND BOTH PARTIES SIGNED THIS CONTRACT. It implies that the buyer has read through the contract and has agreed with what is written in the contract. Thus, they can't file a suit against BB for breaching an express warranty since the written and signed contract has already disclaimed all warranties.

4 0

3 years ago

According to the Investment Company Act of 1940, the definition of "investment company" could include which of the following

kicyunya [14]

Answer:

Option (B) is the right answer.

Explanation:

According to the investment company Act of 1940, the investment companies are those companies whose main business is to gathers investment capital to invest them in marketable securities.

Hence According to the scenario, the most appropriate answer is option (B).

While the other option is incorrect because of the following reason:

Brokers/dealers can not be considered as an investment company because they are not the company.

Pooled investments in metals are not an investment company but considered as the commodity pool.

Insurance companies are also not investment companies.

7 0

3 years ago

[7×(2+3)]-20= ? This is a grouping symbols math. This one is hard.

malfutka [58]

First solve the inner parenthesis.

[7 * (5)] - 20

Solve what is in the parenthesis.

35 - 20= 15

Hope this helps!

7 0

3 years ago

Read 2 more answers

g At the beginning of the month, the Forming Department of Martin Manufacturing had 22,000 units in inventory, 30% complete as t

Liula [17]

Answer:

62,000 units

Explanation:

Calculation to determine how many units did the Forming Department start and complete in the current month

Total units completed and transferred 84,000 units

Less Inventory at the beginning of this month 22,000 units

Units Forming Department started and completed in the current month 62,000 units

(84,000 units-22,000 units)

Therefore The number of units that the Forming Department started and completed in the current month is 62,000 units

7 0

3 years ago