Company a a us company has asubsidiary located in country z

Assignment Help Accounting Basics

Reference no: EM13611293

Company A, a US company, has asubsidiary located in Country Z, where various forms of bribery areaccepted and expected. To oversee the operations of the subsidiary,Company A sent one of its top US managers to Country Z. Manager Mengaged in the following activities while in Country Z duringrecent months operations:

a. Paid the equilvalent of $200 toa government inspector to reschedule the inspection date of a newmanufacturing facility from April 15 to Feb 15

b. Paid an average of $50 each tofour local police officers who are in charge of patrolling the areaaround the new manufacturing facility. The officers have agreed toincrease the number of times they check the area.

c. Company N, a domestic company,is in competition with Company A for a government contract. CompanyA has learned that N has given approximately $5,000 to the officalwho will make the final contract decesion. To remain in therunning, manager M authorized Company A to pay an equal amount tothe offical.

d. The electric utilities aregovernment owned and operated. Due to the frequency of severestorms, there are often power outages due to downed lines. ManagerM has paid the offical in charge repair crews $200 to ensure that the manufacturing plant's power is one of the firstrestored.

Under the Foreign CorruptPractices Act. as amended, which of the above is consideredillegal?

From an operations standpoint,which of the above would be considered bad managementpractice?

Are there solutions other thenbribery?

Reference no: EM13611293

Questions Cloud

Evaluate the maximum possible efficiency actual : consider the ocean thermal energy conversion system given in the lecture notes. also take into consideration that 30 of

In 2008 acme company has sales of 10000 units at10 each : in 2008 acme company has sales of 10000 units at10 each variable costs totaling 20000 and fixed costs of30000. in 2009

New equipment was purchased by tignor corporation at a list : new equipment was purchased by tignor corporation at a list price of 98000 with credit terms of 210 n30. payment was

The potential difference between the accelerating plates : the potential difference between the accelerating plates of a tv set is about 25 kv. if the distance between the plates

Company a a us company has asubsidiary located in country z : company a a us company has asubsidiary located in country z where various forms of bribery areaccepted and expected. to

A uniform electric field of magnitude 355 nc pointing in : a uniform electric field of magnitude 355 nc pointing in the positive x-direction acts on an electron which is

Compute the payback period for each of these two separate : compute the payback period for each of these two separate investments1. a new operating system for an existing machine

The rest exits through a diameter of 15 m with a pressure : steam at 80 bar 440oc enters a turbine at 1operating at steady state with a volumetric flow rate of 236 m3min. twenty

Frisby technologieshas recieved a notice of default from 2 : frisby technologieshas recieved a notice of default from 2 of its securied creditors.damad holdings ag amp bluwat ag

User Account

All Pages