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1) Which of the following violates the Foreign Corrupt Practices Act (FCPA)?
A U.S. company bribes a government official in order to influence a governmental decision.
A publicly traded company that does not engage in international trade refuses to allow its
company records to be inspected by U.S. officials.
A U.S. company promises to pay a bribe to a foreign company but is unsuccessful in gaining any
benefits from that company.
A U.S. company revises its financial statements to hide a payment made to a government official
in another country.
All of the above violate the Foreign Corrupt Practices Act (FCPA).
2) True or False: The FCPA applies only when I am in a foreign country.
True
False
3) According to the reading Baker Hughes Foreign Corrupt Practices Act , for many years after
the FCPA was implemented in the U.S., other nations were resistant. However, in the 1990s,
international sentiment about corruption began to change due to which of the following
factor(s)?
Many nations were caught in high-profile scandals involving the bribery of public officials.
The World Bank's decision to blacklist governments who were found to participate in large-scale
corruption from receiving future loans.
A growing body of academic literature clearly demonstrated the link between political corruption
and reduced economic growth.
A and C
A, B, and C
4) After an internal investigation, Baker Hughes implemented which of the following changes?
Choose the best answer.
Eliminated the role of agents completely.
Put in tight controls and parameters, including audits.
Increased the frequency and amount of facilitating payments.
Required division managers to perform due diligence only if they noticed red flags after the
agents have started.
5) True or False: Law affects every aspect of a business. As such, a failure to implement
appropriate legal measures to prevent collusion can hinder firms from fully realizing the benefits
of the other resources they control.
True
False

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1) Which of the following violates the Foreign Corrupt Practices Act (.pdf

  • 1. 1) Which of the following violates the Foreign Corrupt Practices Act (FCPA)? A U.S. company bribes a government official in order to influence a governmental decision. A publicly traded company that does not engage in international trade refuses to allow its company records to be inspected by U.S. officials. A U.S. company promises to pay a bribe to a foreign company but is unsuccessful in gaining any benefits from that company. A U.S. company revises its financial statements to hide a payment made to a government official in another country. All of the above violate the Foreign Corrupt Practices Act (FCPA). 2) True or False: The FCPA applies only when I am in a foreign country. True False 3) According to the reading Baker Hughes Foreign Corrupt Practices Act , for many years after the FCPA was implemented in the U.S., other nations were resistant. However, in the 1990s, international sentiment about corruption began to change due to which of the following factor(s)? Many nations were caught in high-profile scandals involving the bribery of public officials. The World Bank's decision to blacklist governments who were found to participate in large-scale corruption from receiving future loans. A growing body of academic literature clearly demonstrated the link between political corruption and reduced economic growth. A and C A, B, and C 4) After an internal investigation, Baker Hughes implemented which of the following changes? Choose the best answer. Eliminated the role of agents completely. Put in tight controls and parameters, including audits. Increased the frequency and amount of facilitating payments.
  • 2. Required division managers to perform due diligence only if they noticed red flags after the agents have started. 5) True or False: Law affects every aspect of a business. As such, a failure to implement appropriate legal measures to prevent collusion can hinder firms from fully realizing the benefits of the other resources they control. True False