Question 1

A state representative is fundraising for their next term. The state representative and the founder of an organization agree that legislation will be passed in return for the organization's contribution to the state representative's fundraiser. Which one of the following choices best describes this scenario?

Accepted Answer

A)   bribery
B)   fraud
C)   donation
D)   graft

Question 2

Which of the following acts does not apply to both public officials and private sectors?

Accepted Answer

A)   Singapore's Prevention of Corruption Act
B)   UK Bribery Act
C)   Criminal Law of the PRC
D)   OECD's Anti-Bribery Convention

Question 3

Reciprocity has both positive social impacts and which one of the following choices?

Accepted Answer

A)   positive transactional requirements
B)   negative ethical repercussions
C)   positive career boosters
D)   negative harmful uses

Question 4

What are some instances when a company may change their policy to allow the acceptance of gifts?

Accepted Answer

A)   during the holidays
B)   during times of crisis
C)   during times of staff shortages
D)   all of the above

Question 5

What does "actions of a similar nature" mean regarding exemptions to the Foreign Corrupt Practices Act?

Accepted Answer

A)   payments that are made and are viewed as legal in a foreign country
B)   payments that facilitate or expedite processes within legal bounds
C)   ignoring unethical behavior that is viewed as normal in a foreign country
D)   asking for special treatment by making payments to government authorities

Question 6

When working in another country, it can be easy to fall into the temptation to act the same way as that country's residents. What can occur in this situation?

Accepted Answer

A)   a sense of fitting in by following the foreign norms of behavior
B)   a loss of ethical boundaries when it comes to corruption
C)   ensuring that the company's well-being is at the forefront
D)   following company policies and procedures for ethical behavior

Question 7

In addition to the Foreign Corrupt Practices Act, the United States is also associated with which one of the following anticorruption guidelines?

Accepted Answer

A)   United Nations Convention Against Corruption
B)   UK Bribery Act of 2010
C)   Anti-Unfair Competition Law of PRC
D)   Clean Company Act

Question 8

Situations where bribery is likely to occur include all of the following, EXCEPT

Accepted Answer

A)   structuring a business with checks and balances that make processes a little more complex
B)   working in a career where tips and gifts are a normal part of doing business
C)   having an informal process for business transactions
D)   having a single person be in a powerful, decision-making position

Question 9

A company based in the United States wants to merge with a company in Australia. However, the U.S. company is aware of another organization in India that would like to merge with the Australian company. To win the agreement, the company has planted a mole within the competing company to gain information as to their strategy to win the merger. What form of corruption would this likely fall under within the United Nations Convention Against Corruption?

Accepted Answer

A)   bribery
B)   trading in influence
C)   abuse of Functions
D)   various acts of corruption

Question 10

When something is given in private and with an expectation, it is known as what?

Accepted Answer

A)   a tip
B)   a bribe
C)   a gift
D)   reciprocity

Question 11

All of the following are forms of corruption, EXCEPT

Accepted Answer

A)   bribery
B)   stealing
C)   fraud
D)   graft

Question 12

Any tip given during a business transaction is considered a bribe.

Accepted Answer

A)   true, because tips are not required in addition to payment
B)   false, because tips can be allowed in some instances
C)   true, because a tip is above the required payment and is a way to ask for something additional in return
D)   false, because a tip is only a bribe when it is not requested

Question 13

When countries have varied definitions for what constitutes bribery, what should an employee do to ensure appropriate behavior when working abroad?

Accepted Answer

A)   Have a clear understanding of what is allowed in the visiting country.
B)   Follow the company's policies and procedures.
C)   Use their own ethical guidelines for what is right.
D)   Do what is best for the company to achieve its goals.

Question 14

One way a company can allow for employees to give gifts when it is customary in do to so in another country is to do all of the following, EXCEPT

Accepted Answer

A)   give the employee an account for gift giving as long as it helps with the business transaction
B)   provide company-branded items to be given as gifts
C)   allow for a company-sponsored meal as a show of appreciation
D)   set limits on the value of the gift

Question 15

To which countries does the Foreign Corrupt Practices Act apply, and when must it be followed?

Accepted Answer

The Foreign Corrupt Practices Act is for...

Exam 10: Bribery and Corruption

When countries have varied definitions for what constitutes bribery, what should an employee do to ensure appropriate behavior when working abroad?

Correct Answer
verified

When working in another country, it can be easy to fall into the temptation to act the same way as that country's residents. What can occur in this situation?

Correct Answer
verified

All of the following are forms of corruption, EXCEPT

Correct Answer
verified

Any tip given during a business transaction is considered a bribe.

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Reciprocity has both positive social impacts and which one of the following choices?

Correct Answer
verified

What does "actions of a similar nature" mean regarding exemptions to the Foreign Corrupt Practices Act?

Correct Answer
verified

When something is given in private and with an expectation, it is known as what?

Correct Answer
verified

To which countries does the Foreign Corrupt Practices Act apply, and when must it be followed?

Correct Answer
verified
The Foreign Corrupt Practices Act is for...
View Answer

What are some instances when a company may change their policy to allow the acceptance of gifts?

Correct Answer
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In addition to the Foreign Corrupt Practices Act, the United States is also associated with which one of the following anticorruption guidelines?

Correct Answer
verified

Situations where bribery is likely to occur include all of the following, EXCEPT

Correct Answer
verified

Which of the following acts does not apply to both public officials and private sectors?

Correct Answer
verified

One way a company can allow for employees to give gifts when it is customary in do to so in another country is to do all of the following, EXCEPT

Correct Answer
verified

Exam 10: Bribery and Corruption

When countries have varied definitions for what constitutes bribery, what should an employee do to ensure appropriate behavior when working abroad?

Correct AnswerverifiedShow Answer

When working in another country, it can be easy to fall into the temptation to act the same way as that country's residents. What can occur in this situation?

Correct AnswerverifiedShow Answer

All of the following are forms of corruption, EXCEPT

Correct AnswerverifiedShow Answer

Any tip given during a business transaction is considered a bribe.

Correct AnswerverifiedShow Answer

Correct AnswerverifiedShow Answer

Correct AnswerverifiedShow Answer

Reciprocity has both positive social impacts and which one of the following choices?

Correct AnswerverifiedShow Answer

What does "actions of a similar nature" mean regarding exemptions to the Foreign Corrupt Practices Act?

Correct AnswerverifiedShow Answer

When something is given in private and with an expectation, it is known as what?

Correct AnswerverifiedShow Answer

To which countries does the Foreign Corrupt Practices Act apply, and when must it be followed?

Correct AnswerverifiedThe Foreign Corrupt Practices Act is for...View AnswerShow Answer

What are some instances when a company may change their policy to allow the acceptance of gifts?

Correct AnswerverifiedShow Answer

In addition to the Foreign Corrupt Practices Act, the United States is also associated with which one of the following anticorruption guidelines?

Correct AnswerverifiedShow Answer

Situations where bribery is likely to occur include all of the following, EXCEPT

Correct AnswerverifiedShow Answer

Which of the following acts does not apply to both public officials and private sectors?

Correct AnswerverifiedShow Answer

One way a company can allow for employees to give gifts when it is customary in do to so in another country is to do all of the following, EXCEPT

Correct AnswerverifiedShow Answer

Correct Answer
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Correct Answer
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Correct Answer
verified

Correct Answer
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Correct Answer
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Correct Answer
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Correct Answer
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Correct Answer
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Correct Answer
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Correct Answer
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The Foreign Corrupt Practices Act is for...
View Answer

Correct Answer
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Correct Answer
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Correct Answer
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Correct Answer
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Correct Answer
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