How to calculate payment of expenses, Financial Management

How to calculate payment of expenses:

SAIB, LLC is a US company that provides cell phone and internet service; it seeks to expand its international operations into Kyrgyzstan.  The US Ambassador in Kyrgyzstan introduces SAIB to a delegation from Kyrgyzstan and SAIB agrees to form a joint venture with a Kyrgyzstan private company.  It applies to the Kyrgyzstan government for licenses to set up the latest 4G LTE wireless towers in Bishkek, but its applications are met with resistance and questions about the company.  To answer some of those questions, SAIB invites a government delegation to its plant in the US to tour its operations and to demonstrate its software and hardware.  It pays for the airfare (first class), hotels (4-star), transportation and meals for the delegation including the spouses of three high level government officials. 

While in the US, two of the government officials indicate they have always wanted to go to Disneyland.  SAIB offers to pay for their trip (and their spouse's expenses) for a 3-day visit to Disneyland. Three months later, SAIB's applications are approved, and shortly thereafter, SAIB is importing the electronics, hardware and software to begin construction. 

To expedite the processing in Customs and keep the project on schedule, it pays the Customs' Officials about $300 each time a shipment arrives in Kyrgyzstan.  Further, in order to maintain a good relationship with its Kyrgyzstan partner, SAIB gives it $500,000 to cover expenses and other miscellaneous issues that might come up during the project.

  1. Explain whether SAIB's expenses to bring Kyrgyzstan officials to tour its plant in the US violate the FCPA.
  2. Explain whether SAIB's payment of expenses for the trip to Disneyland violates the FCPA
  3. Explain whether SAIB's payment to the Customs Official violates the FCPA.
  4. Explain whether SAIB's decision to give $500,000 to it Kyrgyzstan partner violates the FCPA.
Posted Date: 2/14/2013 7:03:04 AM | Location : United States







Related Discussions:- How to calculate payment of expenses, Assignment Help, Ask Question on How to calculate payment of expenses, Get Answer, Expert's Help, How to calculate payment of expenses Discussions

Write discussion on How to calculate payment of expenses
Your posts are moderated
Related Questions
Duration is good measure while estimating the percentage price change for a small change in interest rates but the estimation becomes inferior with the larger cha

How can secondary market organised the exchanges and over the counter markets? Exchanges and over-the-counter (OTC) markets: Secondary markets can be organised by exchanges

The distinct features of CDs are: CD is a document of title to a time deposit and is distinct from conventional time deposit with respect to negotiability and marketability.

Your firm has presently issued five year floating-rate notes indexed to six-month U.S. dollar LIBOR plus 1/4%.  What is the amount of first coupon payment your organization will pa

Q. Example to show the companys current gearing? The company's current gearing 2000/ 8500 × 100 = 23.53% The current gearing position is on the low side particularly wh

You have the following information about rates in London for Eurocurrency loans of one-year duration, the exchange rate between the USD and euros, the currency in which you want fi

Will you please give the defination of "Future Value Of An Annuity"?

ICQ's designed to: Identify possible areas of weakness. Discover existence of internal controls. Questions are framed to highlight situations where: NO su

Consider a mortgage example to nance the purchase of a house or flat. You may use a real example or create a ctitious one. Search for di erent types of mortgages currently on o e

Q. Show Factors influencing participation? Factors influencing participation: several research studies have shown that the intensity of participation depends on four factors.