What is Corruption: Anti-Corruption and Compliance Quiz Answers

All Week What is Corruption: Anti-Corruption and Compliance Quiz Answers

What is Corruption: Anti-Corruption and Compliance Week 1 Quiz Answers

Quiz 1: Module 1 Quiz

Q1. True or False: Corruption is defined as systematic illegal activity in a community, country, or region.

  • T​rue
  • F​alse

Q2. A quid-pro-quo where goods or services are exchanged for some sort of political support is called:

  • Nepotism
  • Cronyism
  • Clientelism 
  • Corruption 

Q3. Which of the following does not constitute corruption? (Hint: There are 2 correct answers.)

  • A government official accepts a golf membership from a company in exchange for special regulatory treatment. 
  • A lawyer accepts expensive concert tickets from a company as a thank you for helping it win a recent lawsuit. 
  • A politician hires a close friend as chief advisor even though the friend has no relevant education or experience. 
  • A government’s customs bureau charges all companies a flat fee in exchange for expediting the shipping of goods. 

Q4. True or False: Though corruption is not uncommon in China, the government officials appointed to investigate it have proven to be effective.

  • T​rue
  • F​alse

Q5. W​hich of the following is not a downside of corruption?

  • L​oss of investments that would have created revenue for the country
  • L​oss of employment opportunities for citizens
  • L​oss of tax revenue
  • L​oss of administrative positions

What is Corruption: Anti-Corruption and Compliance Week 2 Quiz Answers

Quiz 1: The FCPA

Q1. True or False: The FCPA applies to parties beyond those living in the United States.

  • T​rue
  • F​alse

Q2. True or False: Under the FCPA, a company’s failure to implement an effective anti-corruption compliance program is a crime.

  • T​rue
  • F​alse

Q3. True or False: Facilitation payments are an affirmative defense to the FCPA.

  • T​rue
  • F​alse

Q1. Which of the following is true about corruption in the United States?

  • Individuals who engage in corruption are unlikely to be prosecuted. 
  • Individuals who engage in corruption are likely to be prosecuted. 
  • Though the U.S. government used to focus on prosecuting individuals for engaging in corruption, they now focus on fining the overall corporation instead. 
  • Answer Choices 1 and 3

Q2. True or False: Before the FCPA was enacted, most countries dealt with corruption internally.

  • T​rue
  • F​alse

Q3. Which type of liability is not carried by the FCPA?

  • Civil charges for failing to maintain a full set of accurate books and records and have internal accounting controls. 
  • Criminal liability for knowingly falsifying a company’s financial books and records
  • Liability for commercial bribery 
  • Criminal liability for bribing a U.S. government official

Q4. Which of the following parties is generally not subject to liability under the FCPA? (Hint: There are 2 answers.)

  • A foreign affiliate of a U.S. company 
  • A company that has securities registered in the U.S. 
  • An American businessman who purchased concert tickets for a Chinese government official in the hopes of currying favor
  • An individual without any nexus to the U.S. 

Q5. W​hich of the following might an executive or company face after it is found to have engaged in corruption? (Hint: There are 3 correct answers).

  • F​inancial difficulties
  • C​ivil penalties
  • A​rbitration of disputes
  • C​riminal penalties

What is Corruption: Anti-Corruption and Compliance Week 3 Quiz Answers

Quiz 1: Potential Warning Signs

Q1. True or False: To comply with anti-corruption laws, a company’s gift and entertainment policy should ban all entertainment of government officials.

  • T​rue
  • F​alse

Q2. Which of the following is not one of the primary s companies must ask themselves when conducting a risk assessment?

  • Are you using third parties? 
  • Where are you conducting business? 
  • Who is associated with the business or investment you are, or will be involved with? 
  • What is the cost of the due diligence required to conduct the risk assessment? 

Q3. True or False: A company interviews a third party vendor that requests payment in an amount substantially higher than the market rate for comparable services. Because this constitutes a warning sign for corruption, the company should not work with the vendor under any circumstances.

  • T​rue
  • F​alse

Q1. True or False: Generally, it is not a good idea to train all employees on a company’s anti-corruption policies and procedures.

  • T​rue
  • F​alse

Q2. True or False: Different departments within a company will require different types of anti-corruption training.

  • T​rue
  • F​alse

Q3. Which of the following is true about the delivery of an anti-compliance training program?

  • Training should be conducted by an external lawyer or expert in the field.
  • The exclusive use of web-based training sessions is common and advisable.
  • Employees should be trained more than once.
  • Training sessions should be sufficiently lengthy so that employees understand the gravity of the information conveyed. 

What is Corruption: Anti-Corruption and Compliance Week 4 Quiz Answers

Quiz 1: Other U.S. Anti-Corruption Laws

Q1. T​rue or False: The federal bribery statute makes it a crime for a corporate official to receive or accept anything of value in exchange for being influenced in the performance of any official act.

  • T​rue
  • F​alse

Q2. I​n McDonnell v. United States, the Supreme Court held that an “official act” does not include setting up a meeting, talking to another official, or organizing an event.

  • T​rue
  • F​alse

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What is Corruption: Anti-Corruption and Compliance Quiz Answers

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We are Team Networking Funda, a group of passionate authors and networking enthusiasts committed to sharing our expertise and experiences in networking and team building. With backgrounds in Data Science, Information Technology, Health, and Business Marketing, we bring diverse perspectives and insights to help you navigate the challenges and opportunities of professional networking and teamwork.

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