Which of the following statements is false? An organization cannot be prosecuted for bribery committed by non-manager employees. What is the value of gift over and above of which n... Which of the following statements is false? An organization cannot be prosecuted for bribery committed by non-manager employees. What is the value of gift over and above of which needs to be reported to HR or the Gift Committee?
Understand the Problem
The question is asking about the applicable regulations regarding bribery, gifts, and reporting practices within an organization, specifically which statements are false and the value of gifts that need to be reported.
Answer
False statement: 'An organization cannot be prosecuted for bribery committed by non-manager employees.' Gift value: 'Rs. 2,000 for all staff.'
The statement that is false is: 'An organization cannot be prosecuted for bribery committed by non-manager employees.' For the gift reporting value question, the correct answer is 'Rs. 2,000 for all staff.'
Answer for screen readers
The statement that is false is: 'An organization cannot be prosecuted for bribery committed by non-manager employees.' For the gift reporting value question, the correct answer is 'Rs. 2,000 for all staff.'
More Information
Under anti-bribery laws, organizations can indeed be held accountable for bribery actions conducted by any employee, including non-managers.
Tips
A common mistake is assuming only managerial level employees' actions can lead to prosecution. All employee actions can be subject to legal scrutiny.
Sources
AI-generated content may contain errors. Please verify critical information
