In order to build large production units and expedite certain routine government actions related to this, Scorpius Inc. made legal payments to the government officials of a host nation. Such payments are typically referred to as:

A. bribes.
B. speed money.
C. customs duties.
D. excise taxes.
E. preferred dividends.

b. speed money

Explanation:

Speed money -

It refers to the amount of money provided in order to increases the time period of any process or task , is referred to as speed money .

It is also known as grease payments .

It is different from the bribe , as bribe is given in order to approve the activity or task .

But speed money is used to hasten the time period .

Hence , from the given question ,

The correct answer is speed money .

n

explanation:

urban company reports the following information regarding its production cost: units produced 37,000 units direct labor $ 30 per unit direct materials $ 35 per unit variable overhead $ 237,000 in total fixed overhead $ 127,000 in total