When WorldCom Used Intentional Accounting Irregularities to Make the Company

question 269

Multiple Choice

When WorldCom used intentional accounting irregularities to make the company look more profitable than it actually was,it:

• A)Provided its stockholders profit through a tax-loophole.
• B)Acted in an acceptable business manner.
• C)Engaged in illegal behavior.
• D)Executed its responsibility to its owners.

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Definitions:

Berlin

The capital and largest city of Germany, known for its cultural heritage, historical significance, and role in world politics.

Fourteen Points

A statement of principles for peace that was to be used for peace negotiations in order to end World War I, proposed by U.S. President Woodrow Wilson.

Woodrow Wilson

The 28th President of the United States (1913-1921) known for leading the country during World War I and advocating for the League of Nations.

Peace

A state or period in which there is no war or any other kind of conflict, often associated with tranquility, harmony, and the absence of hostility.