Arthur Andersen's (The Accounting Firm That Audited Enron's Finances) Failure

question 56

Multiple Choice

Arthur Andersen's (the accounting firm that audited Enron's finances) failure to catch problems at Enron

• A)may have been motivated by future high-revenue consulting services with Enron.
• B)was due to Andersen's inability to hire good talent.
• C)probably was based on restrictive accounting regulations that limit access to information.
• D)was proven to be part of a larger white-collar crime ring.
• E)stemmed from Andersen's interest in Enron's failure.

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