In General Terms, WorldCom Overstated Its Reported Net Income By

question 19

Multiple Choice

In general terms, WorldCom overstated its reported net income by:

• A)Generating false expenses
• B)Booking false revenue
• C)Capitalizing line costs
• D)Amortizing line costs quicker than allowed under GAAP
• E)Recognizing future period's revenue

---

Definitions:

Epidermis

The outermost layer of the skin that provides a waterproof barrier and creates our skin tone.

Bluish

Describing a blue tint or discoloration, often associated with a lack of oxygen in the blood or poor circulation, which can be a sign of underlying health issues.

Oxygen

A chemical element (O) necessary for most forms of life to carry out cellular respiration.

Herpes

A viral infection characterized by the eruption of small blisters on the skin or mucous membranes, particularly around the mouth or genitals.