Which of the Following Was Not a Conflict of Interest

question 15

Multiple Choice

Which of the following was not a conflict of interest that Arthur Andersen's personnel encountered?

• A)Auditing their own work as SPE consultants
• B)Losing a very large client
• C)A partner reviewed another partner's work
• D)Internal debates about Enron's questionable accounting treatments were not discussed with the audit committee
• E)Audit staff leaving the firm to work for Enron

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Definitions:

Hear Out

The act of listening to someone fully and attentively, giving them an opportunity to explain or describe something thoroughly.

Teleconferencing

A means of exchanging information much like a conference call, except everyone can see and hear each other at the same time. All are linked by way of telecommunications equipment.

Participants Locations

The geographical locations or settings where participants of a study or event are based or originate from.

Heat Technique

A method used to apply heat for therapeutic purposes, such as relieving pain or muscle stiffness.