Which Action Was a Key Element in the WorldCom Audit

question 36

Multiple Choice

Which action was a key element in the WorldCom audit fraud case?

• A) Recording bartered exchange transactions as revenue.
• B) Overstating cash by falsely recording cash held at major banks.
• C) Recognizing revenue on the sale of impaired assets.
• D) Concealing large losses related to securities investments.

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