Which of the Following Actions Was a Key Element of the Enron

question 82

Multiple Choice

Which of the following actions was a key element of the Enron audit fraud?

• A)Capitalizing line costs rather than expensing them.
• B)Misrepresenting bribes from suppliers as a reduction of operating costs.
• C)Shifting debt to off-balance sheet special entities.
• D)Concealing large losses related to securities investments.

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Definitions:

Schemes

Cognitive structures or patterns of action and thought used to deal with experiences, fundamental in the development of intelligence according to Piaget.

Receptive Vocabulary

The words a person can understand when heard or read, even if they cannot actively use them in speech or writing.

Morphemes

Morphemes are the smallest grammatical units in a language that carry meaning, such as words, prefixes, or suffixes.

Mental Abilities

Mental abilities are the cognitive functions that encompass reasoning, problem-solving, planning, abstract thinking, complex idea comprehension, learning quickly, and learning from experience.