Which of the Following Is True Regarding Revelations Involving Enron

question 35

Multiple Choice

Which of the following is true regarding revelations involving Enron and WorldCom?

• A) That their upholding of high ethical standards in regard to accounting practices supports the conclusion that the business world should be allowed to regulate itself.
• B) That WorldCom, a privately held company, had high ethical standards but that Enron, a publicly traded company, engaged in illegal accounting practices supporting the conclusion that privately held companies should be allowed to regulate themselves whereas publicly held companies need significant government regulation.
• C) That WorldCom, a privately held company, engaged in illegal accounting practices but that Enron, a publicly traded company, had high ethical standards supporting the conclusion that privately held companies need significant government regulation whereas publicly held companies should be allowed to regulate themselves.
• D) That although illegal accounting practices occurred, it is so difficult to find and regulate such practices that any regulation should be left to the free market.
• E) That accounting issues with these companies illustrate that the business world cannot be allowed to regulate itself ethically and that government oversight is needed.

Understand the activation-synthesis model of dreaming and how it contrasts with psychoanalytic views.

Analyze the role of brain areas in sleep and dreaming.

Evaluate the myths and misconceptions related to dreams and their interpretation.

Understand the essentials of creating and enforcing a security interest, including the importance of a security agreement.

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Definitions:

Actions

The steps or measures taken to achieve a particular goal, often planned and executed to effect change or produce a desired outcome.

Business

Commercial activity where goods or services are exchanged for one another or for money, with the main aim of earning profits.

Education Level

The highest degree or stage of formal learning or schooling that an individual has completed.

Business Owners

Individuals who own and oversee the operations of a business entity.