When Enron's Top Executives Were Subpoenaed to Testify Before Congress

question 47

Multiple Choice

When Enron's top executives were subpoenaed to testify before Congress, all of them exercised their constitutional right against self-incrimination except:

• A) Kenneth Lay, founder and chief executive officer.
• B) Jeffrey Skilling, chief operating officer.
• C) Andrew Fastow, chief financial officer.
• D) Rick Clausey, chief accounting officer.

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Definitions:

Action Memos

Internal documents used by organizations to communicate specific tasks, responsibilities, or actions that need to be taken.

Market Share

The percentage of total sales volume in a market captured by a brand or company.

Industry Trends

Patterns and general directions in which a specific industry is moving, influenced by new technologies, customer behaviors, and market demands.

Evaluation Phase

The stage in a product or project lifecycle where its performance, effectiveness, or value is assessed.