Which Is the Most Accurate Statement

question 59

Multiple Choice

Which is the most accurate statement?

• A)We have never had corporate corruption until around the year 2000.
• B)If you ask the average American if he believed all corporate officers were honest,he would answer "Yes."
• C)Enron is the only large corporation that was caught up in a financial scandal since the 1980s.
• D)Although it may be years before we know the full damages incurred,it seems very likely that the corporate financial scandals of recent years will end up costing those corporations and the public billions of dollars.

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Definitions:

Net Working Capital

The measure of a business's available short-term resources versus its short-term financial commitments, indicating its near-term financial strength.

Fixed Asset

A fixed asset is a long-term tangible piece of property or equipment that a firm owns and uses in its operations to generate income, and is not expected to be consumed or converted into cash within a year.

Short-Term Debt

Financial obligations that are due to be paid within one year or less.

Cash Flow

The net amount of cash being transferred into and out of a business, critical for assessing its liquidity, operational efficiency, and financial health.