As the Bernard Madoff's Ponzi Scheme Makes Clear,when Making an Investment

question 52

Multiple Choice

As the Bernard Madoff's Ponzi Scheme makes clear,when making an investment decision,it is important not only to review the firm's ________,but also to consider ________ who prepare the statement in the first place.

• A) balance sheet; the reliability and reputation of the auditors
• B) Financial Statements; the reliability and reputation of the government offices
• C) Financial Statements; the reliability and reputation of the auditors
• D) Financial Statements; the reliability and reputation of the bookkeepers

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Definitions:

Emotional Instability

A personality trait characterized by rapid emotional shifts and difficulty in maintaining a stable mood.

Text Messages

Written messages sent electronically, typically using a mobile phone or computer.

Shy

Feeling nervous or timid in the presence of others, especially in new or unfamiliar situations.

Environments

The surroundings or conditions in which a person, animal, or plant lives or operates.