The Bankruptcies of Enron and WorldCom Both Indicated the Occurrence

question 92

True/False

The bankruptcies of Enron and WorldCom both indicated the occurrence of major audit failures.

---

Definitions:

Observational Study

A type of research in which the investigator observes and records behavior or outcomes without manipulating the study environment or subjects.

Ethical Concern

Issues or situations that require careful consideration of principles of right and wrong in making decisions.

Placebo Drug Studies

Research studies that investigate the effect of a treatment, in which some participants receive a placebo, or inert substance, to compare against the effects of actual drugs.

Experimental Group

A group of subjects in an experiment who are exposed to the variable under investigation, used to determine the effect of a treatment or intervention.