Which of the Following Is the Main Lesson That Analysts

question 64

Multiple Choice

Which of the following is the main lesson that analysts and investors should take from the cases of Enron and HIH?

• A)The usefulness of financial statements to investors is entirely dependent on the ethics of those constructing them.
• B)The information in financial statements should be viewed extremely critically.
• C)It is not possible to effectively evaluate a company unless all the financial statements are fully and correctly prepared.
• D)Readers of even fraudulent financial statements can spot signs of a firm's financial health if those statements are read fully and with care.

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Definitions:

Androgen

A type of hormone that plays a role in the development and maintenance of male traits and reproductive activity, primarily produced in the testes.

Estrogen

A group of steroid hormones that play a critical role in female reproductive and sexual health, but also affect many other tissues and organs.

Sexual Orientation

An enduring pattern of emotional, romantic, or sexual attractions to men, women, both, neither, or another gender.

Surveys

A method of gathering data from a large number of respondents, typically by asking them questions.