WorldCom's Fraudulent Scheme of Capitalizing Telephone Line Costs Instead of Expensing

question 6

Multiple Choice

WorldCom's fraudulent scheme of capitalizing telephone line costs instead of expensing them was discovered by:

• A)external auditors.
• B)astute investors.
• C)U.S.Securities and Exchange Commission.
• D)internal auditors.

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Definitions:

Job Sample Simulation

A pre-employment assessment technique where candidates perform tasks or work activities that mirror the actual job responsibilities.

Legally Defensible

A position, action, or decision that can be successfully upheld and justified in a court of law.

Performance Appraisals

The process of evaluating an employee's job performance and productivity, usually against pre-established criteria or objectives.

Legally Defensible

A position, action, or decision that can be successfully upheld in a court of law.