Ask Question
BusinessBusiness
10 January, 16:11

The House Subcommittee on Oversight and Investigations made its recommendations after looking into failures at each of the following companies except: Multiple Choice - ESM Government Securities - Enron - Penn Square Bank - Continental Illinois National Bank and Trust

+5
Answers (1)
  1. 10 January, 16:33
    0
    The correct answer is ENRON.

    Explanation:

    Going back to December 2, 2001, is going back to one of the biggest scandals in economic history. That day, the energy company Enron declared bankruptcy. First global energy distributor, invoiced 100,000 million dollars annually.

    Jeffrey Skilling, the mind behind accounting, did his last master move badly. Before the bankruptcy they were seen coming, he resigned his position alleging family reasons and sold the shares he had in the company. Four months later came bankruptcy. Supposedly, he didn't know anything about the critical situation of the company. He did not strain.

    In 2004 he was charged with about thirty charges, including operating with confidential information, by selling about 60 million dollars in Enron shares before bankruptcy, deceiving the auditor or conspiracy.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “The House Subcommittee on Oversight and Investigations made its recommendations after looking into failures at each of the following ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
In order to derive the market supply curve from individual supply curves, we add up the select one: a. various prices that individual sellers are charging for the product. b.
Answers (1)
S&P Enterprises will pay an annual dividend of $2.08 a share on its common stock next year. The firm just paid a dividend of $2.00 a share and adheres to a constant rate of growth dividend policy.
Answers (1)
What should you do if a caller needs a particular question answered and you're completely uncertain about whom the caller should contact? A. Transfer the call to the person who you think might provide the correct information. B.
Answers (1)
Mary invested cash in her business. which effect will this have
Answers (2)
Watson Company has the following dа ta: work in process beginning 18,000; work in process ending 25,000: direct labor costs incurred 5,000; Cost of goods manufactured 9,000; and factory overhead 7,000.
Answers (1)
New Questions in Business
A primary market would be utilized when: O investors buy or sell existing securities. O securities are initially issued. O shares of common stock are exchanged O a commission must be paid on the transaction.
Answers (1)
Basic earnings per share is computed using:A. The actual number of common shares outstanding at the end of the year. B. A weighted-average of preferred and common shares. C. The number of common shares outstanding plus common stock equivalents. D.
Answers (1)
For a competitive market, a:. a seller can always increase her profit by raising the price of her product. b. if a seller charges more than the going price, buyers will go elsewhere to make their purchases. c.
Answers (1)
A company writes a check to replenish a $100 petty cash fund when the fund contains receipts of $94 and $3 in cash. in recording the check, the company should
Answers (1)
EastSide Tractors is an American firm that manufactures construction and farming machinery. A construction company in Germany has placed a large order for machinery, but has requested that EastSide Tractors modify the design and add a special
Answers (2)
Home » Business » The House Subcommittee on Oversight and Investigations made its recommendations after looking into failures at each of the following companies except: Multiple Choice - ESM Government Securities - Enron - Penn Square Bank - Continental Illinois
Sign Up Forgot Password?