Another way in which Enron used off balance-sheet entities to overstate earnings was via the recognition of
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Another way in which Enron used off balance-sheet entities to overstate earnings was via the recognition of profit on its own stock. With reference to an off-balance sheet entity discussed in the text, explain how Enron recognized profit on the appreciation of its own stock.
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Enron used offbalance sheet entities to overstate earnings by recognizing profit on the appreciation of its own stock through a complex financial mane...View the full answer
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Related Book For 
Detecting Accounting Fraud Analysis And Ethics Global Edition
ISBN: 9781292059402
1st Global Edition
Authors: Cecil W. Jackson
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