1.Enron had a business model which was all about applying market forces and eventually ended up trading in or creating commodity markets of which electricity was the most well known. Which of the following did Enron NOT trade in during its existence?

a.Natural Gas

b.Cellular Wireless Spectrum

c.Broadband Communications

d.Pipelines

2. Who was the fall guy initially alleged to be the cause of Enrons fictitious financial reporting?

a.Mr. Lay

b.Mr. Fastow

c.Mr. Skilling

d.All of the above

Enron created many Special Purpose Entities (SPEs) for keeping some items off their balance sheet. They were very creative in having code names internally for these SPEs. Which of the following themes was one of their favorite code naming conventions:

a.Walt Disney Characters

b.Dead Rock Musicians

c.Astrological Signs

d.Star Wars Movie Characters

Who was the primary whistleblower that came forward to report Enrons off balance sheet transactions the day after Mr. Skilling resigned?

a.Amanda Milgram

b.Jim Chinos

c.Sharon Watkins

d.Bethany McLean

Which of the following Enron business strategies is related to their financial reporting objectives and Executive Management stock options?

a.Ask Why?

b.I am the smartest person in the room

c.Pump and Dump

d.Manipulation of Supply and Demand