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Enrons use of Special Purpose Entities (SPEs) was intended to: Group of answer choices -Shift liabilities from Enrons balance sheet to the SPEs, so that
Enrons use of Special Purpose Entities (SPEs) was intended to:
Group of answer choices
-Shift liabilities from Enrons balance sheet to the SPEs, so that the liabilities did not have to be recorded on Enrons consolidated financial statements.
-Create something known as small bath accounting.
-Cleverly hide the creation of fictitious revenues.
-Lead to more transparent and honest financial statements.
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