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Question:1)The main accounting issues in the Nortel Networks case were: a)Capitalization of operating expe...

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1)The main accounting issues in the Nortel Networks case were:

a)Capitalization of operating expenses and off-balance-sheet entities

b)Capitalization of operating expenses and hidden cash reserves

c)Premature revenue recognition and off-balance-sheet entities

d)Premature revenue recognition and hidden cash reserves

2)The accounting shenanigan used in the Dell Computer case can best be described as:

a)Recording revenue from exclusivity payments too soon or of questionable quality

b)Shifting future expenses to the current period as a special charge

c)Shifting current revenue from exclusivity payments to a later period

d)Shifting current expenses to a later period

3)Which of the following was not an accounting issue in the Sunbeam case?

a)Swap transactions

b)Bill and hold sales

c)Cookie jar reserves

d)Channel stuffing