What is the significance of the Menendez v Halliburton, Incorporated?

Multiple Choice

Halliburton was able to preserve and show that

their bill and hold method was in accordance with

GAAP.

Appeals court panel ruled that Menendez $($an

internal accountant$)$ had been retaliated against

for blowing the whistle.

The SEC agreed with Menendez about the bill and

hold method; Halliburton restated their financial

statements and paid penalties.

Menendez was awarded his position back at

Halliburton, but the actions of Halliburton were

retaliatory.