Which of the following did Enrons CEO Jeff Skilling not offer to McLean by way of assurances.^
Question:
Which of the following did Enron’s CEO Jeff Skilling not offer to McLean by way of assurances.^
a. Mark-to-market accounting implies restricted cash-flow at times.
b. Fluctuations in the energy market imply larger profits for Enron.
c. Enron can ‘securitize’ at will its long-term energy contracts.
d. Enron’s debt will transfer risk to independent buyers.
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Related Book For
Understanding Accounting Ethics
ISBN: 9780976528005
1st Edition
Authors: Michael Pakaluk, Mark L. Cheffers
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