Which of the following did Enrons CEO Jeff Skilling not offer to McLean by way of assurances.^

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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  book-img-for-question

Understanding Accounting Ethics

ISBN: 9780976528005

1st Edition

Authors: Michael Pakaluk, Mark L. Cheffers

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