Enron - the crooked E

Enron - the crooked E

10th - 12th Grade

15 Qs

quiz-placeholder

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Enron - the crooked E

Enron - the crooked E

Assessment

Quiz

Life Skills

10th - 12th Grade

Practice Problem

Hard

Created by

karlar lyde

Used 55+ times

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15 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

what happened in the ENRON scandal

the company cooked the books sand pulled of shady accounting tricks

the company donated its funds with its custumers

lost of income to the shareholders

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

who founded the company

Bill gates

Ken Lay

Jeffrey Skilling

3.

MULTIPLE SELECT QUESTION

30 sec • 1 pt

how did ENRON trick people to invest in their stocks

used mark to market accounting( recognizing profit that is not profit)

they put their liabilities in other side companies

auditors were bribed

all of the above

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

what rules are made after the incident

All auditors have been fired to prevent future scandals

auditors have stricter rules and CEO and CFO have to certified statements to prevent backing out

All energy companies have put to shutdown for inspection if other energy companies are included

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Enron had connections with:

George W. Bush

Steve Jobs

Mark Zuckerburg

all the above

6.

MULTIPLE SELECT QUESTION

30 sec • 1 pt

The first sign of trouble was:

selling fake stocks

traders moving money into fake accounts

market to market accounting

making fake deals

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Jeff Skilling created competition by:

giving stocks away

implementing an employee rating system

creating a 401K system

none of the above

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