WorldCom Quiz

When did the Securities and Exchange Commission files fraud charges against WorldCom?

• JUNE 25, 2002

• JUNE 25, 2022

• JUNE 26, 2002

• JUNE 26, 2022

Who was the first WORLDCOM CEO?

• Murray Waldron

• William Rector

• David Singleton

• Bernard Ebbers

Which one is under opportunities?

• Poor Corporate Governance

• Damage to reputation

• Good reputation

• Portfolio Diversification

WorldCom filed for Chapter 11 bankruptcy protection on?

• A. July 20, 2002

• B. July 21, 2002

• C. July 22, 2002

• D. July 23, 2002

Which one is under weaknesses?

• Poor Corporate Governance

• Damage to reputation

• Good reputation

• Portfolio Diversification

The company become traded publicly as a corporation in what year?

• 1998

• 1988

• 1899

• 1999

The merger with MCI Communications amounted to?

• $40 billion

• $4 million

• $4 billion

• $4

One of the recommendations is to:

• The complete presence of the elements of fraud triangle.

• Merge with another company

• File for bankruptcy

• Establish Corporate Social Responsibility

Did WorldCom solely focus on telecommunications?

• YES

• NO

Poor organizational culture is one of the factors that led to the company’s downfall.

• TRUE

• FALSE