Enron Scandal

What year did the Enron scandal come to light?

• 2001

• 1999

• 2002

• 2003

Who was the CEO of Enron during the scandal?

• Jeffrey Skilling

• Bill Gates

• Elon Musk

• Warren Buffett

What accounting firm was involved in the auditing of Enron?

• KPMG

• Deloitte

• PwC

• Arthur Andersen

Which government agency investigated the Enron scandal?

• Federal Bureau of Investigation (FBI)

• Central Intelligence Agency (CIA)

• Internal Revenue Service (IRS)

• Securities and Exchange Commission (SEC)

What was the main method used by Enron to manipulate their financial statements?

• Cooking the books

• Fabricating invoices

• Insider trading

• Mark-to-market accounting

Who was the whistleblower that helped expose the Enron scandal?

• Sharon Watkins

• Sherron Watkins

• Sheryl Sandberg

• Shannon Williams

What was the name of the special purpose entities used by Enron to hide debt?

• Millennium Falcon

• Chewco

• R2-D2

• Death Star

Which Enron executive famously pleaded the fifth during congressional hearings?

• Andrew Fastow

• Jeffrey Skilling

• Kenneth Lay

• Rebecca Mark

What was the final outcome for Enron as a company?

• Enron expanded its operations globally

• Enron was acquired by a competitor

• Enron filed for bankruptcy

• Enron became the most profitable company in the world

What legislation was enacted in response to the Enron scandal to increase corporate responsibility?

• Volcker Rule

• Dodd-Frank Act of 2010

• Sarbanes-Oxley Act of 2002

• Glass-Steagall Act of 1933