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Enron Quiz

Total questions: 8

Worksheet time: 3mins

Name
Class
Date
1.

Who was Enron's Chief Operating Officer (COO) convicted of felony charges related to the Enron scandal?

a)

Jeffrey Skilling

b)

Jeremiah Skilling

c)

Conrad Skilling

d)

Andrew Fastow

2.

Which unethical accounting practice did Enron use to inflate profits?

a)

Historical Cost Accounting

b)

Mark-to-Market Accounting

c)

Cash Based Accounting

d)

Market-to-Market Accounting

3.

Match the Ethical Theory: "Enron executives prioritized their personal bonuses over stakeholders."

a)

Virtue Ethics

b)

Gandhian Ethics

c)

Ethics of Care

d)

Egoism

4.

Enron's culture encouraged employees to speak up against fraud without fear.

True or False?

a)

True

b)

False

5.

According to Utilitarianism, Enron's actions were unethical because:

a)

They misused Gandhian trusteeship.

b)

They failed to maximize overall happiness, and caused harm.

c)

They violated employee contracts and HR norms.

d)

They violated government accounting principles.

6.

Virtue Ethics emphasizes character traits like honesty and integrity, which Enron lacked.

a)

True

b)

False

7.

Enron's actions disregarded the Ethics of Rights and Justice by:

a)

Violating the rights of employees and investors

b)

Protecting employee pensions

c)

Respecting shareholder rights

d)

Providing full disclosure

8.

Which of the following best summarizes Enron's ethical dilemma?

a)

Complying with accounting policies

b)

Managing high energy demand

c)

Balancing profit with social responsibility

d)

Choosing between two legal accounting methods