Why has the reputation of U.S. accounting standards decreased in recent years?
A)The U.S. deficit is at a record high.
B)Many U.S. businesses have declared bankruptcy.
C)There have been some notable American accounting scandals, such as Enron.
D)Lengthy prison sentences have been given to unethical American executives, such as Bernie Madoff.

Question

Quizplus · Accepted Answer

There have been several high-profile accounting scandals in the U.S., such as Enron, which have damaged the reputation of U.S. accounting standards. These scandals have led to increased scrutiny and criticism of U.S. accounting practices, both at home and abroad.

Why Has the Reputation of U