During the period between 2000 and 2002, a large number of scandals were uncovered. Most of these scandals were related to I) manipulation of financial data to misrepresent the actual condition of the firm.
II) misleading and overly optimistic research reports produced by analysts.
III) allocating IPOs to executives as a quid pro quo for personal favors.
IV) greenmail.
A) II, III, and IV
B) I, II, and IV
C) II and IV
D) I, III, and IV
E) I, II, and III

Question

Quizplus · Accepted Answer

The correct choices are I) manipulation of financial data to misrepresent the actual condition of the firm, II) misleading and overly optimistic research reports produced by analysts, and III) allocating IPOs to executives as a quid pro quo for personal favors. These practices were among the key issues highlighted during the early 2000s financial scandals, such as those involving Enron and WorldCom, which led to significant reforms in financial reporting and corporate governance. Greenmail (choice IV) refers to a different practice not primarily associated with the scandals of that period.

During the Period Between 2000 and 2002, a Large Number