Arthur Andersen's (the accounting firm that audited Enron's finances) failure to catch problems at Enron
A)may have been motivated by future high-revenue consulting services with Enron.
B)was due to Andersen's inability to hire good talent.
C)probably was based on restrictive accounting regulations that limit access to information.
D)was proven to be part of a larger white-collar crime ring.
E)stemmed from Andersen's interest in Enron's failure.

Question

Quizplus · Accepted Answer

Arthur Andersen may have overlooked issues at Enron due to a conflict of interest, as they were motivated by the prospect of future high-revenue consulting services with Enron.

Arthur Andersen's (The Accounting Firm That Audited Enron's Finances) Failure