Which of the following led Enron Corporation to file for bankruptcy?
A)The inefficiency of employees in the company, leading to unforeseen losses
B)Excessive spending on building infrastructure and paying high salaries to employees
C)Unscrupulous cheats led the company, leading to a number of business failures
D)Lack of advanced technology compared to competitors
E)Unreliable investments that incurred losses

Question

Quizplus · Accepted Answer

Enron's bankruptcy was primarily due to fraudulent accounting practices and unethical leadership, which led to the company's collapse.

Which of the Following Led Enron Corporation to File for Bankruptcy