Highly regarded firms in which accounting scandals destroyed billions of dollars of shareholder value and shook investor confidence included which of the following firms:
A) WorldCom
B) Adelphia
C) Qwest
D) All of these firms
E) None of these firms

Question

Quizplus · Accepted Answer

All of these firms (WorldCom, Adelphia, and Qwest) were involved in accounting scandals that led to the destruction of billions of dollars of shareholder value and shook investor confidence.

Highly Regarded Firms in Which Accounting Scandals Destroyed Billions of Dollars