Many companies such as Tyco, Enron, and WorldCom that suffered financial distress in the late 1990s and early 2000s
A) committed fraud.
B) had failed corporate governance oversight.
C) went bankrupt.
D) All of the options are true.

Question

Quizplus · Accepted Answer

All of the options are true. These companies were involved in financial fraud and mismanagement, which led to bankruptcies and failures in corporate governance oversight.

Many Companies Such as Tyco, Enron, and WorldCom That Suffered