A common factor identified as an issue in both the HIH and Enron collapses was:

Question

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Both the HIH and Enron collapses revealed deficiencies in the audit process. In the case of Enron, auditors failed to detect the fraudulent accounting practices that eventually led to the company's collapse. Similarly, in the case of HIH, auditors failed to adequately assess the risks associated with the company's investments, contributing to its ultimate failure.

A Common Factor Identified as an Issue in Both the HIH