2. 职称英语
  3. The large American energy service company, Enron, failed a few years ago. It

The large American energy service company, Enron, failed a few years ago. It

游客2023-07-21  57
问题     The large American energy service company, Enron, failed a few years ago. It had been the seventh largest company in the United States. More than twenty people have been charged with financial crimes related to the company’s hidden debt, inflated (夸大的) profits and accounting risks.
    On January 22nd, Enron’s former chief accounting officer faced charges of helping Enron cheat investors and others. Richard Causey said he is not guilty. He says he believed all of Enron’s financial records were correct. He says he followed rules called the Generally Accepted Accounting Standards.
    The government says Mr. Causey used his knowledge of accounting to make Enron look profitable. The government says Mr. Causey sought to gain from his actions by causing the price of Enron stock to increase. The government has charged Mr. Causey with planning businesses related to Enron, called partnerships. Enron used financial exchanges with partnerships to hide big financial losses. The government says these exchanges do not meet the requirements for real business exchanges. This is because only Enron’s money was at risk.
    Mr. Causey is an important person in the Enron case. The charges came soon after another top official of Enron agreed to a deal.
    Andrew Fastow was the chief financial officer at Enron.  On January 14th, he admitted guilt for two criminal acts. He will be sentenced to ten years in prison. Fastow had faced more than ninety separate charges. The deal depends on evidence he will offer in the future.
    Fastow admitted that he hid the financial situation at Enron by using partnerships.  He admitted using partnerships for his own gain. He has been forced to return more than 23 million dollars and other property to the government.
    Fastow and other former Enron officials have admitted guilt.  They are expected to give evidence that will be used against Mr. Causey.
    What is different between the two cases is that Mr. Fastow has confessed to cheating Enron. Mr. Causey is charged with cheating investors and others. [br] According to the passage, one common feature of the two cases is that ______.
选项 A、both have managed to cheat the company of Enron, the investors and others
B、both have admitted guilt and been announced guilty for what they have done
C、both have returned all the money they had gained by means of partnerships
D、both Mr. Causey and Mr. Fastow had done illegal things for their own benefits
答案 D
解析 细节题。根据第三段第二句The government says Mr. Causey sought to gain from his actions by causing the price of Enron stock to increase以及倒数第三段第二句He admitted using partnerships for his own gain可知本题答案为D。
转载请注明原文地址:http://tihaiku.com/zcyy/2856444.html
相关试题推荐
随机试题
最新回复(0)