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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
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2023-07-21
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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] What did Richard Causey claim?
选项
A、He had nothing to do with the increasing price of Euron stock.
B、He was maneuvered by even higher-ranking officials.
C、He just meant to save Euron from going bankrupt.
D、He is innocent because he did everything according to the regulations.
答案
D
解析
细节题。根据Richard Causey首先查找到第一次出现这个名字的第二段,其中出现了三遍said/says,即claim,将三部分内容概括得出D为答案。
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