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4P11 Ice Breaker Flashcards | StudBud

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Which organization allowed Enron to commit fraud through Mark-to-Market accounting?

Does the government play a role in the stock market?

4P11 Ice Breaker

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Questions 6

Answers

1
Does the government play a role in the stock market?
Of course, it's THE GOVERNMENT! Duh!
No, to some degree
Yes, to some degree
Maybe, to some degree
2
Which organization allowed Enron to commit fraud through Mark-to-Market accounting?
SEC
Jonathan Mckee 👀
Vinson & Elkins
Arthur Andersen
3
What is a Sophisticated Investor?
A fancy investor who can afford anything
A sophisti-what?!
An established investor who knows a lot
An investor with some inside information
4
Do you think life is fair?
No
I just do what I'm told to do 🥱
Yes
Maybe
5
What is the base of Mark-to-Market accounting?
Historical Cost
Appraised Value
Whatever a firm wants it to be
Fair Market Value
6
What do you think Fundamental Value is?
Extrinsic Value
Intrinsic Value
Idk, too early for this
Fair Market Value