Which of the Following Statements Is False

Multiple Choice

Which of the following statements is false?

A) When the SEC began to look for accounting irregularities, Andersen employees shredded documents.
B) The accounting firm of Arthur Andersen was convicted of obstruction of justice.
C) Less than a month after admitting accounting errors, Enron filed for bankruptcy.
D) Enron inflated earnings by almost $600 million.
E) To date, Arthur Andersen is the only major accounting firm that has been targeted by trial lawyers, government regulators, and the IRS for providing questionable audit work for major corporations.