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    Foundations of Financial Management Study Set 3
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    Exam 1: The Goals and Functions of Financial Management
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    Many Companies Such as Tyco, Enron, and WorldCom That Suffered
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Many Companies Such as Tyco, Enron, and WorldCom That Suffered

Question 66

Question 66

Multiple Choice

Many companies such as Tyco, Enron, and WorldCom that suffered financial distress in the late 1990s and early 2000s,


A) committed fraud.
B) had failed corporate governance oversight.
C) went bankrupt.
D) all of these are true.

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