Worldcom cooked its books by ________. the net effect of this was to make a huge loss look like a sizable profit.

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asked Sep 17, 2018 215k views

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Manelescuer · Answer 1 · 2018-09-23T23:51:08+0000

Worldcom cooked its books by about $4 billion. It was able to do this by listed expenses as capital investments. By classifying these expenditures it was able to hide big loses prompting a fraud investigation by the SEC.

Worldcom cooked its books by ________. the net effect of this was to make a huge loss look like a sizable profit.

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