Question

Who were some of the key enablers in facilitating Enron’s demise? Why?

A) Accountants who exposed fraud
B) Regulators who enforced compliance
C) Executives involved in accounting fraud
D) Investors who supported ethical practices

Answer 1

The key enablers in facilitating Enron's demise were the executives involved in accounting fraud, the accountants who exposed the fraud, and the regulators who enforced compliance.

Step-by-step explanation:

Some of the key enablers in facilitating Enron's demise were the executives involved in accounting fraud, the accountants who exposed the fraud, and the regulators who enforced compliance. The executives at Enron were responsible for manipulating financial statements and misleading investors, which ultimately led to the company's downfall. However, the accountants who exposed the fraud played a crucial role in bringing the misconduct to light, while regulators who enforced compliance were responsible for ensuring that ethical practices were followed.