Which of the following was not a flaw found in LJM1 arrangements?
A)Profits were improperly recorded on treasury shares used or sheltered by non-existing hedges
B)Enron was hiding employee stock option expense
C)Enron was hedging itself
D)Enron had to advance treasury shares to buy them back at preferential rates
E)Enron officers and their helpers benefited

Question

Quizplus · Accepted Answer

The hiding of employee stock option expense was not a flaw found in LJM1 arrangements.

Which of the Following Was Not a Flaw Found in LJM1