The fraud at Tyco included each of the following acts except for:
A) Benefits given to certain members of the board of directors to secure their silence about the fraud
B) Corporate assets used by members of top management for personal purposes
C) Setting up special-purpose-entities to keep debt off Tyco's books
D) Related party transactions that were not adequately disclosed

Question

Quizplus · Accepted Answer

The fraud at Tyco did not involve setting up special-purpose-entities to keep debt off the books, which is more characteristic of the Enron scandal. The other options were part of the fraudulent activities at Tyco.

The Fraud at Tyco Included Each of the Following Acts