The primary issue discussed in the Krispy Kreme case was:
A) Use of special-purpose-entities to keep debt off the books
B) Use of "round trip" transactions to accelerate the recording of earnings
C) Internal controls over operating activities
D) Internal controls over the making of doughnuts

Question

Quizplus · Accepted Answer

The primary issue in the Krispy Kreme case was the use of "round trip" transactions to accelerate the recording of earnings, which involved manipulating financial results to meet earnings targets.

The Primary Issue Discussed in the Krispy Kreme Case Was