Question: Mark-to-Market Accounting was problematic to Enron, in that the method: Motivated Enron to focus more on recording accounting profit than on making cash Was not

Mark-to-Market Accounting was problematic to Enron, in that the method: Motivated

Mark-to-Market Accounting was problematic to Enron, in that the method: Motivated Enron to focus more on recording accounting profit than on making cash Was not approved by Arthur Andersen Recognizes fixed costs as variable Resulted in the deferral of revenue and expenses

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