Question: Select all that apply Executives at WorldCom committed an $11 billion fraud by capitalizing costs that should have been expensed. What was the effect of

Select all that apply Executives at WorldCom committed an $11 billion fraud by capitalizing costs that should have been expensed. What was the effect of this fraud on WorldCom's balance sheet?

Total assets were too low.

Retained earnings were too high.

Retained earnings were too low.

Total assets were too high

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