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Downfall and personal bankruptcy: Given that the increase decades ended and Enron faced increased Levels of competition from the Electricity buying and selling company, the corporate’s earnings shrank rapidly. Under pressure from shareholders, firm executives began to trust in doubtful accounting procedures, together with a way known as “mark-to-marketplace accounting,” to hide the difficulties.
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The ideal approach for answering the investigate inquiries is tough the preexisting theories, assumptions or hypotheses.
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