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# The corporate accounting scandals causing the failure of giants such a

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Manager
Joined: 24 Sep 2018
Posts: 137
The corporate accounting scandals causing the failure of giants such a  [#permalink]

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26 Feb 2019, 06:23
1
1
00:00

Difficulty:

15% (low)

Question Stats:

74% (00:55) correct 26% (01:21) wrong based on 77 sessions

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The corporate accounting scandals causing the failure of giants such as Enron, Tyco International, Adelphia led to enacting the Sarbanes-Oxley Act in 2002, requiring companies to record and audit each and every source of revenue and cost.

A. Adelphia led to enacting the Sarbanes-Oxley Act in 2002, requiring
B. Adelphia led to Sarbanes-Oxley Act in 2002, which requires
C. and Adelphia led to the enactment of Sarbanes-Oxley Act in 2002, which requires
D. and Adelphia in 2002 leading to the enactment of Sarbanes-Oxley Act, requiring
E. Adelphia in 2002 led to the enactment of Sarbanes-Oxley Act requiring

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Manager
Joined: 10 Apr 2018
Posts: 244
Location: India
Concentration: Entrepreneurship, Strategy
GMAT 1: 680 Q48 V34
GPA: 3.3
Re: The corporate accounting scandals causing the failure of giants such a  [#permalink]

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26 Feb 2019, 06:46
2
A, C and E are wrong because "Adelphia" is not preceded by "and".

D is wrong because modifier "in 2012" is wrongly placed. Instead of modifying "Sarbanes-Oxley Act" it's modifying the three companies.

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Senior Manager
Joined: 17 Oct 2016
Posts: 257
Location: India
Concentration: General Management, Healthcare
GMAT 1: 640 Q40 V38
GMAT 2: 680 Q48 V35
GPA: 3.05
WE: Pharmaceuticals (Health Care)
Re: The corporate accounting scandals causing the failure of giants such a  [#permalink]

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26 Feb 2019, 07:00
The corporate accounting scandals causing the failure of giants such as Enron, Tyco International, Adelphia led to enacting the Sarbanes-Oxley Act in 2002, requiring companies to record and audit each and every source of revenue and cost.

A. Adelphia led to enacting the Sarbanes-Oxley Act in 2002, requiring (Wrong: And is missing)
B. Adelphia led to Sarbanes-Oxley Act in 2002, which requires (Wrong: And is missing)
C. and Adelphia led to the enactment of Sarbanes-Oxley Act in 2002, which requires (Correct: corporate accounting scandals LED to something and this something (act) now requires (present tense) something)
D. and Adelphia in 2002 leading to the enactment of Sarbanes-Oxley Act, requiring (Wrong: Missing Verb)
E. Adelphia in 2002 led to the enactment of Sarbanes-Oxley Act requiring (Wrong: And is missing)
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Re: The corporate accounting scandals causing the failure of giants such a  [#permalink]

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26 Feb 2019, 07:15
GMATYoda wrote:
The corporate accounting scandals causing the failure of giants such as Enron, Tyco International, Adelphia led to enacting the Sarbanes-Oxley Act in 2002, requiring companies to record and audit each and every source of revenue and cost.

A. Adelphia led to enacting the Sarbanes-Oxley Act in 2002, requiring
B. Adelphia led to Sarbanes-Oxley Act in 2002, which requires
C. and Adelphia led to the enactment of Sarbanes-Oxley Act in 2002, which requires
D. and Adelphia in 2002 leading to the enactment of Sarbanes-Oxley Act, requiring
E. Adelphia in 2002 led to the enactment of Sarbanes-Oxley Act requiring

Per the meaning examples of failures of 3 companies are given which must be parallel -

The corporate accounting scandals causing the failure of giants such as
Enron,
Tyco International, and
led to the enactment of Sarbanes-Oxley Act in 2002, which requires companies to record and audit each and every source of revenue and cost.

Further the Sarbanes-Oxley Act in 2002 requires companies to record and audit each and every source of revenue and cost, thus use of which is correct here...

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Abhishek....

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Re: The corporate accounting scandals causing the failure of giants such a   [#permalink] 26 Feb 2019, 07:15
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