Arthur Andersen, the accounting firm who audited Enron and was also paid for consulting work, met shortly before Jeff Skilling became CEO and agreed that all of the following were matters of concern about Enron except:
A. the annual report was a house of cards.
B. the cash flow was the only accurate part of the annual report.
C. the company had been engaging in risky and deceptive accounting practices.
D. limited partnerships were being used to disguise debt.
Answer: B
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