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Accounting Fraud at WorldCom 1. Discuss the corporate culture at WorldCom and how it contributed to the accounting fraud.
Accounting Fraud at WorldCom1. Discuss the corporate culture at WorldCom and how it contributed to the accounting fraud.2. Discusshow the CEO's desire to be the #1 stock on Wall Street contributed to the fraud.3. Given the pressure on accountants to book and release accruals to meet expected results, how might an Accountant go about handling this type of situation?4. Discuss the pros and cons of whistle blowing. Would you be more likely to blow the whistle or not? Explain5. Discuss the creditability of the Accounting Profession when Corporate fraud is unveiled.Thanks for your help this maybe about 400 words. I know that they have been in the news awhile back, but I don't know is how they came about the fraud. Thanks I