History
Toshiba is a conglomerate corporation from this country.
What is Japan?
Toshiba is involved in energy systems, electronic devices, digital solutions, infrastructure systems, and this field of power.
What is nuclear power?
This principle was broken by Toshiba when they booked future profits early and recognized revenue from contracts that were not complete.
What is the Revenue Recognition Principle?
These two men founded Toshiba in 1875.
Who are Tanaka Hisashige and Ichisuke Fujioka?
Toshiba is known for producing this type of device.
What are laptops or personal computers?
This principle was broken by Toshiba when they failed to document their expenses in the correct period which boosted their profits.
What is the Matching Principle?
The amount by which Toshiba overstated its profits over the course of several years.
What is $1.2 billion
This was the year when Toshiba was exposed for illegal accounting.
What is 2015?
This term describes a company that has a lot of different units or fields of work.
What is a Conglomerate?
This principle was broken by Toshiba when they weren’t forthcoming about their losses and profits.
What is the Full Disclosure Principle?
The CEO of Toshiba during the fallout of the scandal.
Who is Hisao Tanaka?
Toshiba provides this type of service for infrastructure systems.
What is railway systems?
This principle was broken by Toshiba when they chose the accounting method that would most overstate profits.
What is Conservatism?
One way that Toshiba concealed its losses was by using this method to postpone issuing invoices for advertisement, distribution, or other services until the next quarter.
What are carryovers?