Financial Scandals Around the Turn of This Century at Enron,WorldCom,Adelphia,HealthSouth,and

question 27

Multiple Choice

Financial scandals around the turn of this century at Enron,WorldCom,Adelphia,HealthSouth,and others led to which of the following?

• A)Greater reliance on nonstandard accounting practices
• B)Less reliance on nonstandard accounting practices
• C)New laws and governmental rulings that limit business's discretionary actions
• D)Revocation of laws and rulings that limit business's discretionary actions

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Definitions:

Structuralism

An early school of psychology that used introspection to explore the structure of the human mind.

Psychoanalysis

A therapeutic approach and theory of personality developed by Sigmund Freud, focusing on unconscious motivations and conflicts underlying human behavior.

Wundt

Often referred to as the father of experimental psychology, Wilhelm Wundt established the first psychology laboratory at the University of Leipzig, Germany.

Freud

Sigmund Freud, originating from Austria and specializing in neurology, pioneered psychoanalysis, which is a therapeutic procedure for mental health issues conducted through dialogue between psychoanalysts and their patients.