In the Past 20 Years There Have Been Major Accounting

question 46

Multiple Choice

In the past 20 years there have been major accounting scandals that have impacted many companies resulting in the illustration that the business world cannot be allowed to regulate itself ethically and produced the Sarbanes-Oxley Act. Who were two of the major violators?

• A) Ford Motor Company and WorldCom
• B) WorldCom and Enron
• C) Shell Corporation and Amazon
• D) Enron and the SEC
• E) Chrysler Corporation and WorldCom

Explore the role of anonymity in affecting individual behavior within groups, based on theories of deindividuation.

Assess methods and strategies for improving intergroup relations, including education, contact, and conciliation.

Analyze the psychological processes involved in conflict resolution and negotiation between groups.

Examine theories of crowd psychology and behavioral norms within group settings, including the historical perspectives of Le Bon and the concept of emergent norms.

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Definitions:

Confidence Interval

An interval estimate of a population parameter that is computed from sample data, indicating the reliability of an estimate.

Normally Distributed

Describes a dataset whose distribution forms a symmetric, bell-shaped curve when plotted, with most data near the mean.

Margin of Error

An expression of the amount of random sampling error in a survey's results, indicating the range within which the true population parameter is likely to lie with a certain level of confidence.

Confidence

The degree of certainty or belief in a certain outcome, often used in the context of statistical confidence levels.