In June 2002 WorldCom, a US telecommunications firm, announced that it had misreported financial information in previous accounting periods - to the sum of USD $3.9 billion - by recording routine operating expenses as capital expenditure.
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Definitions:
Peripheral Nervous System
The part of the nervous system that consists of the nerves and ganglia outside of the brain and spinal cord, connecting the central nervous system to limbs and organs.
Spinal Cord
A long, thin, tubular structure made up of nervous tissue, which extends from the medulla oblongata in the brainstem to the lumbar region of the vertebral column; it transmits neural signals between the brain and the rest of the body.
Neural Networks
Computing systems vaguely inspired by the biological neural networks that constitute animal brains, used in machine learning and artificial intelligence.
Central Nervous System
The complex of nerve tissues that controls the activities of the body, comprising the brain and spinal cord.
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