The Annual Report

question 20

Multiple Choice

The annual report

• A) May have significant additional voluntary disclosure in the financial statements
• B) Is used for impression management
• C) Is thought to have little influence on stakeholder perceptions
• D) Is not thought to be an important information avenue for organisations

---

Definitions:

Repression

A psychological defense mechanism where distressing memories, thoughts, or impulses are excluded from conscious awareness.

Forbidden Impulse

An unconscious wish or desire that is deemed unacceptable or taboo by societal standards and is often repressed.

Anxiety

A sensation of apprehension, tension, or discomfort, often in anticipation of an upcoming event or regarding a situation whose outcome is not yet known.

Impulse Gratification

The immediate fulfillment of desires or impulses without consideration for the long-term consequences.