When Edward Snowden Released Information About Programs Being Conducted by the NSA

question 51

Multiple Choice

When Edward Snowden released information about programs being conducted by the NSA, it was an example of:

• A) a leak.
• B) giving information on background.
• C) cyberterrorism.
• D) invasion of privacy.
• E) citizen journalism.

Understand the various techniques management may employ to manipulate a company's reported performance.

Comprehend how the choice of accounting methods can affect a firm's Price-to-Earnings (P/E) ratio.

Understand the basics and purposes of common size statements and trend statements.

Recognize the value of cross-sectional and time-series analyses in financial statement analysis.

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Definitions:

Norms

Established standards of behavior maintained by a society or group that guide individuals' actions and behaviors.

Cognitive Dissonance Theory

A psychological theory that suggests discomfort arises from holding conflicting beliefs, leading individuals to change their attitudes or beliefs to reduce the dissonance.

Social Norms

Accepted behaviors that are considered typical within a group or society, guiding interactions and expectations.

Cognitive Dissonance Theory

A theory suggesting that people experience discomfort (dissonance) when their beliefs or behaviors are inconsistent with one another, often leading to changes to reduce the dissonance.