Cheating involves overriding the default settings as defined in Format > Element Styles. Cheating can affect a the single element, page, or document to which you apply it.
Cheating is used to change the look of a document. One reason for doing this is to try to “fool” the professional script reader who expects a screenplay to time out to one minute of screen time per script page.
As an example: if your script is a long 125 pages, you can cheat the line spacing, margins, etc. to have it print out closer to the standard maximum length of 120 pages.
Another use of cheating would be to “stretch” the text on a page, to fill up the extra blank white space left by a long Dialogue element you don't want broken by a page break.