When an Offense Is Defined in a Manner That a Specific

question 37

Multiple Choice

When an offense is defined in a manner that a specific result must occur, the concept of causation becomes important.This is most commonly associated with _________ offenses.

• A)mala in se
• B)strict liability
• C)white collar
• D)homicide

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Definitions:

Cash Flow Per Share

A measure of a firm's financial flexibility, calculated as operating cash flow divided by the number of outstanding shares.

Prohibited

Actions or activities that are not permitted or allowed by law, regulation, or policy.

Basic Earnings

Earnings calculated by dividing the net income by the total number of outstanding shares, showing the profit earned per share.

Price/Earnings Ratio

A valuation ratio of a company's current share price compared to its per-share earnings, commonly used by investors to determine stock attractiveness.