Using Deterrence as an Example to Society of the Consequences

question 10

Multiple Choice

Using deterrence as an example to society of the consequences of crime is called

• A) recidivism.
• B) rehabilitation.
• C) incapacitation.
• D) specific deterrence.
• E) general deterrence.

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Definitions:

Average Collection Period

The average amount of time it takes for a company to receive payments owed by its customers, indicating the efficiency of the company's credit and collection policies.

Cost Of Default

The expenses and financial losses incurred when a borrower fails to make a loan payment on time.

Cost Of Discounts

The reduction in revenue a company faces when it offers products or services at a reduced price.

Receivables Balance

The total amount of money owed to a company by its customers for goods or services delivered, but not yet paid for.