Explain What It Takes to Make Punishment Effective

question 31

Essay

Explain what it takes to make punishment effective.What are the dangers of punishment? What are alternatives to punishment and why might these approaches be more effective than punishment?

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Definitions:

Transaction

An agreement or exchange between two parties involving goods, services, or financial assets.

Schedule L

Used to provide additional details on financial status or transactions not captured in the main tax form; no longer in general use for most taxpayers.

Accounting Method

The systematic approach to recording and reporting financial transactions for a business, determining how income and expenses are recorded and recognized.

Financial Accounting

The field of accounting focused on the summarization, analysis, and reporting of financial transactions pertaining to a business to external entities.