The Scared Straight Approach Has Been Successful in Deterring At-Risk

question 14

True/False

The Scared Straight approach has been successful in deterring at-risk youth from beginning or continuing delinquent and criminal careers.

---

Definitions:

Forward Contract

A customized contract between two parties to buy or sell an asset at a specified price on a future date.

Recognised Borrowings

Loans and other forms of financial debt that are acknowledged on a company's balance sheet as liabilities.

Forward Exchange Contract

An agreement between two parties to exchange a specified quantity of one currency for another at a specified exchange rate on a specified future date.

Exchange Gain

Exchange gain arises when a company holds foreign currency or transactions, and the exchange rate moves in its favor, increasing the value of the foreign currency held.