CompStat Has Four Generally Recognized Core Components; They Are Timely

question 29

Multiple Choice

CompStat has four generally recognized core components; they are Timely and accurate information or intelligence, Rapid deployment of resources, Effective tactics and ______________,

• A) Stop and frisk
• B) Harassment of minorities
• C) Relentless follow-up
• D) Aggressive traffic stops

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Definitions:

Market Interest Rate

The prevailing rate at which interest is offered on deposits or loans in the financial markets for a particular term and risk profile.

Effective Interest Rate

An adjusted interest rate that accurately reflects the cost of borrowing including fees and compounding.

Stated Rate

The annual interest rate declared on a loan or investment, not accounting for compounding or additional fees.

Effective Interest Method

A method used in accounting to allocate the interest income or expense over the relevant period, adjusting for the impact of discount or premium on the purchase of bonds.