A Person Found Speeding Is Considered to Have Committed A(n)

question 84

Multiple Choice

A person found speeding is considered to have committed a(n) ________.

• A) indictable offence
• B) violation
• C) felony
• D) misdemeanor

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Definitions:

Straight-Line Method

A depreciation technique in which an asset loses equal value annually over its useful life.

Fiscal Year

A one-year period that companies and governments use for financial reporting and budgeting, different from a calendar year.

Straight-Line Method

The straight-line method is an accounting technique used to allocate the cost of an asset evenly over its useful life for the purposes of depreciation.

Semiannual Interest

The interest on a financial obligation, such as a bond or loan, that is paid twice a year.