People Who Believe That They Will Be Caught If They

question 42

Multiple Choice

People who believe that they will be caught if they commit crime are the ones most likely to be deterred from committing criminal acts. What element of deterrence does this reflect?

• A)perception of punishment
• B)certainty of punishment
• C)severity of punishment
• D)speed of punishment

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Definitions:

Capital Budgeting

The process of evaluating and selecting long-term investments that are in line with the goal of maximizing the value of a firm.

Straight-Line Depreciation

An approach for allocating the expenditure of a material asset over its lifespan in steady yearly payments.

Net Present Value

A calculation that compares the value of a dollar today to the value of that same dollar in the future, taking inflation and returns into account.

Capital Budgeting

The process of making investment decisions in long-term assets and projects, often involving analysis of their cash flows.