______ Deterrence Refers to the Preventive Effect of the Threat

question 55

Multiple Choice

______ deterrence refers to the preventive effect of the threat of punishment on the population; it is aimed at potential offenders.

• A)general
• B)specific
• C)primary
• D)secondary

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Definitions:

Working Capital

The difference between a company's current assets and current liabilities, indicating the short-term liquidity of the company.

Financial Ratios

Quantitative measures derived from a company's financial statements used to evaluate its financial performance and health.

Financial Stability

The condition of having a strong financial foundation, characterized by the ability to withstand economic fluctuations and meet obligations without undue stress.

Operating Efficiency

The effectiveness with which a company utilizes its assets and resources to generate profits and minimize costs without sacrificing quality.