Which Is Not a Reason That Poorer Individuals Are at Greater

question 121

Multiple Choice

Which is not a reason that poorer individuals are at greater risk of being victimized by crime?

• A)They cannot afford to hire private security companies.
• B)They cannot afford to move to urban areas.
• C)They cannot afford to install home security systems.
• D)They often work third shifts that require them to travel to or from work at night.

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Definitions:

Capital Lease

A lease classified as a purchase by the lessee, where the asset is accounted for on the lessee’s balance sheet as an asset.

Effective-Interest Method

A method of calculating the amortized cost of a bond and the interest expense over the life of the bond by applying a constant interest rate to the carrying value of the bond.

GAAP

Stands for Generally Accepted Accounting Principles, which are the standard framework of guidelines for financial accounting in a particular jurisdiction.

Straight-Line Method

A method of depreciation where an asset's cost is evenly reduced over its useful life.