Which Method of Discouraging Speeding Is Likely to Be MOST

question 3

Multiple Choice

Which method of discouraging speeding is likely to be MOST effective given that people usually exploit opportunities to make themselves better off?

• A)increasing the number of signs stating the speed limit
• B)increasing the fine associated with speeding tickets
• C)public service announcements reminding drivers of the dangers of speeding
• D)asking drivers to reduce speed

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Definitions:

Collection

The process of gathering or accruing items or amounts owed to a business, typically in the context of accounts receivable.

Loan Made

Money that is lent to another party in exchange for future repayment of the loan value amount, plus interest.

Indirect Method

An accounting technique used to prepare the cash flow statement, where increases in non-cash current assets are subtracted from, and increases in current liabilities are added to, net income to arrive at net cash flow from operating activities.

Net Cash

The difference between all cash inflows and outflows within a given period, often used to assess financial health.