Buffy Is Designing an Intermediate Sanction Program

question 97

Multiple Choice

Buffy is designing an intermediate sanction program. What type of cost savings as compared to regular probation should she expect, based on the research of Petersilia and Turner?

• A)no cost savings whatsoever
• B)minimal cost savings
• C)significant cost savings
• D)significant cost savings, but only for property offenders

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Definitions:

Opportunity Costs

The benefit that is missed or foregone when choosing one alternative over another.

Trading Costs

Expenses associated with buying and selling securities, including broker commissions and spreads.

Speculative Motive

This motive describes the intention to hold cash for the purpose of taking advantage of opportunities that may arise, such as purchasing assets expected to increase in value.

Lockboxes

A service provided by banks to process payments quickly by having those payments directed to a special post office box rather than to the company.