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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?
GAAP
Generally Accepted Accounting Principles; a collection of commonly-followed accounting rules and standards for financial reporting.
Operating Segment
A distinct part of a business that engages in business activities which earn revenues, incur expenses, and is regularly reviewed by management.
Chief Operating Officer
A senior executive tasked with overseeing the day-to-day administrative and operational functions of a company.
Revenues
The income that a business receives from its normal business activities, typically from the sale of goods and services to customers.
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