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Which of the following is not one of the major factors Herbert Jacob says causes the police to exercise discretion?
Liability
A financial obligation or debt owed by a company or individual to another entity, payable in money, goods, or services.
Account Type
Categories under which financial transactions are recorded, such as assets, liabilities, equity, revenue, and expenses.
Prepaid Rent
Expenses paid in advance for the use of property or equipment that is recorded as an asset until the period it benefits.
Balance Sheet
A financial outline showing the holdings, debts, and the portion belonging to shareholders of a company on a certain date.
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