You Are in Charge of a Community Corrections Facility, and Are

question 5

Essay

You are in charge of a community corrections facility, and are responsible to explain to your Board of Directors your success rate. Influential donors are starting to question the rate of recidivism. You have to convince the donors that there are other measures of the success of your program. What will you say at the board meeting?

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Definitions:

Depreciation Method

A methodical strategy for distributing the expense of a physical asset across its lifespan.

Straight-Line

A method of allocating an asset's cost evenly over its useful life for purposes of depreciation.

Contra Asset Account

An account on a balance sheet that reduces the value of an associated asset account, such as accumulated depreciation.

Accumulated Depreciation

Accumulated depreciation is the total amount of depreciation expense that has been recorded for an asset, representing how much of its value has been depleted over time.