A. a Range of Correctional Management Strategies

question 25

Short Answer

a. A range of correctional management strategies
b. Incarceration followed by sentence reduction
c. Sanctions can be calibrated and made equivalent
d. Designed for young people
e. Compensation for loss
f. Penalty based on a person's income
g. Free labor as a penalty

h. Government seizes assets used in criminal activity
i. Potential loss to victim/system
j. Targets convicted people subject to incarceration
-Continuum of sanctions

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Definitions:

AASB 141

The Australian Accounting Standards Board document that outlines the accounting treatment for agricultural activity.

IAS 41

International Accounting Standard 41 relates to agriculture. It prescribes the accounting treatment and disclosures related to agricultural activity.

Agricultural Produce

Products that result from the cultivation and harvest of plants, animals, and other organic materials for human consumption and use.

Fair Value

The price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date.