Which of the Following Is a Statement Provided Prior to Sentencing

question 8

Multiple Choice

Which of the following is a statement provided prior to sentencing that helps the court focus on the human cost of the crime by noting the cost of the crime to the surviving family members or victims of a crime?

• A)statement of interested parties
• B)human impact statement
• C)victim compensation statement
• D)victim impact statement

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Definitions:

Significant Risks

Major threats or uncertainties that could potentially impact an entity's operations, financial performance, or reputation significantly.

Economic Benefits

Refers to the advantages or gains, often measured in terms of revenues or savings, that an entity expects to receive as a result of certain actions or investments.

Transaction Costs

Incremental direct costs that are directly attributable to the acquisition, issue, or disposal of a financial asset or financial liability.

Revenue Recognition

An accounting principle that outlines the specific conditions under which revenue is recognized within the financial statements.