Fines, Forfeiture of Illegally Gained Assets, and Restitution to Victims

question 59

Multiple Choice

Fines, forfeiture of illegally gained assets, and restitution to victims are all examples of what form of punishment?

• A) intermediate sanctions
• B) determinate sanctions
• C) indeterminate sanctions
• D) restrictive sanctions

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Definitions:

Inventory System

A method used by organizations to maintain and manage the goods or materials that they stock, either for sale or for production purposes.

Depreciation Expense

A non-cash charge that reduces the value of an asset over time due to use, wear and tear, or obsolescence.

Residual Value

The estimated value of an asset at the end of its useful life, determining the depreciation amount to be allocated during the asset's lifespan.