What Was the Major Drawback of the Reform Era

question 53

Multiple Choice

What was the major drawback of the reform era?

• A) Community policing was redesigned based on the new model of policing
• B) Crime rates increased drastically
• C) Relations with the community suffered
• D) Salaries for the rank and file were reduced,which did not allow for hiring of the best people

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Definitions:

Carrying Amount

The current book value of an asset or liability on the balance sheet, considering factors like depreciation or impairment.

Parent Assets

Assets held by a parent company, including those arising from investments in subsidiaries and other entities over which the parent company has control.

Carrying Amount

The book value of assets and liabilities that is reported in the financial statements, calculated as the original cost minus any depreciation, amortization, or impairment costs made against the asset.

Fair Value

The financial figure anticipated when disposing of an asset or the price to move a liability in a regulated exchange involving market entities on the date of valuation.