Which of the Following  Is an Intermediate Sanction Administered by the Community

question 94

Multiple Choice

Which of the following  is an intermediate sanction administered by the community?

• A) Fines
• B) Day reporting centers
• C) Restitution
• D) Forfeiture
• E) Jails

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Definitions:

Permanent Account

An account that is not closed at the end of the accounting period and whose balances are carried forward to the next period, such as assets, liabilities, and equity accounts.

Plant Assets

Long-term tangible assets that are used in the operation of a business and are subject to depreciation, excluding land.

Unclassified Balance Sheet

A simplified financial statement that presents assets, liabilities, and equity without categorizing them into further subdivisions.

Classified Balance Sheet

A financial statement that segregates assets and liabilities into current and non-current categories, providing a detailed snapshot of a company's financial condition at a specific time.