Judge Elaine Smith Is Assigned to the Department of Juvenile

question 64

Multiple Choice

Judge Elaine Smith is assigned to the Department of Juvenile Justice. She has been in her position for eight years. She has recently seen a change in the attitude of many of the juveniles who come through her courtroom. She loves her position, but sometimes gets weighed down by the assembly-line system of justice we offer our juveniles. On Monday morning, Judge Smith's first case was a 13-year-old who had shoplifted a pair of sunglasses from a local Walmart.  Which of the following would not be an option for Judg e Smit h ?

• A) D etention or shelter  prior to court  appearance.
• B) R elease or referral to community  resources.
• C) R elease to parents   prior to court  appearance.
• D) C itation and referral  t o juvenile intake,  release to parents.
• E) None of the above are options the judge can use.

Realize the importance of adjusting entries in representing true financial position and performance.

Understand the basic principles and assumptions underlying financial statements.

Prepare financial statements, including owner's equity and income statements.

Perform adjustments for prepaid expenses and accrued expenses.

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Definitions:

Economic Significance

The measure of the impact that an event, policy, or market trend has on economic factors such as growth, employment, inflation, and investment.

Exchange Creates Value

The principle that trade between parties can increase the satisfaction of both, thus creating additional value.

Government Allows

refers to the permissions or regulations established by a government that enable or restrict certain activities or operations.

Private Ownership

The ownership of assets, properties, or businesses by individuals or corporations rather than the government or public entities.