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A juvenile has been arrested for vandalizing a Burger King. He and his friends tore up some landscaping, threw rocks at the marquee (breaking glass panels) , and spray-painted graffiti. As part of the diversion process, he has accepted the opportunity to meet with the restaurant's owner for a mediation session. The probation officer leading the meeting suggests a penalty that involves an apology and a schedule of work to be performed at the restaurant. In addition, the offender agrees to attend counseling to assist him with personal issues. All agree to the plan. One criticism of restorative justice suggests that _____________ offenders may be good for the individual victim but may not be good for the "class of victims" who have yet to be victimized.
Economic Sacrifices Approach
A method in accounting that focuses on recognizing and measuring the sacrifices or costs that a company incurs in the process of generating revenue.
Input Market
The market in which firms purchase raw materials, labor, services, and other inputs necessary for the production of goods or services.
Salvage Value
The estimated resale value of an asset at the end of its useful life.
Expected Benefit Approach
A method used in actuarial science and finance to calculate the anticipated benefits and corresponding costs or contributions to a pension plan over time.
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