According to Maconochie, the Goal of Corrections Is to ______

question 58

Multiple Choice

According to Maconochie, the goal of corrections is to ______.

• A) protect and serve
• B) keep the peace
• C) exact revenge
• D) teach virtue

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Definitions:

Payment

The act of transferring money or value from one party to another as a form of settlement for goods, services, or obligations.

Unearned Fees

Revenue received by a company for services yet to be performed, recognized as a liability until the services are provided.

Fees Earned

Income received for services provided by a company or individual.

Adjusting Entry

A journal entry made in accounting to adjust income or expense accounts so they align with the accrual method of accounting.