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A Key Objective of the __________ Is to Repair the Damage

question 14

Multiple Choice

A key objective of the __________ is to repair the damage done to the victim and the community by an offender's criminal act. It states that the criminal justice system should promote a peaceful and just society; the system should focus on peacemaking rather than on punishing offenders.


Definitions:

Bad Debts

Amounts owed to a company that are not expected to be received, often due to customers being unable to pay.

Income Statement

A financial document that reports a company's revenues, expenses, and net income over a specific period.

Percentage of Sales Method

A financial forecasting model that assumes certain expenses and incomes will vary directly with sales.

Allowance for Doubtful Accounts

A contra-asset account that estimates the portion of accounts receivable which may not be collectible.

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