Who Originally Created the Concept of Probation

question 28

Multiple Choice

Who originally created the concept of probation?

• A) John August Bulmer
• B) Robert Peel
• C) John Augustus
• D) None of the Above

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Definitions:

Business Decisions

Choices made by individuals or groups in a corporate setting regarding the direction, operations, and strategy of a business.

Direct Method

A cash flow statement preparation method that lists major cash receipts and payments during the period, directly showing sources and uses of cash.

Net Income

A calculation that determines a company's profit by deducting total expenses from total revenues, serving as an essential indicator of financial health.

Investing Activities

Part of a company's cash flow statement that reports the purchase and sale of long-term investments and property, plant, and equipment.