Explain the Four Elements of Socialization That Have Been Linked

question 18

Essay

Explain the four elements of socialization that have been linked to delinquency.If you were to rank order the elements, how would that look? Explain why you chose this order.

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Definitions:

Sales Returns

Transactions in which customers return goods previously purchased and receive a refund or credit.

Accounts Receivable

Customers' outstanding dues to a company for previously furnished goods or services.

Credit Terms

The conditions under which credit will be extended to a customer, including the repayment time frame and any interest or discounts.

Net Allowance

The remaining balance after adjustments are made for discounts, returns, or bad debts to the gross receivables or revenue.