CASE 12.2 Gloria Karli, a Secretary and Single Mother of Three with Three

question 45

Multiple Choice

CASE 12.2
Gloria Karli, a secretary and single mother of three with no prior arrests, was arrested for larceny and vandalism when she stole $700 worth of jewelry from a coworker's house and slashed the coworker's tires in retaliation for comments made to Gloria's supervisor about missing work for unexcused reasons. Given this information, answer the following questions:
-Having failed on probation, Ms. Karli served the remainder of her sentence in jail. Her family argued that ___________________, a view that focuses on crime as an act against the community rather than the state and brings all parties together to address the root of the problem would have been more effective.

• A)Community day reporting
• B)Residential community corrections
• C)Restorative justice
• D)Work release

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Definitions:

Net Realizable Value

Net Realizable Value is the estimated selling price of goods, minus the estimated costs of completion and necessary selling costs, used for inventory valuation and accounts receivable.

Inventory

The merchandise and supplies a company maintains with the end purpose of selling or manufacturing.

Periodic Inventory System

A method of inventory management where inventory levels and cost of goods sold are updated in the accounting records on a periodic basis, such as monthly or annually.

FIFO Cost Method

An inventory valuation method that assumes goods are sold in the order they were acquired, using the costs of the earliest items first.