When a Juvenile Is Sent to an Institution, Camp, Ranch

question 43

Multiple Choice

When a juvenile is sent to an institution, camp, ranch, or group home it is called _______.

• A)justice
• B)residential placement
• C)probation
• D)parole
• E)community service

---

Definitions:

Double-Declining-Balance

A method of accelerated depreciation in which an asset's book value is reduced by twice the rate of straight-line depreciation.

Straight-Line Rate

The Straight-Line Rate refers to a method of calculating depreciation or amortization by evenly allocating the cost of an asset minus its salvage value over its useful life.

Depreciation Method

A systematic approach to allocating the cost of a tangible asset over its useful life.

Financial Statements

Formal records of the financial activities and position of a business, person, or other entity, including balance sheet, income statement, and cash flow statement.