Which disciplinary action involves monetary penalties?

The choice involving monetary penalties is indeed civil penalty. This type of disciplinary action is specifically designed to impose fines or financial repercussions on a licensed professional who has violated regulations or ethical standards. Civil penalties serve not only as a punishment but also as a deterrent to prevent future violations by either the individual or others in the profession.

In contrast, formal censure typically involves a formal reprimand without financial implications, probation focuses on monitoring the professional's practice over time without necessarily imposing immediate penalties, and advisory censure serves as a warning or note of concern that does not carry a monetary cost. These alternatives do not involve financial penalties, making civil penalty the only option that specifically entails such consequences.