The Conditional Release of an Inmate from a Prison or Other

question 4

Multiple Choice

The conditional release of an inmate from a prison or other form of correctional institution back into the community is referred to as

• A)parole.
• B)citation.
• C)arrest.
• D)booking.

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Definitions:

Breakeven

A situation where the sum of all costs equals the sum of all revenues, with no profit or loss occurring.

Mark-up

The amount added to the cost price of goods to cover overhead and profit, often expressed as a percentage of the cost.

Operating Expenses

Costs associated with the day-to-day operations of a business, excluding cost of goods sold.

Mark-up

The difference between the cost of a good and its selling price, expressed as a percentage over the cost.