Who Is Credited with Establishing the First Parole System in the United

question 49

Multiple Choice

Who is credited with establishing the first parole system in the United States?

• A) John Augustus
• B) Alexander Maconochie
• C) Walter Crofton
• D) Zebulon Brockway

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Definitions:

Current Assets

Assets that are expected to be converted into cash, sold, or consumed within one year or the business’s operating cycle, whichever is longer, such as cash, inventory, and receivables.

Direct Method

In cash flow reporting, a format that presents major classes of gross cash receipts and payments, providing transparency into a company's operating cash flows.

Operating Activities

Activities that constitute the primary or main activities of a business, such as selling goods or providing services.

Cash Collections

Cash collections involve the process of gathering all payments or receipts in cash form, typically from customers or clients.