Which of the Following Most Accurately Describes the Number of People

question 27

Multiple Choice

Which of the following most accurately describes the number of people in U.S. prisons?

• A) Because of the excellent job the prisons are doing in rehabilitating inmates, the number of people incarcerated in the United States continues to decline.
• B) Because many activities have been decriminalized, the number of people incarcerated in U.S. prisons is at an all-time low.
• C) The United States has more people in prison than other countries, but it has a larger population than other countries.
• D) The United States has the highest incarceration rate per capita in the world.

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Definitions:

Long-term Debt

A financial obligation that extends beyond one year, used by businesses to finance their operations or acquire assets.

Contingent Liabilities

Potential liabilities that may occur depending on the outcome of a future event.

Remote Possibility

A very low probability event; in Accounting, refers to uncertain events that are considered unlikely to happen and may not be recorded.

Current Liabilities

Obligations or debts a company must pay within a year, including accounts payable, short-term loans, and accrued expenses.