The First Institution to Embody the Principles of the Cincinnati

question 11

Multiple Choice

The first institution to embody the principles of the Cincinnati Prison Congress was .

• A) Sing Sing Prison
• B) Auburn State Penitentiary
• C) Elmira Reformatory
• D) Cincinnati City Prison

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Definitions:

Account Balances

The amount of money in a financial repository, such as a bank account, at any given time.

Retained Earnings

The portion of a company's profit that is held back and not distributed to shareholders as dividends, to be reinvested in the business or used to pay off debt.

Contractual Loan Restrictions

Clauses in a loan agreement that limit the borrower's actions in certain ways to reduce the lender's risk.

Preferred Dividends

Payments made to preferred shareholders before any dividends are distributed to common shareholders, often at a fixed rate and with priority over common dividends.