Javier Was Recently Tried and Convicted of Trafficking Cocaine Across

question 65

Multiple Choice

Javier was recently tried and convicted of trafficking cocaine across state lines. He was sentenced to a mandatory 10-year prison sentence. Javier is a citizen of Mexico; however, he has been living in the United States for the last several years with his wife and two young children. Javier is serving his sentence in a single cell with little to no contact throughout the day. The warden seems to believe in old-style punishment.
-Javier does not like the fact that the warden likes to keep the inmates separate in order to intensify their punishment,which is an example of

• A) ​separate confinement.
• B) ​the contract labor system.
• C) ​the congregate system.
• D) ​the jail system.

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Definitions:

Cash Realizable Value

The amount of money that could be realized from assets if they were sold, after settling any associated costs.

Allowance Method

The allowance method is an accounting technique that enables companies to anticipate and adjust for expected bad debts or credit losses in their financial statements.

Direct Write-off Method

Accounting practice where uncollected receivables are directly written off against income when deemed uncollectible, without using an allowance account.

Bad Debt Expense

A financial accounting concept representing the amount of uncollectible accounts receivable that a company expects to write off as a loss.